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The Certified Morgan Silver Dollar 1879-O AU55 NGC is a significant piece of American numismatic history, showcasing the exceptional craftsmanship and rich heritage of the United States Mint during the late 19th century. Struck at the New Orleans Mint, this coin is part of the iconic Morgan Dollar series, which was minted from 1878 to 1904 and then briefly again in 1921. The 1879-O Morgan Dollar holds particular significance due to its historical context, relatively low mintage, and the unique characteristics associated with the New Orleans Mint, making it a highly desirable piece among collectors.
Designed by George T. Morgan, an English engraver who later became the Chief Engraver of the United States Mint, the Morgan Silver Dollar features detailed and symbolic imagery. The obverse of the coin displays a left-facing profile of Lady Liberty, modeled after Anna Willess Williams, a Philadelphia schoolteacher whose classical profile Morgan believed epitomized American ideals. Liberty is depicted wearing a Phrygian cap inscribed with "LIBERTY" and adorned with cotton and wheat, symbolizing America’s agricultural wealth. The reverse showcases a heraldic eagle with outstretched wings, clutching an olive branch and arrows, signifying the nation's readiness for peace and defense. These intricate design elements highlight Morgan’s artistic talent and the high standards of the U.S. Mint during that era.
The New Orleans Mint, identified by the "O" mint mark beneath the wreath on the reverse side, played a significant role in producing coinage for the United States, particularly in the post-Civil War era. In 1879, the New Orleans Mint produced approximately 2.9 million Morgan Silver Dollars. Despite this relatively low mintage, coins from the New Orleans Mint are particularly sought after by collectors due to the variable strike quality often associated with this facility. The 1879-O Morgan Dollar is especially noteworthy because it was one of the earliest years of production at the New Orleans Mint following its reopening in 1879 after being closed during the Civil War and Reconstruction.
The Certified Morgan Silver Dollar 1879-O AU55 NGC has been graded as About Uncirculated 55 (AU55) by the Numismatic Guaranty Corporation (NGC). The AU55 grade indicates that the coin exhibits light wear on the highest points of the design but retains much of its original detail and luster. This grade is just below uncirculated, making it an attractive option for collectors who seek a high-quality example of this historic coin without the premium price associated with mint state grades.
The obverse of the coin, featuring Lady Liberty, displays strong details in the hair and cap, with light wear visible on the highest points, such as the cheek and hair above the ear. The fields are generally clean, with some minor abrasions typical of the AU55 grade. The reverse, depicting the eagle, also retains significant detail, with light wear on the feathers and other high points. The "O" mint mark is prominently visible, underscoring the coin’s historical and collectible appeal. The combination of well-preserved details, light wear, and remaining luster makes this coin a standout example of the Morgan Dollar series.
NGC certification ensures the coin's authenticity and provides a reliable assessment of its grade, offering collectors confidence in their acquisition. NGC is one of the leading third-party grading services, known for its stringent grading standards and trustworthy evaluations. The certification process ensures that the coin's characteristics are accurately documented, enhancing its market value and appeal to collectors.
The historical context of the 1879-O Morgan Dollar adds to its allure. The Morgan Dollar series, named after its designer George T. Morgan, was introduced to replace the Seated Liberty Dollar and to capitalize on the abundant silver supply following the discovery of the Comstock Lode in Nevada. The series is renowned for its beautiful design and historical significance, capturing a transformative period in American economic history. The 1879-O Morgan Dollar, produced during a time of significant economic and industrial expansion in the United States, is a testament to this era of growth and prosperity.
In summary, the Certified Morgan Silver Dollar 1879-O AU55 NGC is a remarkable coin that combines historical significance, artistic beauty, and collectible value. Its relatively low mintage, well-preserved condition, and the unique qualities associated with the New Orleans Mint make it a prized addition to any serious collection. This coin not only represents a tangible connection to America’s economic and cultural history but also showcases the enduring allure of the Morgan Dollar series. For numismatists and history enthusiasts, the 1879-O Morgan Silver Dollar AU55 NGC is a testament to the rich legacy of American coinage and a prized possession that reflects the intricate stories and artistry embedded in each piece.