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- Product ID: 12174
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Most collectors are updating their Morgan collection to the certified coins, since it increases their numismatic value and the certified holders preserve the coins. During the time the Morgan silver dollar was in circulation, there were 4 different mints producing the highly collectible coins. One of the main producers of the Morgan was the New Orleans Mint, also known as the Old Mint. The Old Mint depended on the success of the Morgan's production so much that when the Morgan's production stopped, the Old Mint was decommissioned shortly after. The New Orleans Mint's building as been used as a fallout shelter, an assay office, and a storage facility for the US Coast Guard. It is now considered a national landmark, representing the history of coins. Your 1889-O Morgan was minted in New Orleans and is considered to be a MS63 grade. PCGS is another grading agency that is deeply admired by dealers and mints all over the US.
