1885-O Morgan Silver Dollar Value Guide

The 1885-O Morgan Silver Dollar is a quintessential piece of American numismatic history, minted at the historic New Orleans facility under the Bland-Allison Act. This specific example, graded MS63 by PCGS, represents a high-quality specimen of George T. Morgan's iconic 90% silver design.

What Is 1885-O Morgan Silver Dollar Worth?

The typical price range for 1885-O Morgan Silver Dollar is $200 - $240 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The PCGS MS63 grade significantly stabilizes the value within the $200 to $240 range.
• Luster and 'eye appeal' can push the price toward the higher end of the valuation spectrum.
• The presence of original mint bag toning or clean, mark-free surfaces on Liberty's cheek.
• Market demand for New Orleans Mint coinage and the current spot price of silver.

How to Identify 1885-O Morgan Silver Dollar?

• Locate the 'O' mint mark on the reverse side, positioned just above the 'DO' in 'DOLLAR'.
• Verify the PCGS certification number on the slab to ensure the MS63 grade is authentic.
• Check for the designer's initial 'M' at the base of Liberty's neck and on the reverse left ribbon loop.
• Confirm the composition is 90% silver and 10% copper with a diameter of 38.1mm.

History of 1885-O Morgan Silver Dollar

The Morgan Dollar, designed by George T. Morgan, was minted from 1878 to 1904, and again in 1921. It was authorized by the Bland-Allison Act, which required the U.S. Treasury to purchase a certain amount of silver and coin it into dollars. The 'O' mint mark indicates it was produced at the New Orleans Mint, an important historical facility.