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The Certified Morgan Silver Dollar 1898-O MS65PL PCGS is an exceptional piece of American numismatic history, reflecting the rich heritage and exquisite craftsmanship of the United States Mint at the end of the 19th century. Struck at the New Orleans Mint, this coin is part of the esteemed Morgan Dollar series, which was minted from 1878 to 1904 and once again in 1921. The 1898-O Morgan Dollar is particularly notable for its historical context, relatively high mintage, and the Prooflike (PL) designation, making it a highly sought-after piece among collectors.
George T. Morgan, an English engraver who later became the Chief Engraver of the United States Mint, designed the Morgan Silver Dollar. The obverse of the coin features 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 prosperity. 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 1898, the New Orleans Mint produced approximately 4.4 million Morgan Silver Dollars. Despite this relatively high mintage, coins from the New Orleans Mint are particularly sought after by collectors due to the variable strike quality often associated with this facility. Finding well-preserved examples with the Prooflike designation can be challenging, adding to the coin's desirability and value.
The Certified Morgan Silver Dollar 1898-O MS65PL PCGS has been graded as Mint State 65 (MS65) by the Professional Coin Grading Service (PCGS). The MS65 grade indicates that the coin is in gem uncirculated condition, with only minor contact marks and abrasions that are relatively few and unobtrusive. The coin retains much of its original mint luster, and the strike is sharp, which is particularly commendable for a coin from the New Orleans Mint. Additionally, the Prooflike (PL) designation means that the coin exhibits reflective surfaces similar to those seen on proof coins, enhancing its visual appeal and adding to its rarity and value among collectors.
The obverse of the coin, featuring Lady Liberty, showcases sharp details in the hair and cap, with reflective fields that provide a striking contrast to the frosted devices. The fields are generally clean, with some scattered marks typical of the MS65 grade. The reverse, depicting the eagle, also retains strong details, with the feathers and other design elements well-defined and highlighted by the reflective surfaces. The "O" mint mark is prominently visible, underscoring the coin’s historical and collectible appeal. The combination of sharp details, lustrous surfaces, and the Prooflike designation makes this coin a standout example of the Morgan Dollar series.
PCGS certification ensures the coin's authenticity and provides a reliable assessment of its grade, offering collectors confidence in their acquisition. PCGS 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.
In summary, the Certified Morgan Silver Dollar 1898-O MS65PL PCGS is a remarkable coin that combines historical significance, artistic beauty, and exceptional condition. Its relatively high mintage, superior 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 1898-O Morgan Silver Dollar MS65PL PCGS 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.