1898-O $1 Morgan Dollar PCGS MS64

$94.99

The 1898‑O Morgan Dollar is a key issue within the Morgan Dollar series (1878–1921), struck at the New Orleans Mint (indicated by the “O” mint mark). This coin has been graded MS64 by the Professional Coin Grading Service (PCGS), meaning it is in Mint State with only minor imperfections visible under close inspection.

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Specifications

  • Year: 1898
  • Mint: New Orleans (“O”)
  • Denomination: $1
  • Weight: 26.73 grams
  • Diameter: 38.1 mm
  • Composition: 90% silver, 10% copper
  • Silver Content: ~0.77344 troy oz

Design Details

  • Obverse:
    • Designed by George T. Morgan, the obverse depicts Lady Liberty wearing a Phrygian cap, with the inscription “Liberty” on her hairband, “E Pluribus Unum,” and the date “1898.”
  • Reverse:
    • The reverse features a heraldic eagle clutching an olive branch and arrows, along with the inscriptions “United States of America,” “One Dollar,” and “In God We Trust.”

Grading & Market Context

  • Grading (MS64):
    • An MS64 grade indicates a well-preserved Mint State coin with only minor surface blemishes. While not at the highest gem quality, this grade is common for the 1898‑O and still desirable among collectors.
  • Mintage & Population:
    • The 1898‑O had a mintage of approximately 4,440,000 coins. Although many examples exist, well-preserved specimens in higher Mint State grades are harder to find.

VF-20 Very Fine- Two thirds of hair lines from top of forehead to ear visible. Ear well defined. Feathers on eagle’s breast worn.

EF-40 Extremely Fine- All hair lines strong and ear bold. Eagle’s feathers all plain but with slight wear on breast and wing tips.

AU-50- About Uncirculated- Slight trace of wear on the bust shoulder and hair left of forehead, and on eagle’s breast and top edges of wings.

MS-60 Uncirculated- No trace of wear; full mint luster present, but may noticeably marred by scuff marks or bag abrasions.

MS-63 Choice Uncirculated- No trace of wear; full mint luster; few noticeable surface marks.

MS-64 Uncirculated- A few scattered contact marks/ Good eye appeal and attractive luster.

MS-65 Gem Uncirculated- Only light, scattered contact marks that are not distracting. Strong luster, good eye appeal.

PF-63 Choice Proof- Reflective surfaces with few blemishes in secondary focal places. No major flaws.

Denominations

Morgan Dollar

Mint

O-New Orleans

Year

1898

Condition

Mint State – 64

Grade

PCGS

Metal Type Silver
Metal Weight 0.7734 oz
Metal Purity s.900
Year 1898
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