1882 O Over S Morgan Silver Dollar Value
While the Morgan Silver Dollar was minted from 1878 to 1904, and then again in 1921, the 1882 O over S Morgan Silver Dollar stands out as a rare and valuable coin. This coin was struck at the New Orleans mint, and over the top of an S mint mark, which indicates that it was originally minted in San Francisco. This unique error makes the 1882 O over S Morgan Silver Dollar a highly sought-after coin among collectors and investors alike.
History of the 1882 O Over S Morgan Silver Dollar
The Morgan Silver Dollar was first minted in 1878, and it quickly became one of the most popular coins in circulation. The coin was named after its designer, George T. Morgan, who was a British-born engraver working for the United States Mint. The Morgan Silver Dollar was minted in several locations across the United States, including San Francisco and New Orleans.
In 1882, there was a shortage of silver dollars in circulation, so the United States Mint in San Francisco was ordered to increase production. However, due to a mistake in the minting process, some of the coins were struck over the top of an S mint mark, which indicates that they were originally minted in San Francisco. These coins were then sent to the New Orleans mint, where they were struck again with an O mint mark, indicating that they were now minted in New Orleans. This error was not discovered until years later, making the 1882 O over S Morgan Silver Dollar a rare and valuable coin.
Features of the 1882 O Over S Morgan Silver Dollar
The 1882 O over S Morgan Silver Dollar is made of 90% silver and 10% copper, with a diameter of 38.1 millimeters and a weight of 26.73 grams. On the obverse side of the coin, you will see the profile of Lady Liberty, while the reverse side features a bald eagle with outstretched wings, clutching arrows and an olive branch in its talons. The coin also features the words "In God We Trust" and "E Pluribus Unum."
Value of the 1882 O Over S Morgan Silver Dollar
The value of the 1882 O over S Morgan Silver Dollar can vary greatly depending on its condition and rarity. A coin in poor condition may be worth only a few hundred dollars, while a coin in excellent condition could be worth tens of thousands of dollars or more. In general, the value of the coin is determined by factors such as its grade, rarity, and historical significance.
If you are interested in purchasing an 1882 O over S Morgan Silver Dollar, it is important to do your research and work with a reputable dealer. You should also have the coin appraised by a professional to ensure that you are getting a fair price.
Conclusion
The 1882 O over S Morgan Silver Dollar is a rare and valuable coin that is highly sought-after by collectors and investors. This unique error in the minting process makes the coin a fascinating piece of American history. Whether you are a seasoned collector or a novice investor, the 1882 O over S Morgan Silver Dollar is a coin that is sure to impress.