1882-O Morgan $1 PCGS MS64

Price $150.00
 
Visa CC Logo MasterCard CC Logo

.

Add to Wishlist
Order in 1 click
1882-O Morgan $1 PCGS MS64
1882-O Morgan $1 PCGS MS64
1882-O Morgan $1 PCGS MS64
1882-O Morgan $1 PCGS MS64
In 1878 the Bland-Allison Act was passed, and it restored the striking of a silver dollar coin. This coin had been eliminated from minting with the passage of the Coinage Act of 1873. That Act dramatically reduced silver production overall and ended minting of a silver dollar coin.
The Act of 1878 reestablished a silver dollar coin and required the Secretary of the Treasury to purchase $2 million dollars of newly mined silver from Western mining interests.
The new silver dollars coins were struck from 1878 until 1904. After a 17-year hiatus, and due to a shortage of silver after World War I, these silver dollars were struck again in 1921. Now they needed a superior design for both sides of the coin.
George T. Morgan, the Assistant Chief Engraver of the United States Mint. He created a design for each side that appealed to most people and met all the coinage requirements.
Morgan’s obverse design displayed an allegorical representation of Miss Liberty, facing to the left. She wore a Phrygian cap (a slave cap) on her head, and a crown made of cotton and wheat. She also wore a headband on which the word “LIBERTY,” was inscribed.
The upper periphery of the obverse has the motto, “E PLURIBUS UNUM,” with the date displayed on the lower periphery. There are also thirteen six-pointed stars around the periphery – seven om the left and six on the right.
Morgan’s reverse design displayed a large American Bald Eagle, which also faced to the left, and the eagle’s wings are outstretched and upraised. The traditional motto, “IN GOD WE TRUST,” is centered between the eagle’s wings. This eagle is centered within an olive wreath. There are three arrows in one of the eagle’s talons and an olive branch in the other talon. On the upper periphery is “UNITED STATES OF AMERICA,” and the denomination “ONE DOLLAR,” is displayed on the lower periphery.
This coin was dated 1882, and it was struck at the New Orleans Mint, so there is an “O” mintmark underneath the eagle. The New Orleans Mint struck a small mintage of only 6,090,000 silver dollar coins during that year.
This coin is graded as MS64 by the Professional Coin Grading Service (PCGS), one of the three most accurate 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 1882-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

Prices Shown Subject to Change

The pricing quoted on this page is based on the current market price for this precious metal, which constantly fluctuates and we continuously update from 7 a.m. – 5 p.m. CT, Monday through Friday.

Online Orders

You will be charged the price listed at the time you place your order and it is confirmed as paid. If your order was not confirmed as paid, it may need to be reviewed by our fraud team and your price will not be locked in until you speak with a Blanchard account representative.

To protect against the rare event of abnormally volatile market conditions, we reserve the right to deny pricing quoted on this website.

Phone Orders

You will be charged the market price at the time you lock in your order with us.