1885-O Morgan Dollar MS-66+ PCGS CAC (Beautiful Toning)

1885-O Morgan Dollar MS-66+ PCGS CAC (Beautiful Toning)

The Morgan Silver Dollar is the most popular Silver dollar collected in the world. This 1885-O Morgan Dollar has been certified as an MS-66+ by PCGS, one of the top two coin grading services, and has superb crescent toning!

Coin Highlights:

  • Contains .7734 oz of Silver.
  • PCGS encapsulation guarantees the coin’s MS-66+ CAC condition.
  • Obverse: Shows Liberty wearing a Phrygian cap with the word "Liberty" on her hair band, bordered by "E Pluribus Unum," the date of issue and thirteen small stars representing the original colonies.
  • Reverse: Features a bald eagle clutching an olive branch and a bundle of arrows, surrounded by "United States of America," "One Dollar," and "In God We Trust".
  • Features the New Orleans Mint’s “O” mintmark.

Beautifully showcase your certified Morgan Dollar by adding a presentation box to your order.

The Morgan Dollar was a part of everyday currency in America for almost 80 years. Add this certified 1885-O Morgan Dollar to your cart today!

The Coinage Act of 1873 demonetized silver, leading to the demise of the silver dollar. Although Trade dollars were produced from 1873-1878, they were meant for circulation overseas and were not legal tender in America. In response to the sour economic condition that persisted through much of the 1870's, and as a sop to Western suppliers of silver, Congress passed the Bland-Allison Act in 1878. The Act required the U.S. government to purchase large quantities of silver and turn it into silver dollars. Thus, the dollar denomination was restored once again in the form of the Morgan dollar. Named after its designer, George T. Morgan, the Morgan dollar is one of the most popular of all American coins. It's large size, abundant supply, and pleasing appearance make it both affordable and desirable.

Morgan Dollars were struck without interruption from 1878-1904, then again in 1921. U.S. Mints that produced Morgan Dollars include Philadelphia, New Orleans, San Francisco, Denver, and Carson City. Mintmarks for all mints except Philadelphia were placed on the reverse of the coins just beneath the ribbon bow of the wreath.

Key dates in this series include 1889-CC, 1893-S, and 1895 (Proof only). Other dates (such as 1895-O) are considered condition-rarities (common in low grade but extremely rare in high grade).

Silver Dollars were once the mainstay of Las Vegas casinos, where they were used in slot machines and other gaming devices. Once silver prices advanced beyond the face value of the coins, the casinos converted over to chips and tokens.
Some of the popularity of Silver Dollars can be attributed to three watershed events: 1) the sale of the Redfield hoard in the 1970s; 2) the GSA sales of the 1980's; and 3) the Continental-Illinois Bank Hoard of the 1980s. The Redfield hoard consisted of hundreds of bags of silver dollars, most Uncirculated and include a wide range of dates, most from the San Francisco Mint. The GSA sales consisted of millions of Carson City mint silver dollars discovered in Treasury vaults in the 1970s, apparently of coins that had never circulated. The Continental-Illinois Bank Hoard was even larger than the Redfield hoard and the overall quality exceeded that of both the Redfield and GSA hoards.

Popular collecting methods include high-grade date sets, complete sets from low to high grade, and by VAM varieties. VAM (the acronym for Van Allen-Mallis) refers to a set of Morgan Dollar varieties, some of which are insignificant and other important varieties that can be identified at arm's length.

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