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The Certified Morgan Silver Dollar 1897-O AU58 ANACS is a distinguished example of one of America’s most iconic coins, offering a glimpse into the rich history and artistry of the late 19th century. Struck at the New Orleans Mint, this coin is part of the celebrated Morgan Dollar series, which was minted from 1878 to 1904 and again in 1921. The 1897-O Morgan Dollar is particularly significant due to its relatively low mintage and the unique challenges associated with finding high-grade examples, making it a prized piece for 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 an intricate and symbolic design. 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 the American spirit. 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 detailed design elements highlight Morgan’s artistic skill and the high standards of the U.S. Mint during that era.
The New Orleans Mint, denoted by the "O" mint mark beneath the wreath on the reverse side, played a crucial role in producing coinage for the United States. In 1897, the New Orleans Mint produced approximately 4 million Morgan Silver Dollars. Despite this relatively high mintage, coins from the New Orleans Mint, especially those in higher grades, are particularly sought after due to the variable strike quality often associated with this mint. The challenges of achieving well-struck coins make examples like the AU58 grade especially desirable among collectors.
The Certified Morgan Silver Dollar 1897-O AU58 ANACS has been graded as About Uncirculated 58 (AU58) by the American Numismatic Association Certification Service (ANACS). The AU58 grade indicates that the coin is just shy of being in mint state, with only slight wear on the highest points of the design. This grade represents a coin that has been very lightly circulated, retaining much of its original luster and sharp detail. The AU58 grade is one of the highest in the About Uncirculated category, making it a highly appealing choice for collectors who value near-mint condition coins without the premium price of a mint state example.
The obverse of the coin, featuring Lady Liberty, showcases sharp details in the hair and cap, with a vibrant luster that enhances the overall visual appeal. The fields are generally clean, with only minimal signs of wear that are typical for the AU58 grade. The reverse, depicting the eagle, also retains strong details, with the feathers and other design elements well-defined. The "O" mint mark is prominently visible, underscoring the coin’s historical and collectible appeal. The combination of sharp details and lustrous surfaces makes this coin a standout example of the series.
ANACS certification ensures the coin's authenticity and provides a reliable assessment of its grade, offering collectors confidence in their acquisition. ANACS, established in 1972, is one of the oldest and most respected third-party grading services, known for its rigorous grading standards and reliable evaluations. The certification process ensures that the coin's characteristics are accurately documented, enhancing its market value and appeal to collectors.
In summary, the Certified Morgan Silver Dollar 1897-O AU58 ANACS is a remarkable coin that combines historical significance, artistic beauty, and collectible value. Its relatively low mintage, exceptional preservation, 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 1897-O Morgan Silver Dollar AU58 ANACS 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.