1888-O Morgan Silver Dollar
The 1888-O Morgan Silver Dollar was released in small quantities over the years, most heavily between the 1940s and late 1950s. Between 1962 and 1963, the Philadelphia Mint released a ton of 1888-O Morgan Dollars from a sealed vault. It is unknown but believed that somewhere between 100,000 and millions was released from the Philadelphia Mint, with some collectors and investors examining many sealed bags amounting to tens of thousands of Mint State coins, and some challenging this amount and believing the coins were much less available.
History of the 1888-O Morgan Silver Dollar
The 1888-O Morgan Silver Dollar had a similar reputation that many other New Orleans coins had. It was believed that many of these coins were lower grades with a soft strike. The 1888-O Morgan Dollar is available in most grades, and cherrypicking is highly advised to ensure that you find a specimen that meets your needs, has a sharp strike and is attractive overall. The 1888-O Morgan Silver Dollar ranges from a weak to sharp strike, and with a luster that is typically average to dull. The 1888-O Morgan Silver Dollar mint mark has two common variations, with an oval slit-type of O and a round O.
1888-O Morgan Silver Dollar Value
The 1888-O Morgan Silver Dollar value ranges from under a hundred dollars to upwards of $20,000. This coin is plentiful, but is also a valuable coin in the Morgan Dollar series, as it is possible to find very attractive specimens that are sharply struck. The 1888-O Morgan Silver Dollar worth depends on what you are looking for in your coin collection. This coin represents a small piece of American history.
Type of coin: Silver Dollar
Year: 1888-O Morgan Silver Dollar
Morgan Silver Dollar Mint Mark: New Orleans
Total mintage: 12,150,000
Metal content: 90% Silver, 10% Copper
Face value: One dollar
Weight: 27.20 grams
Edge: Reeded
Designer: George T. Morgan
Diameter: 38.10 millimeters