Numismatic

1904-O Morgan Dollar MS-65 PCGS

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Struck in the final year of the initial Morgan series run, this 1904 silver dollar represents a historic moment in United States coinage. Produced at the New Orleans Mint, as indicated by the 'O' mint mark, it belongs to a mintage of 3,720,000 pieces. This particular specimen has survived in remarkable condition, certified at a high-quality Mint State 65 (MS-65) grade, which highlights the original details of the engraving. The obverse features George T. Morgan's left-facing portrait of Lady Liberty. She wears a Phrygian cap decorated with a wreath of wheat and cotton, symbolizing American agriculture. The word 'LIBERTY' is visible on her band, surrounded by thirteen stars, the date 1904, and the motto 'E PLURIBUS UNUM'. On the reverse, an eagle with outstretched wings holds an olive branch and arrows of war, partially enclosed by a laurel wreath. The inscriptions 'UNITED STATES OF AMERICA' and 'ONE DOLLAR' frame the central design. Composed of 90% silver and 10% copper, the coin contains 0.7734 troy ounces of pure silver. It measures 38.1 mm in diameter and has a thickness of 3.1 mm, giving it the substantial weight and presence characteristic of late nineteenth and early twentieth-century American silver coinage.