History, Information, and Value of 1885 Morgan Dollar
Value of 1885-O Morgan Silver Dollar
The New Orleans Mint produced silver dollars exclusively this year. Large quantities of the 1885-O Morgan Silver Dollars were either stored at the mint or shipped to the Treasury Building in Washington, D.C., or in 1929 to the Philadelphia Mint for long-term storage. Large quantities were released from the Washington vault beginning in the 1930s. In October 1962 through 1964 millions more coins were released from the Philadelphia Mint, along with the 1883-O and 1884-O dollars. Quality varies, with the strike ranging from flat at the centers to fairly sharp. Luster ranges from frosty to grainy or dull. No proofs were produced here.
Common Enough Date to Own Higher Grades: Though available in such grades as EF and AU, most collectors opt for a Mint State piece of this common $1 silver coin date.
All Grades are Available for Purchase in This Common Grade: Name your grade and an 1885-O Morgan dollar is available, even into the ultra-gem grades of MS-66 and 67. The coin’s worth will be determined by owning a nicely struck coin over a flatly struck specimen; both abound for the date.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1885.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; O.” 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.
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