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Precious metals

1885-O Morgan Dollar MS-63 NGC

SKU: APMEX-4586

$156.24$46.8770% OFF

In stock

Product Details

Product Details

This 1885-O Morgan Dollar, graded MS-63 by NGC, is a genuine artifact struck at the New Orleans Mint. It embodies the nation's efforts to stabilize its economy following the Civil War, connecting to a significant period of expansion.

Imagine America in 1885 – a nation rapidly rebuilding and looking westward, grappling with economic debates and the desire for stability. The U.S. Mint’s New Orleans branch, having reopened just a few years prior after the Civil War, was at the heart of this effort, pumping out millions of silver dollars. This particular 1885-O Morgan Dollar, certified in Mint State 63 by NGC, emerges directly from that dynamic period, representing a significant output from a mint with a notable history. It’s a snapshot of a country in motion, making it a compelling piece for anyone interested in American economic history.

Designed by the talented George T. Morgan, the obverse of this dollar presents a graceful profile of Lady Liberty. Morgan found his inspiration in Anna Willess Williams, a Philadelphia schoolteacher, whose likeness brought a fresh, American face to the classic allegorical figure. Her Phrygian cap, a symbol of freedom, is adorned with agricultural symbols like wheat and cotton, emphasizing the nation's agrarian roots. Above her, the phrase "E Pluribus Unum" and thirteen stars further underscore the unity of the nascent nation.

Flip the coin over, and the reverse displays Morgan’s powerful rendition of a heraldic eagle, wings spread wide in a posture of strength and vigilance. In its talons, the eagle grasps both an olive branch, signifying peace, and a bundle of arrows, representing the country’s readiness to defend itself. Encircling this patriotic motif are the inscriptions “United States of America” and “One Dollar,” along with the motto “In God We Trust.” This imagery collectively spoke to the aspirations of a young, confident republic.

The New Orleans Mint, identified by the "O" mint mark, had a notable journey. Shut down during the Civil War, its reopening was specifically tied to the Bland-Allison Act of 1878, which mandated the coinage of silver dollars. In 1885 alone, this facility produced an impressive 9,185,000 of these silver dollars. Despite this robust mintage, many of these coins were held in government vaults for decades before their eventual release, explaining why examples in uncirculated condition, such as this MS-63, are available today. Each coin contains 0.7734 troy oz of .900 fine silver, with a diameter of 38.1 mm and a thickness of 3.1 mm, making it a substantial piece of precious metal and an historical artifact. This Morgan Dollar is more than just silver; it's a tangible artifact from a remarkable time in American history, perfect for those who appreciate the narrative behind their numismatic acquisitions.

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