1899-O Morgan $1 NGC MS63

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1899-O Morgan $1 NGC MS63
1899-O Morgan $1 NGC MS63
1899-O Morgan $1 NGC MS63
1899-O Morgan $1 NGC MS63
The Bland-Allison Coinage Act of 1878 reestablished the silver dollar coin that had been eliminated five years earlier by the Coinage Act of 1873. The Bland-Allison Coinage Act of 1878 was sponsored by farmers, merchants, and western silver mining interests who desperately wanted the silver dollar coin back in circulation.
The Bland-Allison Coinage Act of 1878 created a new silver dollar coin, but more importantly, it required the Secretary of the US Treasury to purchase $2 million dollars, monthly, of newly mined silver from western silver mines each month.
George T. Morgan, the Assistant Engraver at the US Mint, who had emigrated to the United States from England, created the obverse and reverse designs for this new silver dollar coin.
Morgan created a profile portrait of an older Miss Liberty, who faced to the left. In Morgan’s depiction, Miss Liberty is wearing a Phrygian, or slave cap on her head. There is a crown, comprised of cotton and wheat, over her cap. Additionally, she has a headband with the word “LIBERTY,” inscribed on it. That headband is an important design element as it is used for grading circulated coins.
Morgan placed the required motto, “E PLURIBUS UNUM,” on the upper periphery of the coin’s obverse. Below Miss Liberty’s profile is the date of minting the coin. There are also thirteen six-pointed stars spread out around the motto. Six stars are on the left side of the periphery and seven stars are on the right side.
Morgan’s reverse design depicts a large American Bald Eagle, located inside of an even larger olive wreath. This American Eagle holds three arrows in her left talon and an olive branch in her right.
The eagle’s wings are upright and outstretched and between the wings is the motto “IN GOD WE TRUST.” Another additional mandated motto “UNITED STATES OF AMERICA,” was placed on the upper periphery and the denomination “ONE DOLLAR,” is on the bottom periphery.
This coin was struck in 1899, and it was struck at the New Orleans Mint. There is an “O” mintmark present, below the eagle. The New Orleans Mint struck a fairly large number of coins that year - 12,290,000.
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 very happy to assist you.
 
Specifications  
Year 1899-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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