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The Certified Morgan Silver Dollar 1896-O MS61 NGC is a significant piece of American numismatic history, originating from a time when silver was a vital part of the U.S. economy. The Morgan Dollar series was designed by George T. Morgan, an English engraver who worked for the United States Mint. First minted in 1878, the series quickly gained popularity and became an iconic representation of American coinage. The 1896-O issue is particularly notable as it was struck in New Orleans, a mint known for producing coins with unique characteristics compared to its counterparts.
The design of the Morgan Silver Dollar features a profile of Lady Liberty on the obverse, showcasing her with a Phrygian cap adorned with cotton and wheat, symbols of prosperity and agricultural strength. Surrounding her are the words “E PLURIBUS UNUM” and the date of minting. On the reverse, the coin displays a majestic eagle with outstretched wings, perched on a shield and grasping arrows and an olive branch, symbolizing strength and peace. The inscription “UNITED STATES OF AMERICA” arcs above, while the denomination “ONE DOLLAR” is prominently featured below the eagle. This design captures the spirit of the nation during a period of growth and transformation.
The 1896-O Morgan Silver Dollar was minted in New Orleans, where production continued until the mint was closed in 1909. The New Orleans Mint was known for producing coins with varying quality and details, and the 1896-O issue reflects this with its unique characteristics. The mintage for the 1896-O Morgan Dollar was approximately 4.4 million coins, making it a moderately available date in the series. However, as with many coins, the condition significantly affects its value; thus, the MS61 grade indicates that this coin has been preserved in a state that is above average for its type, with some noticeable marks but still appealing for collectors.
Certified by NGC (Numismatic Guaranty Corporation), this Morgan Silver Dollar has been evaluated for its authenticity and graded to ensure it meets the standards of collectors. The MS61 designation indicates that it has some signs of wear, but overall, it retains much of its original luster. The combination of the coin's age, historical significance, and beautiful design makes the 1896-O Morgan Silver Dollar a prized possession for both serious collectors and those looking to own a piece of American history.
As a part of the broader Morgan Dollar series, the 1896-O holds a special place in numismatic collections, especially for those focusing on the coins of the New Orleans Mint. The Morgan Dollar series continues to be one of the most collected coins in the United States, and the 1896-O variation exemplifies the craftsmanship and historical significance that enthusiasts appreciate. The allure of this coin lies not just in its silver content, but also in the story it tells of a burgeoning nation and its aspirations during the late 19th century.