1885-O MORGAN SILVER DOLLAR NGC BU G.T. MORGAN LABEL

Description

The 1885-O Morgan Silver Dollar is a highly coveted numismatic treasure, encapsulated by NGC (Numismatic Guaranty Corporation) as Brilliant Uncirculated (BU) and adorned with the esteemed G.T. Morgan Label. Here’s a detailed overview of this iconic coin:

Date and Mint Mark:

• The coin was minted in 1885 at the New Orleans Mint, as indicated by the “O” mint mark on the reverse side. The New Orleans Mint played a significant role in producing Morgan Silver Dollars during the late 19th century, contributing to the nation’s coinage needs.

Design:

• Crafted by George T. Morgan, the obverse of the coin showcases a left-facing portrait of Lady Liberty, adorned with a crown of cotton and wheat, symbolizing American agricultural abundance and industrial prowess. The inscriptions “E PLURIBUS UNUM” and “1885” border Liberty’s portrait.
• On the reverse side, an eagle with outstretched wings holds arrows and an olive branch, emblematic of America’s military strength and desire for peace. Above the eagle is the national motto “IN GOD WE TRUST,” while the phrases “UNITED STATES OF AMERICA” and “ONE DOLLAR” encircle it.

NGC Grading and G.T. Morgan Label:

• NGC, a globally recognized third-party grading service, has certified this coin as Brilliant Uncirculated (BU), affirming its pristine condition and original mint luster. NGC’s rigorous grading standards provide assurance of the coin’s authenticity and quality.
• The G.T. Morgan Label, affixed to the NGC holder, pays homage to George T. Morgan, the talented engraver who designed the Morgan Silver Dollar. Coins encapsulated with this label honor Morgan’s artistic legacy and hold special appeal to collectors and enthusiasts.

Numismatic Value:

• The 1885-O Morgan Silver Dollar is highly sought after by collectors due to its historical significance and association with the New Orleans Mint, a prominent minting facility in American numismatics.
• Coins in BU condition are particularly desirable to collectors, as they retain their original mint luster and lack signs of wear, enhancing their visual appeal and market value.
• NGC’s certification adds credibility to the coin’s condition assessment, providing confidence to buyers and sellers in the numismatic marketplace.

Investment Potential:

• Beyond its numismatic allure, the 1885-O Morgan Silver Dollar contains intrinsic value due to its silver content. As a tangible asset with a rich historical background, it may serve as a hedge against economic uncertainty and inflation.
• Over time, coins of exceptional quality, such as this NGC-certified BU example with the G.T. Morgan Label, have the potential to appreciate in value, making them attractive additions to investment portfolios.

Overall Significance:

• The 1885-O Morgan Silver Dollar represents a fascinating chapter in American coinage history and serves as a tangible link to the nation’s past. Its elegant design, NGC certification, and association with George T. Morgan make it a cherished collectible among numismatists worldwide.

Owning an 1885-O Morgan Silver Dollar NGC BU with G.T. Morgan Label allows enthusiasts to appreciate not only its beauty and historical significance but also the legacy of its designer and the rich numismatic heritage of the United States.