1883 O Morgan from The Great Southern Treasury Hoard

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I'm a sucker for Morgan dollars. I'm especially a sucker for Morgan dollars that have been hiding out in random stashes in government and bank warehouses, waiting to be discovered.

Back in 2020, NGC (Numismatic Guaranty Corporation) graded 13,000 Morgan dollars that had been found at the New Orleans Mint. Thirteen sealed bags were discovered, which is quite the find, considering many Morgan dollars were melted down. (Source)

Obverse This Morgan was graded MS63. This means it is in "Mint State," and with a maximum possible score of 70, this one graded at a 63. The label is signed by Edmund Moy, the 38th Director of the US Mint.

Reverse On the back, we have the holographic NGC label. Here's what the reverse looks like right side up.

This eagle design is one of my favorite. It's nothing super fancy, but it has a lot of great detail in it.

Specifications
Purity: 0.900
Weight: 0.858 Troy Ounce

I paid $98 for this coin, which seems to be about the going rate. These are a great piece of history at an affordable price. By comparison, the GSA Morgan I bought cost $350, since it was specifically produced by the US government with a special box and certificate. These are a much more affordable alternative and very fun to collect!


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You received an upvote of 90% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

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That Morgan is a beauty. I have seven Morgans that were passed down from my Father, most being well circulated and I am glad to have them but I wish I could remember where and why he bought them.

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It has this old distinguished aura around it.

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Keep up the good work. 👏🎵

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