The 1904-O Morgan Silver Dollar in MS63 condition is an exceptional coin with a rich historical narrative, a touch of rarity, and strong collectible appeal. Here’s why you’ll want to add this coin to your collection:
Historical Significance:
The 1904-O Morgan Dollar was one of the last Morgan dollars struck before the series was halted in 1904, making it part of a historic closing chapter in American coinage. The New Orleans Mint, where this coin was produced, ceased its production of Morgan Dollars after 1904, as the need for silver dollars decreased and silver reserves dwindled. This makes the 1904-O a coin from the final chapter of New Orleans Mint operations for Morgans. The mint itself, which had been operational since the early 1800s, symbolized the post-Civil War recovery and the growing economic significance of the South.
After the 1904 halt, the Morgan Dollar would not be minted again until 1921, marking the 1904-O as part of a significant historical transition in U.S. coinage.
Rarity:
While the 1904-O had a relatively high mintage of 3.7 million, its rarity lies in the fact that many of these coins were placed in storage for decades and were only released in the 1960s. This has made uncirculated examples available but scarce in higher grades like MS63. Coins from the New Orleans Mint are known for softer strikes, so finding a well-struck 1904-O in MS63 adds a layer of desirability.
The 1904-O Morgan Dollar in **MS63 condition** boasts attractive luster, minor contact marks, and strong eye appeal, making it a standout among collectors.
Estimated Market Value:
The 1904-O Morgan Dollar in MS63 condition is typically valued between $200 and $275, depending on the quality of strike, eye appeal, and demand. Its place as one of the final Morgans minted before production ceased adds a historical premium to its market value.
Investment Potential:
The 1904-O Morgan Dollar offers both historical value and a solid investment opportunity. As the last New Orleans Mint Morgan struck before its production halt, it holds a unique place in the series. Collectors seek these final-year issues for their historical significance and potential future appreciation. Additionally, silver dollars tend to hold their value well, particularly in MS63 condition, due to their aesthetic appeal and the high demand for Morgan Dollars.
Adding a 1904-O Morgan Dollar in MS63 to your collection means owning a piece of American history that will continue to hold—and likely increase—its value over time. With its historical importance and collectible appeal, this is a coin you won’t want to miss out on.
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Shipping / Handling Cost | Cost For Each Additional Item | Service |
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$10.60 | $0.00 | USPS Priority Mail Padded Rate Envelope (2 to 3 business days) |