Description from HiBid
1885-O AU55 Silver Morgan Dollar $678
This 1885-O Morgan Silver Dollar is a distinguished example from the New Orleans Mint, featuring the iconic "O" mint mark prominently displayed on the reverse. Graded AU55 (About Uncirculated), the coin retains a significant amount of its original mint luster with only light friction visible on the highest points of the design. The reverse showcases the majestic bald eagle with outstretched wings clutching arrows and an olive branch, surrounded by a laurel wreath and the "United States of America" inscription. Struck during a period of massive production due to the Bland-Allison Act, the 1885-O is highly sought after by collectors for its historical connection to the post-Civil War American South. This specific specimen is housed in a protective professional holder, ensuring its preservation and verifying its grade, making it a reliable addition for numismatists looking for high-eye-appeal silver assets from the late 19th century.
Condition: This 1885-O Morgan Silver Dollar is graded AU55 (About Uncirculated), indicating it retains most of its original mint luster with only slight wear visible on the highest points of the design, such as the eagle's breast and wing tips. The mint is the New Orleans Mint, identified by the O mint mark located on the reverse above the DO in DOLLAR. The metal content consists of 90% silver and 10% copper, containing a total of 0.7734 troy ounces of pure silver. In a historical context, the 1885-O was part of the massive silver coinage production mandated by the Bland-Allison Act, which aimed to support the silver mining industry in the American West. The collector value for an AU55 specimen typically ranges between $45 and $60, making the $678 price point significantly higher than current market trends for this specific grade and date. The strike type is a standard business strike; New Orleans strikes from this era are often noted for being somewhat soft or flat in the center details. The grading is confirmed by the holder as AU55, a high-end circulated grade that sits just below uncirculated Mint State levels.
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1885-O Morgan Dollar, AU55 Silver Dollar, Rare US Coins, Numismatic Collectibles, Morgan Silver Dollar, New Orleans Mint Coin, Graded Silver Dollar, Antique US Currency, Heritage Auctions Coin, United States Silver Dollar
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