Morgan Dollars are some of America’s most prized classic coins among collectors and investors, a favorite coin among the settlers, prospectors, and outlaws of the so-called “Wild West” because of its large size and considerable silver content. Outside of the coins from the famous “Hoard of Morgans” discovered in the 1960s, surviving coins with an uncirculated mint-state grade are exceedingly rare: most coins were worn out or damaged in circulation or melted down for their silver. Even rarer are the Morgan dollars that were struck at the now-defunct branch mint in New Orleans, unknown to most collectors and comprising a “forgotten” class of Morgans produced between 1879 and 1904, each coin now over 115 years old. An excellent example is the 1884-O Morgan Silver Dollar Coin now available from JM Bullion.
Coin Highlights:
- Comes in a protective plastic slab with a label verifying its certified PCGS grade of MS/63!
- Struck at the New Orleans Mint in 1884!
- Contains 0.7734 Troy oz of Silver, with a composition of 90% silver and 10% copper.
- Face value of $1 backed by the United States government.
- Obverse field features Lady Liberty.
- Reverse field features a heraldic eagle.
A leading third-party coin grading service, PCGS has set the industry standard for the authentication and grading of rare coins since 1986, pioneering the kinds of renowned expert assessment that can counteract attempts at counterfeiting and coin doctoring in the collectors’ market. The company has championed tamper-proof protecting packaging and promoted the standardized and internationally trusted grading scale that identifies this coin as having the “mint state” quality of an uncirculated coin.
The 1884-O Morgan Silver Dollar Coin ships in a protective plastic slab labeled with that certified PCGS grade: Mint State 63 meaning an average strike with moderate marks or hairline scratches. Each shipment of this rare coin is tracked and fully insured by the team at JM Bullion, ensuring that your coin reaches you without damage or loss.
The coin’s obverse side features a profile of Lady Liberty, an allegorical symbol of American national identity, wearing a “slave cap” that traditionally symbolizes freedom. She’s accompanied by the inscriptions “E PLURIBUS UNUM” and “1884,” and thirteen decorative stars at the rim to represent each of the Union’s founding states.
A heraldic eagle dominates the coin’s reverse side, clutching a bundle of arrows and an olive branch. This is accompanied by the mint mark and the inscriptions “UNITED STATES OF AMERICA,” “ONE DOLLAR,” and “IN GOD WE TRUST.”
Learn more about any of our listings by connecting with JM Bullion today. Call us at 800-276-6508, send us an e-mail, or talk with an agent at our convenient online live chat.