1888-O MORGAN SILVER DOLLAR NGC BU G.T. MORGAN LABEL

Description

1888-O Morgan Silver Dollar NGC BU G.T. Morgan Label

The 1888-O Morgan Silver Dollar is part of the iconic Morgan Dollar series, distinguished by its classic design and historic significance. This summary covers the key aspects of this coin, including its design features, minting details, and the unique G.T. Morgan label.

Design and Minting

• Obverse: Displays the portrait of Lady Liberty wearing a Phrygian cap, with “Liberty” inscribed on it. The design is encircled by thirteen stars, representing the original thirteen colonies, along with the year of minting, 1888.
• Reverse: Shows a regal bald eagle clutching arrows and an olive branch, symbols of war and peace, with the motto “In God We Trust.” The reverse also has the words “United States of America” and “One Dollar.”
• Designer: George T. Morgan, whose initials “M” are present on both the obverse and reverse, designed the entire Morgan Dollar series.

Mint Location and Mark

• New Orleans Mint (“O” mark): The “O” mint mark indicates that the 1888 Morgan Silver Dollar was minted in New Orleans. This mint was one of several producing Morgan Dollars during the late 19th century, adding to the historical context of this coin.

Grading and Label

• NGC BU: The “BU” (Brilliant Uncirculated) grading signifies that the coin is in pristine condition, retaining its original luster and showing no signs of circulation.
• G.T. Morgan Label: This label pays homage to George T. Morgan, the designer of the Morgan Dollar series, underscoring the artistic value and collector appeal of his work.

Historical Context

• Morgan Dollar Series: First minted in 1878, the Morgan Dollar was a symbol of the United States’ silver mining era and western expansion. The series was produced until 1904 and again in 1921.
• New Orleans Mint: The New Orleans Mint operated from 1838 to 1909, making the 1888-O Morgan Dollar a significant representation of this mint’s history.

Collector and Investment Considerations

• Collector Appeal: The 1888-O Morgan Silver Dollar, with its Brilliant Uncirculated condition and G.T. Morgan label, is a prized collectible. The New Orleans mint mark and the BU grading add to its desirability.
• Investment Potential: Coins with high silver content and unique labels, like this one, can be attractive for investors. The Brilliant Uncirculated condition enhances its potential value.
• Storage and Preservation: To maintain the coin’s quality, proper storage is essential. Keeping it in a protective holder or case helps preserve its condition and value.

The 1888-O Morgan Silver Dollar NGC BU G.T. Morgan Label is an important piece within the Morgan Dollar series. Its Brilliant Uncirculated condition, combined with the New Orleans mint mark and unique label, contributes to its appeal among collectors and investors alike.