CVC & Collectables presents the 1903-O Morgan Silver Dollar, struck at the historic New Orleans Mint and graded MS62 by NGC. This late-series Morgan Dollar is notable for its attractive luster and a well-preserved strike typical of the New Orleans issues during the early 20th century. While once considered extremely rare in circulation due to low public availability, the 1903-O became more widely seen after U.S. Treasury vaults released bags of uncirculated coins in the 1960s.
Coin Highlights:
- Issuer: United States of America
- Date: 1903
- Mint: New Orleans (“O” mintmark)
- Reference: KM# 110
- Composition: Silver (.900 fine), Copper (.100)
- Weight: 26.73 grams
- Diameter: 38.1 mm
- Thickness: 2.40 mm
- Grade: NGC MS62
- Obverse Design: Liberty facing left, wearing a Phrygian cap adorned with wheat and cotton
- Legend: “E PLURIBUS UNUM” – “Out of many, one”
- Designer: George T. Morgan
- Reverse Design: Bald eagle clutching arrows and olive branch, surrounded by a wreath
- Legend: “UNITED STATES OF AMERICA – IN GOD WE TRUST – ONE DOLLAR”
- Edge: Reeded
- Orientation: Coin alignment ↑↓
Collectibility:
- A key rarity, the 1903-O has maintained demand thanks to its historical background
- Scarcer than other O-mint Morgans in mid-to-high Mint State grades
- Attractive cartwheel luster and full details at MS62
- Collectible for both Morgan Dollar specialists and New Orleans Mint enthusiasts
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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.
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