1881-O Morgan $1 PCGS MS64
In 1873, the Coinage Act of that year eliminated further minting of a silver dollar coin. That Coinage Act was sponsored and supported by people who pushed for the United States to retain the Gold Standard. So, for the next 5 years, the only silver dollar coins that were struck were US Trade Dollars, which were intended for use only in Asia.
But in 1878, the Bland-Allison Act restored the striking of a silver dollar coin, and it also mandated that the Secretary of the Treasury was required to purchase $2 million dollars of newly mined silver from Western mining interests. That large amount of raw silver would ensure a surplus of silver dollar coins.
These new coins were initially struck in 1878 and 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 both the obverse and reverse designs. His obverse design depicted 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 minted 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.
Morgan’s 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 MS64 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.
But in 1878, the Bland-Allison Act restored the striking of a silver dollar coin, and it also mandated that the Secretary of the Treasury was required to purchase $2 million dollars of newly mined silver from Western mining interests. That large amount of raw silver would ensure a surplus of silver dollar coins.
These new coins were initially struck in 1878 and 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 both the obverse and reverse designs. His obverse design depicted 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 minted 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.
Morgan’s 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 MS64 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 | MS64 |
| Country | United States of America |
| Grading Service | PCGS |
| Weight | .77344 |
| Fineness | .900 Fine Silver |
| Diameter | 38.1 mm |
| Manufacturer | The United States Mint |
Quick View
