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The Certified Morgan Silver Dollar 1898-O VAM-2 MS63 ANACS stands as a testament to the rich history and enduring legacy of one of America's most iconic coins. Minted in the late 19th century, this coin represents a bygone era of American coinage and serves as a tangible link to the nation's past.
The Morgan Silver Dollar, named after its designer, George T. Morgan, was first minted in 1878 following the passage of the Bland-Allison Act. It quickly became one of the most widely circulated coins in the United States, serving as a symbol of economic prosperity and national pride during the late 19th and early 20th centuries.
The obverse of the Morgan Silver Dollar features a striking portrayal of Lady Liberty, with her hair adorned with a Phrygian cap, symbolizing freedom and liberty. Surrounding her are the words "E PLURIBUS UNUM" and the date of issue, 1898 in the case of this particular coin. The reverse design showcases a majestic eagle with outstretched wings, clutching arrows and an olive branch, symbolizing America's strength and desire for peace.
The 1898-O Morgan Silver Dollar was minted at the New Orleans Mint, one of the primary minting facilities of the United States at the time. The "O" mint mark is located on the reverse of the coin, just above the eagle's talons, indicating its origin.
Despite being one of the more common dates in the Morgan Silver Dollar series, the 1898-O has a mintage of approximately 4.4 million coins. While this may seem like a large number, it is important to consider the attrition rate over the years due to circulation, melting, and other factors, which has resulted in far fewer examples surviving in high grades.
This particular Certified Morgan Silver Dollar has been graded MS63 by ANACS, one of the leading third-party grading services in the numismatic industry. This grade indicates that the coin is in uncirculated condition with minor imperfections, such as bag marks or abrasions, consistent with its age and handling.
The VAM-2 designation refers to a specific variety within the Morgan Silver Dollar series, as cataloged by Leroy Van Allen and A. George Mallis in their Comprehensive Catalog and Encyclopedia of Morgan and Peace Dollars. The VAM-2 variety is characterized by various diagnostic features, such as die clashes or doubled dies, which distinguish it from other varieties of the same date and mint mark.
As a certified example of the 1898-O VAM-2 Morgan Silver Dollar, this coin holds a special place in the hearts of collectors and enthusiasts. Its combination of historical significance, exquisite design, and numismatic rarity make it a prized addition to any collection, serving as a tangible reminder of America's rich numismatic heritage.