1898-O One Dollar MS Values
Details
This coin was once known as one of the great rarities of the Morgan dollar series, but it became a relatively common coin following the discovery and release of many 1898-O bags in Treasury vaults during the early 1960s. Now widely available in grades up to MS66, the 1898-O Morgan dollar is no more a rare coin than the 1903-O or 1904-O, two other Morgans once thought to be great rarities. PLs are more common than DMPLs, though neither is really rare, at least not until above the MS65 level.
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:
4,440,000
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, 1898
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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