1888 o silver dollar value

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During , the Morgan Silver Dollar series saw at least one major variety, and that was the O doubled die obverse coin. Though not a significantly priced rarity like some doubled dies are known to be, the O doubled die Morgan Silver Dollar definitely garners the interest of VAM Leroy C. Van Allen and A. George Mallis followers and is often an inclusion in the more comprehensive Morgan Dollar coin sets. Though, as is the case with all non-regular-strike coins, an O doubled die obverse dollar is not a necessity to complete a basic Morgan Dollar date and mintmark set.

1888 o silver dollar value

More than 12 million O Morgan dollars were minted. They began appearing mostly in the Western US in A second disbursement occurred through the mid- to late s. A veritable flood of O Morgan dollars hit the market from through Unlike the famous Treasury vault disgorgements at the same time, these came from the vaults at the Philadelphia Mint. Estimates of the number of Os released range from hundreds of thousands to more than a million. The O Morgan dollar is a typical common date mintage in all circulated grades. Mint State grades up to MS64 are also common. It is easily found in MS This is even though multiple millions of O Morgan dollars are thought to have been melted under the Pittman Act of Like many New Orleans mintages, the O Morgan dollar was weakly struck with dull luster.

The strike can range from flat to sharp, with most coins showing weakness at the center observe and center reverse.

Between and , the Philadelphia Mint released a ton of O Morgan Dollars from a sealed vault. It is unknown but believed that somewhere between , and millions was released from the Philadelphia Mint, with some collectors and investors examining many sealed bags amounting to tens of thousands of Mint State coins, and some challenging this amount and believing the coins were much less available. It was believed that many of these coins were lower grades with a soft strike. The O Morgan Dollar is available in most grades, and cherrypicking is highly advised to ensure that you find a specimen that meets your needs, has a sharp strike and is attractive overall. The O Morgan Silver Dollar ranges from a weak to sharp strike, and with a luster that is typically average to dull. This coin is plentiful, but is also a valuable coin in the Morgan Dollar series, as it is possible to find very attractive specimens that are sharply struck. The O Morgan Silver Dollar worth depends on what you are looking for in your coin collection.

The dollar coins produced in were the tenth mintage in the series known as Morgan dollars. Their nickname comes from the man who designed them, George T. The coins were first created as a result of campaigning by the mining industry. The powerful mine owners wanted a secure market for their wares. They lobbied for the Mint to be required to buy any silver that was presented to it at a set price. The Bland-Allison Act was passed in and obliged the Mint to buy a set quantity of silver every month.

1888 o silver dollar value

The Morgan silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins. Total Weight: The US minted the silver dollar with no mint mark and also the O silver dollar and S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath. This coin in circulated condition is worth at least its weight in silver. There were only proof coins minted. Click here to search for silver dollars on Amazon. There is a double die error for the O silver dollar.

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Striking and luster are often far below par, but it is possible to find an attractive example by taking some time to search. Ancient Coins. There must be strands of hair still visible over the ear to qualify for a VF grade. Slight wear will be seen on Liberty's cheek and high points of the hair. Any abrasions and scratches will be small and not distract from the rest of the design. After all, perhaps one of the most valuable things about coin collecting is the peace of mind you can enjoy about the authenticity of your coins. Australian Gold Coins. Though not a significantly priced rarity like some doubled dies are known to be, the O doubled die Morgan Silver Dollar definitely garners the interest of VAM Leroy C. The prices provided below are a general guide: No two coins are ever quite the same. E-mail Error message here! Silver Bars 10 Oz Silver Bars. Monster Boxes. Proof and prooflike examples of this issue may have greater or lesser "finest known" and different record auction prices. While "negligence" would be too harsh a word, the mint's inattention to detail did have the happy side effect of creating two spectacular error rarities: The "Hot Lips" DDO, and the "Scarface" O Morgan dollars. Canadian Coins.

Market estimates never seem to match retail prices.

This field is for validation purposes and should be left unchanged. Given the growing prevalence of counterfeit silver dollars on the market, it is usually best to buy any of the scarcer coins as slabbed. They began appearing mostly in the Western US in The O Morgan Silver Dollar ranges from a weak to sharp strike, and with a luster that is typically average to dull. There may be several scattered marks, but none that are particularly heavy. All major details will still be fully visible. This is even though multiple millions of O Morgan dollars are thought to have been melted under the Pittman Act of Like many of its sister New Orleans issues, the O Morgan dribbled out of government storage and into the coin market in and into the s. Proof and prooflike examples of this issue may have greater or lesser "finest known" and different record auction prices. Estimates of the number of Os released range from hundreds of thousands to more than a million. The rest of the wings will still show finer detail in some spots.