1904-O Morgan Silver Dollar
- Original 1904 New Orleans Mint (“O”) Morgan Silver Dollar
- Last year of issue from New Orleans
- Choice Brilliant Uncirculated Condition
- Coin is one ounce of .900 fine silver
- CLICK HERE for special 2-Coin pricing
The Bland-Allison act of 1878 decreed that the U.S. treasury should buy a prescribed amount of Silver every month from Western miners and produceSilver coins. The Morgan Silver Dollar was a result of this surplus amount of Silver bought by the U.S. Treasury. Literally billions of Morgan Silver dollars were minted in Philadelphia, San Francisco(S), New Orleans(O), Carson City(CC) and Denver(D) mints between 1878 and 1904 and then again in 1921.
Designed by George T. Morgan, the Morgan dollar is considered his materpieceas Assistant Mint engraver in Philadelphia mint. Morgan created a lot of ripples when he reported to duty at the Philadelphia mint in 1876. The then Chief Engraver William Barber considered him a competition for his son Charles E. Barber and never warmed towards him. Morgan was also radical in his approach towards designing coins. Morgan selected Miss Anna Willess Williams as the model for designing Libertys head instead of the accepted norm of using mythical Greek-style figures.The obverse design has the Lady Liberty wearing a Phrygian cap surrounded by 13 stars and the line E PLURIBUS UNUM. For the reverse design, Morgan studied the nature of the bald eagle and created a design of an eagle clasping arrows and an olive branch.
The design of the Morgan dollar was never popular in its own period and was derisively nicknamed the buzzard dollar to describe the somewhat thin eagle in the reverse and the cartwheel for its big size. In the 1960s the U.S. treasury sold some Morgan dollars that were sitting in the mint vaults in exchange for Silver certificates and in the 70s the General Services Administration (GSA) marketed and sold nearly 2.9 million Morgan dollars to the public, generating a lot of interest. After a treasure trove of 400,000 Morgan dollars were found in the basement of LaVere Redfield from Nevada, the coin enthusiasts were really hooked.
| Year | 1904 |
|---|---|
| Quantity | 1 |
| Description | The Bland-Allison act of 1878 decreed that the U.S. treasury should buy a prescribed amount of Silver every month from Western miners and produceSilver coins. The Morgan Silver Dollar was a result of this surplus amount of Silver bought by the U.S. Treasury. Literally billions of Morgan Silver dollars were minted in Philadelphia, San Francisco(S), New Orleans(O), Carson City(CC) and Denver(D) mints between 1878 and 1904 and then again in 1921. Designed by George T. Morgan, the Morgan dollar is considered his materpieceas Assistant Mint engraver in Philadelphia mint. Morgan created a lot of ripples when he reported to duty at the Philadelphia mint in 1876. The then Chief Engraver William Barber considered him a competition for his son Charles E. Barber and never warmed towards him. Morgan was also radical in his approach towards designing coins. Morgan selected Miss Anna Willess Williams as the model for designing Libertys head instead of the accepted norm of using mythical Greek-style figures.The obverse design has the Lady Liberty wearing a Phrygian cap surrounded by 13 stars and the line E PLURIBUS UNUM. For the reverse design, Morgan studied the nature of the bald eagle and created a design of an eagle clasping arrows and an olive branch. The design of the Morgan dollar was never popular in its own period and was derisively nicknamed the buzzard dollar to describe the somewhat thin eagle in the reverse and the cartwheel for its big size. In the 1960s the U.S. treasury sold some Morgan dollars that were sitting in the mint vaults in exchange for Silver certificates and in the 70s the General Services Administration (GSA) marketed and sold nearly 2.9 million Morgan dollars to the public, generating a lot of interest. After a treasure trove of 400,000 Morgan dollars were found in the basement of LaVere Redfield from Nevada, the coin enthusiasts were really hooked. |
We're confident you will be satisfied with your purchase, but if not, you may return your item for a refund or exchange within 30 days of invoice date. Shipping and handling charges are non-refundable, and the product must be returned complete and in sellable condition to qualify for a refund. Refund amount will include full purchase price and all collected taxes.Seals and cases contribute to the value of coin and currency collectibles and must remain intact and unbroken. This applies, but is not limited to: grading cases, Mint and Proof cases and packages, bag seals, original government sealed packaging, certificates of authenticity and/or any other special packaging or containers. Customers are responsible for shipping charges and risk of loss on all return shipments. All returns must be shipped by a reputable shipper and be properly packaged and fully insured. Products returned after 30 days of shipping date are subject to a 20% restocking fee.
