History, Information, and Value of 1882 Morgan Dollar
Value of 1882-O/S Morgan Silver Dollar
In late 1881 at the Philadelphia Mint, when the 1882-O/S Morgan Silver Dollar obverse dies were being made, a number of reverse dies bearing San Francisco mintmarks were overpunched with the New Orleans mintmark. The reason for this was probably to convert some of the extra, unused S dies for New Orleans Mint use. The 1882-O/S is a worthy addition to a collection, and a reasonable goal is obtaining one in MS-63 or MS-64 examples in higher grade are virtually impossible to find. Overall, striking varies from sharp to weak. There is graininess on many coins due to tiny raised dots from light rust pits in the dies. No proofs were minted due to the fact that this was a branch mint.
These 1882-O/S $1 Silver Coins Are Hard to Find: This scarce variety is found in circulated grades but not with any regularity. We typically see VF to EF when seen at all.
1882-O/S Mint State $1 Coins Can Be Worth A Lot of Money: Stick to a pleasing MS-63 or 64 coin when available, as anything beyond those grades is rare and pricey. Look for a piece with sharp central details.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1882.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; O; S.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.
The Morgan Dollar series is very popular among collectors. If you have a Morgan (Liberty) Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to help you. We run rare coin auctions and will find your treasured coin a home where it will be valued. Additionally, if you keep asking yourself: “What is my coin worth” then we invite you to use our online coin price guide. Contact us today to sell your coin!