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Why buy this 1888-O Silver Morgan Dollar from the Great Southern Hoard?
Expert Q. David Bowers ranked the release of the Great Treasury Hoard in the 1960s as one of the two most important events in numismatic history. Nearly all of the coins in the hoard have reached private hands, but MCM and GovMint.com gained exclusive access to the last bags that could definitely be traced to the hoard. These bags were owned by a Southern gentleman who grew up with diabetes during the Depression and later became a doctor. This coin, which is from one of those bags, is an 1888 Morgan that bears the "O" mint mark of the New Orleans Mint. The coin was struck from .7734 oz of .900 fine silver. It comes with two storybooks, one about the Great Southern Treasury Hoard and one about the main Treasury Hoard, as well as a story card about the the New Orleans Mint.
Featuring George T. Morgan's Iconic Liberty Design
George T. Morgan's Liberty design is perhaps the most recognizable in American numismatic history. It earned a place in the hearts and psyches of Americans thanks to its unifying theme and Morgan's decision to use an American-style model for Liberty rather than a Greek-style one, as was the tradition. The left-side portrait shows her wearing a ribbon that bears an inscription of her name, "LIBERTY," a crown made from cotton and wheat, and a Phrygian cap. The crown is significant because it consists of one Southern crop and one Northern one, while the cap designates her as a freed slave. The image is encircled by thirteen stars and two inscriptions, "E PLURIBUS UNUM" and "1888."
On the reverse, an open wreath partially encircles an eagle, which holds arrows and an olive branch in its talons. The arrows represent America's willingness to defend her values, while the olive branch indicates a preference for peace. The bird's wings stretch upwards toward the edge, and the national motto, "IN GOD WE TRUST," is inscribed between them. Rim inscriptions offer the coin's country, "UNITED STATES OF AMERICA," and face value, "ONE DOLLAR."
This coin earned an uncirculated Mint State 63 grade from the experts at Numismatic Guaranty Corporation (NGC). That grade indicates that a coin has about an average strike and shows no traces of wear.
Add this Morgan 1888-O Silver Dollar from the Great Southern Hoard to your collection today.
|Year of Issue:||1888|
|Variety:||Great Southern Hoard|
|Packaging:||with 3 Storybooks|
|Weight in Grams:||24.055 g|
|Weight in Ounces:||0.7734 oz|
|Legal Tender:||United States|
|Obverse Design:||Liberty facing left flanked by stars|
|Reverse Design:||Eagle clasping arrows and olive branch within half wreath|
|Reverse Designer/Engraver:||George T. Morgan|
|Obverse Designer/Engraver:||George T. Morgan|