Numismatic

1892-O Morgan Dollar VG/VF

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The 1892-O Morgan Dollar represents a fascinating era of American currency, serving as a circulating medium of exchange during a period when silver dollars were used for about 80 years. This particular coin, struck at the historic New Orleans Mint, carries the distinctive 'O' mint mark on its reverse. With a total mintage of 2,744,000 pieces, each coin contains 0.7734 troy ounces of silver, minted with a purity of 0.900. The obverse of the coin showcases a profile of Liberty adorned with a Phrygian cap, which features a hair band displaying the word 'LIBERTY'. Encircling this central portrait are the traditional thirteen stars, the year 1892, and the Latin motto 'E Pluribus Unum'. On the reverse, a bald eagle is depicted clutching an olive branch and arrows, symbolizing both peace and readiness. The reverse design is framed by the inscriptions 'United States of America', 'One Dollar', and the national motto 'In God We Trust'. This coin survives in a graded state of Very Good to Very Fine, offering a tangible look at late nineteenth-century American coinage.