1879 Morgan Silver Dollar O Mint Mark Value
The 1879 Morgan Silver Dollar O Mint Mark is a valuable coin that is sought after by many collectors today. It is considered one of the rarest coins in the Morgan Silver Dollar series, making it a valuable addition to any collection.
History of the 1879 Morgan Silver Dollar O Mint Mark
The Morgan Silver Dollar was first minted in 1878 and was produced until 1904. In 1921, the coin was again minted for a short period before it was replaced with the Peace Silver Dollar. The 1879 Morgan Silver Dollar O Mint Mark was produced at the New Orleans Mint and is considered a rare coin due to its low mintage numbers.
Design of the 1879 Morgan Silver Dollar O Mint Mark
The design of the 1879 Morgan Silver Dollar O Mint Mark features Lady Liberty on the obverse side. The reverse side features an eagle holding arrows and an olive branch. The coin has a diameter of 38.1mm and weighs 26.73 grams.
Value of the 1879 Morgan Silver Dollar O Mint Mark
The value of the 1879 Morgan Silver Dollar O Mint Mark varies depending on its condition and rarity. A coin in mint condition can fetch up to $10,000 or more at auction. Coins in lesser condition can still fetch a high price due to their rarity.
Factors That Affect the Value of the 1879 Morgan Silver Dollar O Mint Mark
Several factors affect the value of the 1879 Morgan Silver Dollar O Mint Mark. The most important factor is its condition. Coins in mint condition are worth more than coins in lesser condition. Rarity also affects the value of the coin. The 1879 Morgan Silver Dollar O Mint Mark is considered rare due to its low mintage numbers. Other factors that affect the value of the coin include its provenance and historical significance.
Where to Buy the 1879 Morgan Silver Dollar O Mint Mark
The 1879 Morgan Silver Dollar O Mint Mark can be purchased from reputable coin dealers and auction houses. It is important to purchase the coin from a reputable source to ensure its authenticity and value. Online marketplaces such as eBay and Amazon should be avoided as they may sell counterfeit coins.
Conclusion
The 1879 Morgan Silver Dollar O Mint Mark is a valuable coin that is sought after by many collectors. Its rarity and historical significance make it a valuable addition to any collection. When purchasing the coin, it is important to consider its condition, rarity, provenance, and historical significance to determine its value.