1884-O Morgan $1 NGC MS65

Price $188.00
 
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1884-O Morgan $1 NGC MS65
1884-O Morgan $1 NGC MS65
1884-O Morgan $1 NGC MS65
1884-O Morgan $1 NGC MS65
The Morgan Silver Dollar was created by the passage of the Bland-Allison Coinage Act of 1878, which re-established the silver dollar coin as the largest silver coin struck by the United States Mint. This Act was strongly supported by farmers, merchants, and by mining interests in the American West. Not only was a new silver dollar coin required, but this Act required the Secretary of the Treasury to purchase $2 million dollars’ worth of newly mined silver each month. That amount of silver would ensure a huge supply of silver dollar coins for decades to come.
The new silver dollar coins were first struck in 1878, in Philadelphia and the San Francisco and at a couple of the branch mints as well. In fact, they were minted annually through 1904 at various US mints. Due to a shortage of silver after World War I, these coins were also struck for one year again in 1921.
George T. Morgan, the Assistant Chief Engraver of the United States Mint, created magnificent designs for both sides of this new coin. Morgan’s obverse design depicted a more mature Miss Liberty, facing to the left. She wore a slave cap on her head, as well as a crown comprised of cotton and wheat. She also wore a headband upon which the word “LIBERTY,” had been inscribed. On the upper periphery was inscribed the required motto, “E PLURIBUS UNUM.” The date that the coin was minted was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – 7 on the left side, six on the right.
His reverse design depicted the traditional American Bald Eagle, facing left, and the eagle’s wings were outstretched and raised upward. Placed between the wings, was the motto “IN GOD WE TRUST.” The eagle is centered within an olive wreath. It held three arrows in one talon, and an olive branch in her other talon. On the upper periphery is “UNITED STATES OF AMERICA,” and the denomination “ONE DOLLAR,” was displayed on the lower periphery.
This coin was dated 1884, and it was struck by the New Orleans Mint, so there is an “O” mintmark underneath the eagle. The San Francisco Mint struck 9,730,000 silver dollar coins that year.
This coin is graded as MS65 by the Numismatic Guaranty Corporation (NGC), one of the three most popular and desirable grading services in existence. Coins graded as MS65 or higher are considered as ‘investment quality.”
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 1884-O
Denomination One Dollar
                    Grade MS65
Country United States of America
Grading Service NGC
Weight .77344
Fineness .900 Fine Silver
Diameter 38.1 mm
Manufacturer The United States Mint

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