1882-O Morgan Silver Dollar Value Guide

The 1882-O Morgan Silver Dollar is a significant piece of American history, representing the post-Reconstruction era production at the historic New Orleans Mint. Designed by George T. Morgan, this 90% silver coin is highly collectible as one of the early standard silver dollars issued following the Coinage Act of 1873.

What Is 1882-O Morgan Silver Dollar Worth?

The typical price range for 1882-O Morgan Silver Dollar is $55 - $60 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of a clear, bold 'O' mint mark from the New Orleans facility.
• Overall strike quality, as New Orleans strikes from this era are often noted for being slightly soft.
• Surface preservation and the absence of heavy 'bag marks' or scratches.
• Luster and eye appeal, which significantly influence the $55.00 to $60.00 price range.

How to Identify 1882-O Morgan Silver Dollar?

• Locate the 'O' mint mark on the reverse side, positioned just above the 'DO' in 'DOLLAR'.
• Verify the 1882 date on the obverse below the portrait of Liberty.
• Confirm the composition is 90% silver and 10% copper with a reeded edge.
• Check for the designer's initial 'M' at the base of Liberty's neck and on the reverse left loop of the ribbon.

History of 1882-O Morgan Silver Dollar

Designed by Assistant Engraver George T. Morgan, the Morgan Dollar was minted from 1878 to 1904, and again for one year in 1921. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873. The 'O' mint mark on this specimen denotes that it was produced at the historic New Orleans Mint, which played a vital role in American coinage after the Reconstruction era.