1881-O Morgan Dollar VG/VF
Numismatic
1881-O Morgan Dollar VG/VF
The 1881-O Morgan Silver Dollar represents a fascinating moment in American coining, emerging from the historic New Orleans Mint. This particular issue features the distinctive 'O' mint mark on the reverse, positioned just above the denomination, signifying its Southern origin. Out of a mintage of 5,708,000, each coin was struck with 0.7734 troy ounces of silver, possessing a purity of 0.900. Designed by George T. Morgan, the coin's obverse showcases a left-facing portrait of Liberty. She wears a Phrygian cap, adorned with a hair band that clearly displays the word 'LIBERTY'. The year 1881 is anchored at the bottom of the profile. On the reverse, a bald eagle is depicted with its wings spread, grasping an olive branch and a bundle of arrows to symbolize both peace and readiness. The motto 'In God we trust' is inscribed above the eagle, while the surrounding legends identify the nation as the 'UNITED STATES OF AMERICA' and state the face value as 'ONE DOLLAR'. This coin is preserved in a circulated condition ranging from Very Good to Very Fine.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | United States |
|---|---|
| Year | 1881 |
| Mint mark | O - New Orleans |
| Grade | Very Good/Very Fine |
| Legal-tender face value | 1 Dollar |
| Metal | Silver |
| Weight | 0.7734 troy oz |
| Purity | .900 |
| Diameter | 38.1 mm |
| Thickness | 3.1 mm |
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