OLEVIAN NUMISMATIC RARITIES

1881 O Morgan Silver Dollar

$3,100.00

Brand:  Olevian Numismatic Rarities (ONR), headquartered in Pittsburgh, was founded by Dane Olevian in 2012.  His passion for numismatics started at age 6 when he began acquiring vintage U.S. coins from his uncle.  With an entrepreneurial spirit and two decades of building relationships with numismatic collectors, mentors and experts, Dane launch ONR.  Today, Dane is a life member of ANA, FUN and the PAN and has lead ONR to be one of the most influential companies ranked by Coin World while also continuing to practice medicine.  

Product: This certified 1881-O Morgan Dollar PCGS MS64+DMPL with a green CAC sticker has a razor sharp strike, heavily frosted design elements, and boldly contrasting deeply mirrored fields. The surfaces are free of any seriously distracting marks or spots. New Orleans minted Morgan dollars displaying this degree of proof like effect, and this well struck, are serious outliers. This is an excellent candidate for a high-grade set of deep mirror proof-like (DMPL) Morgan dollars. You will receive the unique coin shown in the photos, certified by PCGS to be in Mint State condition, and housed in a wood display box with certificate of authenticity.  The Morgan dollar is among the most historic U.S. coins ever minted. Named after the designer, U.S. Mint Assistant Engraver George T. Morgan, it was produced from 1878 to 1904 and in 1921. The obverse depicts Liberty as a youthful woman wearing a Phrygian cap, worn by emancipated slaves of ancient Rome, together with a headdress of cotton and wheat— staples of the U.S. economy. The reverse features a Bald Eagle with outstretched wings, symbolic of the power of the U.S. government. The eagle bears in its great talons both an olive branch and 3 arrows, representing a nation of peace but one that is poised for war. The dollar was authorized by the Bland-Allison Act of 1878, which required the Treasury to purchase an enormous 2 to 4 million dollars’ worth of silver each month to be coined into dollars. Later, in 1918, passage of the Pittman Act ultimately led to the melting of over 270 million Morgan dollars held in treasury reserves. Today, the choice few that remain are cherished specimens of a bygone era that serve to immortalize the memory of a young, prosperous, and powerful United States of America.

Details:

  • Type: Morgan Dollar (1878-1904, 1921)
  • Designer: George T. Morgan
  • Weight: 26.73 grams
  • Diameter: 38.1 mm
  • Composition: 0.900 silver and 0.100 copper
  • Net silver weight: 0.77344 oz pure silver
  • Obverse Design: Liberty with Phrygian Cap and headdress of cotton and wheat / 13 stars
  • Obverse Inscription: E PLURIBUS UNUM / LIBERTY / DATE
  • Reverse Design: Eagle with outstretched wings, bearing an olive branch and arrows in talons / Wreath
  • Reverse Inscription: UNITED STATES OF AMERICA / IN GOD WE TRUST / ONE DOLLAR
  • Certificate of Authenticity

Shipping: Ships within 48 hours by an authorized partner

Returns: No returns accepted

  
1881 O Morgan Silver Dollar
$3,100.00