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1897-O Morgan Silver Dollar Brilliant Uncirculated - Bu

1897-O Morgan Silver Dollar Brilliant Uncirculated

Introduction

The 1897-O Morgan Silver Dollar Brilliant Uncirculated (BU) is a highly sought after coin by collectors and investors alike. This coin is one of the many Morgan Silver Dollars produced throughout the late 1800s and early 1900s. However, the 1897-O Morgan Silver Dollar BU is unique in its own right due to its rarity and condition. In this article, we will explore the history, design, value, and significance of the 1897-O Morgan Silver Dollar BU.

History

The Morgan Silver Dollar was first minted in 1878 and continued until 1904. However, due to the Pittman Act of 1918, the Morgan Silver Dollar was minted again in 1921. The 1897-O Morgan Silver Dollar was minted in New Orleans, Louisiana, in 1897, during the height of the silver boom. The coin was produced in large quantities, but few survived in BU condition due to the harsh conditions of circulation and storage.

Design

The 1897-O Morgan Silver Dollar BU has a diameter of 38.1mm and weighs 26.73 grams. The obverse of the coin features the profile of Lady Liberty, with the words "E Pluribus Unum" and the date "1897" inscribed. The reverse of the coin features an eagle with outstretched wings, holding an olive branch and arrows, with the words "United States of America" and "One Dollar" inscribed.
Morgan Silver Dollar Design

Value

The value of the 1897-O Morgan Silver Dollar BU can vary greatly depending on its condition and rarity. As previously mentioned, few of these coins survived in BU condition due to their age and usage. Therefore, a well-preserved 1897-O Morgan Silver Dollar BU can be worth thousands of dollars, while a heavily circulated one can be worth significantly less. It is highly recommended to have a professional coin appraiser assess the value of your coin before buying or selling.

Significance

The 1897-O Morgan Silver Dollar BU is significant not only for its rarity and value but also for its historical context. This coin was minted during the height of the silver boom, a time when the United States was experiencing rapid industrialization and expansion. The Morgan Silver Dollar was used heavily in commerce and trade during this time, making it an important symbol of American economic growth and prosperity.

Conclusion

In conclusion, the 1897-O Morgan Silver Dollar Brilliant Uncirculated (BU) is a unique and highly sought after coin by collectors and investors. Its rarity, condition, and historical significance make it a valuable addition to any collection. However, it is important to have a professional coin appraiser assess the value of your coin before buying or selling. Whether you are a collector or investor, the 1897-O Morgan Silver Dollar BU is a timeless piece of American history that will continue to hold its value for years to come.

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