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The Certified Morgan Silver Dollar 1885-O MS62PL NGC represents a significant piece of American numismatic history. Minted in 1885 at the New Orleans Mint, this coin is part of the iconic Morgan Dollar series, named after its designer, George T. Morgan. The Morgan Dollar is celebrated for its captivating design and role in the economic and cultural landscape of the late 19th century United States.
George T. Morgan's design for the Morgan Dollar features a bold and iconic depiction of Liberty on the obverse. Liberty faces left, wearing a Phrygian cap, symbolizing freedom and liberty. Thirteen stars, representing the original colonies, adorn the periphery of the coin's obverse, with the date of issue, "1885," positioned below Liberty's portrait. The word "LIBERTY" is inscribed prominently above her head.
The reverse of the coin showcases a majestic American eagle with outstretched wings, clutching an olive branch and bundle of arrows, symbolizing peace and preparedness. The eagle is encircled by a wreath of laurel leaves, with the motto "IN GOD WE TRUST" inscribed above. The words "UNITED STATES OF AMERICA" and "ONE DOLLAR" complete the design.
The New Orleans Mint, denoted by the "O" mintmark, was one of the principal mints responsible for striking Morgan Dollars during its operational years. Established in 1838, the New Orleans Mint played a vital role in minting coins to meet the demands of commerce in the southern United States.
The mintage figure for the 1885-O Morgan Dollar was substantial, reflecting the high demand for silver coinage during the late 19th century. However, obtaining this coin in the certified MS62PL grade is noteworthy due to its proof-like surfaces and relatively high grade.
The "MS" designation indicates that the coin is in Mint State, meaning it has never been circulated and retains its original luster. The "62" grade represents the coin's condition on the Sheldon numerical grading scale, which ranges from 1 to 70. A grade of MS62 signifies a coin with minor imperfections visible to the naked eye but with overall attractive eye appeal.
The "PL" designation stands for Proof-Like, indicating that the coin exhibits reflective surfaces similar to those seen on proof coins. This feature enhances the coin's visual appeal and rarity, making it desirable among collectors.
This specific coin, certified by NGC (Numismatic Guaranty Corporation) as MS62PL, offers collectors an opportunity to own a piece of American history with exceptional eye appeal. Its combination of minting at the New Orleans Mint, high-grade certification, and proof-like surfaces make it a sought-after addition to any numismatic collection.
In summary, the Certified Morgan Silver Dollar 1885-O MS62PL NGC is a testament to the craftsmanship of the New Orleans Mint and the enduring legacy of the Morgan Dollar series. Its captivating design, historical significance, and high-grade certification make it a prized collectible for numismatists and enthusiasts alike.