1896-O One Dollar MS Values
Details
Best described as a conditional rarity, the 1896-O Morgan dollar is very common and affordable in the lower circulated grades but extremely rare in the uncirculated levels -- particularly Gem. The problem, like most O-mint Morgan dollars, the 1896-O was poorly struck and many pieces have truly poor luster. PLs and DMPLS exist but are extremely rare, and none are known in the Gem levels.
This coin is made of 90% silver; 10% copper and has a current melt value of $63.23
Obverse: Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse: The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Mint & Coinage Details
Mint Location:
New Orleans
Mintage:
4,900,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
Mint Mark:
O
Physical Characteristics
Fineness:
0.9
Weight:
26.73 gr
Weight:
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1 mm
Coin Shape:
Round
Design Details
Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1896
Obverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Reverse Designer:
George T. Morgan
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