The Morgan Silver Dollar is a pivotal coin in the history of American coinage, and some of the most famous issues have come from the New Orleans Mint: in particular the 1903-O, which was long known as the “King of Morgan Dollars,” more rare, important, acclaimed and sought-after than any other specimen. That state of affairs lasted until a previously unknown supply of these coins were found in the vaults of the Philadelphia Mint in 1962, triggering was some experts call the numismatic analog to a gold rush. These coins have been relatively abundant since that discovery, but a specific combination of coin and packaging remains rare: the 1903-O Morgan Silver Dollar Coin is now available in a GSA Soft Pack Holder from JM Bullion.
Coin Highlights:
- Comes in a GSA Soft Pack Holder with a plastic GSA token!
- Issued in 1903 by the New Orleans Mint!
- Contains 0.7734 Troy oz of actual silver content.
- Face value of $1 (USD) backed by the United States government.
- Lady Liberty graces the obverse field.
- A heraldic eagle dominates the reverse field.
1903 was long the definitive key date for Morgan silver dollars with the “O” mint mark, or for that matter any mint mark, due to their long-time rarity. Since the discovery of the near 3 million-coin GSA Hoard of Morgans in the Sixties, and the auctioning of those coins to the public by the General Services Administration in the Seventies and Eighties, such coins are no longer the undisputed “king” of the Morgan dollars, but with certain packaging, they’re still rare and valuable.
A GSA Soft Pack Holder contains this 1903-O Morgan Silver Dollar Coin, soft plastic inside a checkbook-style fold accompanied by a plastic token to confirm its silver content. This kind of packaging was used relatively briefly, with only about 100,000 of the Hoard coins using it.
Lady Liberty appears on the obverse, accompanied by the inscriptions “E PLURIBUS UNUM” and “1903” and thirteen decorative stars. A heraldic eagle features on the reverse carrying arrows and an olive branch, accompanied by the “O” mint mark and the inscriptions “UNITED STATES OF AMERICA,” “ONE DOLLAR,” and “IN GOD WE TRUST.”
Add a distinctive piece of numismatic history to your collection when you order this beautiful coin from the team at JM Bullion. Phone us at 800-276-6508, talk with a team member at our online live chat, or simply send us an e-mail inquiry.