Certified Morgan Silver Dollar 1898-O MS64PL NGC

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  • Product ID: 10872
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  • Description:

    The Certified Morgan Silver Dollar 1898-O MS64PL NGC is a remarkable piece of American numismatic history, exemplifying the exceptional craftsmanship and rich heritage of the United States Mint during the late 19th century. Struck at the New Orleans Mint, this coin is part of the iconic Morgan Dollar series, which was minted from 1878 to 1904 and then briefly again in 1921. The 1898-O Morgan Dollar, particularly with the Prooflike (PL) designation, holds significant value due to its historical context, notable mintage, and the unique characteristics associated with the New Orleans Mint, making it a highly desirable piece among collectors.

    Designed by George T. Morgan, an English engraver who later became the Chief Engraver of the United States Mint, the Morgan Silver Dollar features intricate and symbolic imagery. The obverse of the coin displays a left-facing profile of Lady Liberty, modeled after Anna Willess Williams, a Philadelphia schoolteacher whose classical profile Morgan believed epitomized American ideals. Liberty is depicted wearing a Phrygian cap inscribed with "LIBERTY" and adorned with cotton and wheat, symbolizing America’s agricultural wealth. The reverse showcases a heraldic eagle with outstretched wings, clutching an olive branch and arrows, signifying the nation's readiness for peace and defense. These detailed design elements highlight Morgan’s artistic talent and the high standards of the U.S. Mint during that era.

    The New Orleans Mint, identified by the "O" mint mark beneath the wreath on the reverse side, played a significant role in producing coinage for the United States, particularly in the post-Civil War era. In 1898, the New Orleans Mint produced approximately 4.4 million Morgan Silver Dollars. Despite this relatively moderate mintage, coins from the New Orleans Mint are particularly sought after by collectors due to the variable strike quality often associated with this facility. The 1898-O Morgan Dollar is especially noteworthy because it combines historical importance with the unique charm of prooflike surfaces, making it a prized addition to any collection.

    The Certified Morgan Silver Dollar 1898-O MS64PL NGC has been graded as Mint State 64 Prooflike (MS64PL) by the Numismatic Guaranty Corporation (NGC). The MS64PL grade indicates that the coin is in uncirculated condition with minor contact marks and abrasions that are relatively few and unobtrusive, coupled with reflective surfaces similar to those seen on proof coins. The coin retains its original mint luster, and the strike is sharp, which is particularly commendable for a coin from the New Orleans Mint. This grade reflects a balance between high quality and collectible value, making it an attractive option for discerning collectors who seek a superior example of this historic coin.

    The obverse of the coin, featuring Lady Liberty, displays sharp details in the hair and cap, with a vibrant luster that enhances the overall visual appeal. The fields are generally clean, with some scattered marks typical of the MS64 grade. The prooflike surfaces create a striking contrast between the frosted devices and the mirrored fields, making the details of the design stand out. The reverse, depicting the eagle, also retains strong details, with the feathers and other design elements well-defined. The "O" mint mark is prominently visible, underscoring the coin’s historical and collectible appeal. The combination of sharp details, lustrous surfaces, and the attractive prooflike finish makes this coin a standout example of the Morgan Dollar series.

    NGC certification ensures the coin's authenticity and provides a reliable assessment of its grade, offering collectors confidence in their acquisition. NGC is one of the leading third-party grading services, known for its stringent grading standards and trustworthy evaluations. The certification process ensures that the coin's characteristics are accurately documented, enhancing its market value and appeal to collectors.

    The historical context of the 1898-O Morgan Dollar adds to its allure. The Morgan Dollar series, named after its designer George T. Morgan, was introduced to replace the Seated Liberty Dollar and to capitalize on the abundant silver supply following the discovery of the Comstock Lode in Nevada. The series is renowned for its beautiful design and historical significance, capturing a transformative period in American economic history. The 1898-O Morgan Dollar, produced during a time of significant economic and industrial expansion in the United States, is a testament to this era of growth and prosperity.

    In summary, the Certified Morgan Silver Dollar 1898-O MS64PL NGC is a remarkable coin that combines historical significance, artistic beauty, and collectible value. Its moderate mintage, well-preserved condition, the unique qualities associated with the New Orleans Mint, and the attractive prooflike finish make it a prized addition to any serious collection. This coin not only represents a tangible connection to America’s economic and cultural history but also showcases the enduring allure of the Morgan Dollar series. For numismatists and history enthusiasts, the 1898-O Morgan Silver Dollar MS64PL NGC is a testament to the rich legacy of American coinage and a prized possession that reflects the intricate stories and artistry embedded in each piece.

  • Details:
    • Denomination: N/A
    • Year: 1898
    • Diameter: N/A
    • Mint Mark: N/A
    • Thickness: N/A
    • Grade: N/A

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