A sought-after classic coin on the collectors’ market, the Morgan Silver Dollar is heavily identified with the days of the “Wild West,” when it was prized among the outlaws, settlers, and prospectors of the frontier for its large size and substantial silver content. Some of the rarest specimens come from the long-lost branch mint in New Orleans, which struck them between 1879 and 1904: a supply of coins now over 115 years old at a minimum, most of which wore out from circulation or were melted down for their precious silver. This “forgotten” class of Morgans remains very difficult to find in uncirculated grades with a Mint State quality of 60 or over according to the standardized Sheldon scale used by modern grading services. An example is the 1900-O Morgan Silver Dollar Coin, now available for online purchase from JM Bullion.
- Delivered in a protective plastic slab with a label verifying a certified PCGS grade of Mint State 63!
- Struck at the New Orleans Mint in 1900!
- Limited supply from a survival estimate of 300,000 pieces!
- Contains 0.7734 Troy oz of Silver, comprised of 90% silver and 10% copper.
- Face value of $1 issued by the United States government.
- Obverse side features Lady Liberty.
- Reverse side features a heraldic eagle.
The coin’s grade is supplied by PCGS, a leading third-party coin grading service founded in 1986. Pioneering the kind of expert assessment that was aimed at curtailing counterfeiting and coin doctoring, PCGS was also a champion of the tamper-proof protective packaging and the assessment of rare coins according to an internationally recognized standard. This coin has a Mint State grade of 63, indicating an average strike with moderate marks and hairline scratches.
This 1900-O Morgan Silver Dollar Coin ships in a secure plastic slab labeled with its certified PCGS grade, with a limited supply available from an estimated surviving stock of just 300,000 pieces. The team at JM Bullion fully insures each ship against even the most remote possibility of loss or damage in transit.
The obverse side of the coin features an effigy of Lady Liberty wearing a Phrygian cap that symbolizes freedom. This is accompanied by the inscriptions “E PLURIBUS UNUM” and “1900,” with thirteen decorative stars at the rim representing each of the Union’s founding states.
On the reverse side, a heraldic eagle clutches a bundle of arrows and an olive branch. It is accompanied by the “O” mint mark and the inscriptions “UNITED STATES OF AMERICA,” “ONE DOLLAR,” and “IN GOD WE TRUST.”
Contact JM Bullion today to learn more about any of the listings in our marketplace. You can phone us at 800-276-6508, talk with an agent at our online live chat, or send us an e-mail inquiry.