1881-O Morgan $1 PCGS MS63
In 1873, the Coinage Act eliminated the future minting of the silver dollar coin, which had been first struck in 1794. Until 1878, the only silver dollar coins that were struck were US Trade Dollars, which were intended for use only in Asia and not in the United States.
However, in 1878, the Bland-Allison Act was passed, and this legislation restored the striking of a silver dollar coin. The Bland-Allison Act also mandated that the Secretary of the Treasury was required to purchase $2 million dollars of newly mined silver from Western mining interests.
These new coins were struck in 1878 and then annually through 1904. There was a shortage of silver after World War I, so these silver dollar coins were struck for one year, in 1921.
George T. Morgan, who served as the Assistant Chief Engraver of the United States Mint, created the obverse and reverse designs for this new silver dollar coin.
Morgan’s obverse design depicted an older Miss Liberty, facing to the left. She wore a slave cap on her head, as well as a crown made of cotton and wheat. She also wore a headband upon which the word “LIBERTY,” was inscribed. The upper periphery of the obverse is inscribed with “E PLURIBUS UNUM.” The date of striking the coin was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – seven on the left side, six on the right.
His reverse design displayed a large American Bald Eagle, facing to the left, and the eagle’s wings are outstretched and raised upward. The motto, “IN GOD WE TRUST,” is positioned between the eagle’s wings. The eagle is centered within an olive wreath. It holds three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and the denomination “ONE DOLLAR,” is displayed on the lower periphery.
This coin was dated 1881, and it was struck at the New Orleans Mint, so there is an “O” mintmark underneath the eagle. The New Orleans Mint struck a scant 5,708,000 silver dollar coins during that year.
This coin is graded as MS63 by the Professional Coin Grading Service (PCGS), one of the three most popular and desirable grading services in existence.
Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
However, in 1878, the Bland-Allison Act was passed, and this legislation restored the striking of a silver dollar coin. The Bland-Allison Act also mandated that the Secretary of the Treasury was required to purchase $2 million dollars of newly mined silver from Western mining interests.
These new coins were struck in 1878 and then annually through 1904. There was a shortage of silver after World War I, so these silver dollar coins were struck for one year, in 1921.
George T. Morgan, who served as the Assistant Chief Engraver of the United States Mint, created the obverse and reverse designs for this new silver dollar coin.
Morgan’s obverse design depicted an older Miss Liberty, facing to the left. She wore a slave cap on her head, as well as a crown made of cotton and wheat. She also wore a headband upon which the word “LIBERTY,” was inscribed. The upper periphery of the obverse is inscribed with “E PLURIBUS UNUM.” The date of striking the coin was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – seven on the left side, six on the right.
His reverse design displayed a large American Bald Eagle, facing to the left, and the eagle’s wings are outstretched and raised upward. The motto, “IN GOD WE TRUST,” is positioned between the eagle’s wings. The eagle is centered within an olive wreath. It holds three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and the denomination “ONE DOLLAR,” is displayed on the lower periphery.
This coin was dated 1881, and it was struck at the New Orleans Mint, so there is an “O” mintmark underneath the eagle. The New Orleans Mint struck a scant 5,708,000 silver dollar coins during that year.
This coin is graded as MS63 by the Professional Coin Grading Service (PCGS), one of the three most popular and desirable grading services in existence.
Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
| Specifications | |
| Year | 1881-O |
| Denomination | One Dollar |
| Grade | MS63 |
| Country | United States of America |
| Grading Service | PCGS |
| Weight | .77344 |
| Fineness | .900 Fine Silver |
| Diameter | 38.1 mm |
| Manufacturer | The United States Mint |
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