1896-O Morgan Silver Dollar
The 1896-O Morgan Silver Dollar was struck at the New Orleans Mint with a total of 4.9 million in total production. This coin is a popular one among collectors and is rare and more difficult to find in higher grades, while being relatively easy and inexpensive in worn grades. It is believed that many of these went into circulation pretty quickly after striking, and the rest were sent off to storage at the Treasury in Washington D.C. and the Philadelphia Mint.
History of the 1896-O Morgan Silver Dollar
The 1896-O Morgan Silver Dollar wasn’t always the most sought after coin, especially because New Orleans is not known for its quality craftsmanship. The strike was typically poor with an average to poor luster. The 1896-O Morgan Dollar is pretty common in circulated grades and then it starts to become extremely rare in the highest grades. It’s possible to find an attractive 1896-O Morgan Silver Dollar, and just requires some attention and patience when searching.
1896-O Morgan Silver Dollar Value
The 1896-O Morgan Silver Dollar value ranges from the hundreds to over $300,000. The Morgan Silver Dollar prices have a wide range depending on the grade and quality of the coin in question. Finding an attractive New Orleans Mint Silver Dollar might take some effort, but is well worth the addition to any Morgan Dollar series collection.
Type of coin: Silver Dollar
Year: 1896-O Morgan Silver Dollar
Morgan Silver Dollar Mint Mark: New Orleans
Total mintage: 4,900,000
Metal content: 90% Silver, 10% Copper
Face value: One dollar
Weight: 27.20 grams
Edge: Reeded
Designer: George T. Morgan
Diameter: 38.10 millimeters