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The Morgan Silver Dollar Very Fine Condition 1888-O Hot Lips is a numismatic treasure that takes collectors and enthusiasts on an intriguing journey through American coinage history. Minted in 1888 at the New Orleans Mint, this coin is a window into the late 19th century, marked by economic growth and westward expansion. Graded in Very Fine (VF) condition, it provides a unique glimpse into its history, intricate design, limited mintage, and its state after decades in circulation.
The history of the Morgan Silver Dollar 1888-O Hot Lips variety brings us to the historic New Orleans Mint, an institution that played a crucial role in producing coinage for the United States. The late 19th century was an era marked by rapid industrialization and economic prosperity in the United States, leading to a high demand for coinage to facilitate commerce and trade. The Morgan Silver Dollar, designed by George T. Morgan, was a key component of meeting this demand. The 1888-O issue stands as a testament to the craftsmanship of the New Orleans Mint during this era.
The design of the Morgan Silver Dollar is an enduring symbol of American coin artistry. The obverse features Lady Liberty in left-facing profile, her crown adorned with a wreath of wheat and cotton, symbolizing the nation's agricultural abundance. Surrounding her are the inscriptions "E PLURIBUS UNUM" and "LIBERTY," with the year of issue, "1888," displayed prominently at the bottom. On the reverse, a majestic bald eagle with outstretched wings clutches arrows and an olive branch, symbolizing America's readiness for both war and peace. The words "UNITED STATES OF AMERICA," "IN GOD WE TRUST," and the denomination "ONE DOLLAR" complete the design.
The Very Fine (VF) condition assigned to this coin signifies that it exhibits wear consistent with its age and time spent in circulation. In Very Fine condition, the coin's details are well-preserved, and the design elements remain sharp and clear. Coins in this condition offer a tangible connection to history, as they have passed through the hands of many individuals and have witnessed a bygone era while retaining much of their original detail.
The mintage of the 1888-O Hot Lips variety was relatively limited compared to some other Morgan Silver Dollars, contributing to its desirability among collectors. The name "Hot Lips" is derived from a prominent die gouge that appears on the obverse of some of these coins, resembling lips. Not sure where the term "hot" came from, though. A total of 12,000,000 Morgan Silver Dollars were produced at the New Orleans Mint in 1888, but only a fraction of those exhibit the distinctive "Hot Lips" feature, making these coins sought-after varieties among collectors.
The Morgan Silver Dollar Very Fine Condition 1888-O Hot Lips is more than just a coin; it's a tangible link to the late 19th century, an era of economic growth and westward expansion in the United States. Its intricate design, limited mintage, and VF condition make it a prized addition to any coin collection. Whether you're a seasoned collector seeking unique varieties or a history enthusiast captivated by the Gilded Age, this coin offers a tangible connection to an era when Morgan Silver Dollars played a pivotal role in shaping America's economic landscape.