1894-O Morgan Silver Dollar
The 1894-O Morgan Silver Dollar was struck at the New Orleans Mint. Although roughly 1.7 million of these coins were struck, they weren’t plentiful during any of the major releases from the Philadelphia Mint or the Treasury Department during the middle of the 1900s. The 1894-O Morgan Dollar is rare in Mint State, and has had ups and downs with interest throughout the decades.
History of the 1894-O Morgan Silver Dollar
The 1894-O Morgan Silver Dollar isn’t known for being one of the most beautiful of the Morgan Dollars. As was sometimes common at the New Orleans Mint, the 1894-O Morgan Dollar typically had a flat strike at the center, and wasn’t very attractive overall. Despite this lack of aesthetics, the 1894-O can bring in some higher prices for those elusive rare higher grades in Mint State. It is likely that cherrypicking might not produce a sharply struck coin, so with the 1894-O Morgan Silver Dollar it is worth settling for a coin that has an average strike and an appealing luster overall.
1894-O Morgan Silver Dollar Value
The 1894-O Morgan Silver Dollar value ranges from the hundreds to upwards of close to $80,000. This coin is notorious for having a weak strike, but is still a popular one among Morgan Silver Dollar collectors. Many of the 1894-O Morgan Dollars were likely melted down at various points during the century, but the few Mint State coins that remain can produce high prices and happy collectors.
Type of coin: Silver Dollar
Year: 1894-O Morgan Silver Dollar
Morgan Silver Dollar Mint Mark: New Orleans
Total mintage: 1,723,000
Metal content: 90% Silver, 10% Copper
Face value: One dollar
Weight: 27.20 grams
Edge: Reeded
Designer: George T. Morgan
Diameter: 38.10 millimeters