-
Inventory:
3 In Stock
- Product ID: 4332
Being a lower mintage coin, the 1894-O has a mintage of 1,723,000 coins. This is still considered a lower mintage for the New Orleans Mint, since they produced much more than that in other years. This Morgan was also minted during a crisis, wherein it was illegal to buy new silver to make the Morgans due to the overwhelming stash of coins just sitting in the Treasury. This shortage caused lower minted Morgans from 1893-1895. The 1894-O was also poorly made, making the act of finding one in mint state a real challenge. The best condition that can be found for this year is either AU or Extra Fine since most of these were put into circulation. Your 1894-O Morgan bears the "O" mint-mark on the reverse, showing it was struck in the New Orleans Mint. A Morgan in very fine condition contains wear on the total surface of the coin and the coin's overall mint luster is also lacking on very fine coins.