1880-O Morgan Silver Dollar Value Guide

The 1880-O Morgan Silver Dollar is a significant piece of American numismatic history produced under the Bland-Allison Act at the New Orleans Mint. Collectors prize this specific year for its historical connection to the post-Reconstruction South and its classic George T. Morgan design featuring Lady Liberty.

What Is 1880-O Morgan Silver Dollar Worth?

The typical price range for 1880-O Morgan Silver Dollar is $40 - $60 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Numerical grade from services like PCGS or NGC, as high-state uncirculated examples command premiums over the $40-$60 base.
• The presence of 'bag marks' or surface abrasions, which are common for New Orleans strikes due to storage methods.
• Luster and strike quality, as 1880-O issues are known for having a wide range of strike sharpness.
• The current spot price of silver, which provides a baseline bullion value for heavily circulated specimens.

How to Identify 1880-O Morgan Silver Dollar?

• Locate the 'O' mint mark on the reverse side, positioned directly below the wreath and above the 'DO' in 'DOLLAR'.
• Verify the 90% silver and 10% copper composition, which gives the coin its distinct metallic ring and weight.
• Examine the obverse for the 1880 date and the 13 stars representing the original colonies.
• Check for the designer's initial 'M' at the truncation of Liberty's neck and on the reverse's left loop of the ribbon.

History of 1880-O Morgan Silver Dollar

The Morgan Dollar, named after its designer George T. Morgan, was minted from 1878 to 1904, and again in 1921. It was a product of the Bland-Allison Act, which required the U.S. Treasury to purchase a certain amount of silver each month and coin it into dollars. The 1880-O issue is one of many varieties produced at the New Orleans Mint, recognizable by the 'O' mint mark below the eagle on the reverse.