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The Certified Morgan Silver Dollar 1898-S AU58 NGC is a fascinating piece of American numismatic history, offering a glimpse into the rich heritage and exquisite craftsmanship of the United States Mint at the end of the 19th century. Struck at the San Francisco Mint, this coin is part of the illustrious Morgan Dollar series, which was minted from 1878 to 1904 and once again in 1921. The 1898-S Morgan Dollar holds particular significance due to its relatively low mintage, its historical context, and its exceptional condition, making it a highly sought-after piece among 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 intricate and symbolic imagery. 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 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 detailed design elements highlight Morgan’s artistic talent and the high standards of the U.S. Mint during that era.
The San Francisco Mint, identified by the "S" mint mark beneath the wreath on the reverse side, played a crucial role in producing coinage for the United States, particularly in the post-Civil War era. In 1898, the San Francisco Mint produced approximately 4.1 million Morgan Silver Dollars. Despite this relatively modest mintage, coins from the San Francisco Mint are particularly sought after by collectors due to the superior strike quality often associated with this facility. Finding well-preserved examples with high grades like AU58 can be challenging, adding to the coin's desirability and value.
The Certified Morgan Silver Dollar 1898-S AU58 NGC has been graded as About Uncirculated 58 (AU58) by the Numismatic Guaranty Corporation (NGC). The AU58 grade indicates that the coin exhibits very slight wear on the highest points of the design but retains the appearance of an uncirculated coin. The coin retains much of its original mint luster, and the strike is notably sharp, which is particularly commendable for a coin from the San Francisco Mint. This grade reflects a balance between the allure of a nearly uncirculated coin and the affordability of a slightly lower grade, making it an attractive option for collectors.
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 some minor wear on the highest points, typical of the AU58 grade. The reverse, depicting the eagle, also retains strong details, with the feathers and other design elements well-defined. The "S" mint mark is prominently visible, underscoring the coin’s historical and collectible appeal. The combination of sharp details, lustrous surfaces, and minimal wear makes this coin a standout example of the Morgan Dollar series.
NGC certification ensures the coin's authenticity and provides a reliable assessment of its grade, offering collectors confidence in their acquisition. NGC 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-S AU58 NGC is a remarkable coin that combines historical significance, artistic beauty, and exceptional condition. Its relatively low mintage, superior preservation, and the unique qualities associated with the San Francisco 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-S Morgan Silver Dollar AU58 NGC 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.