1896-O Morgan Dollar AU55 PCGS
Exploring the 1896-O Morgan Dollar AU55 PCGS
The 1896-O Morgan Dollar, graded AU55 by the Professional Coin Grading Service (PCGS), is a fascinating piece of numismatic history. Struck at the New Orleans Mint, the 1896-O Morgan Dollar is revered among collectors for its scarcity and unique minting characteristics. The “O” mintmark, indicating its New Orleans origin, positions this coin as a noteworthy specimen in the Morgan Dollar series.
First, let’s delve into the historical context. The Morgan Dollar was produced from 1878 to 1904, and then again in 1921. The 1896-O issue is particularly significant because the New Orleans Mint was known for producing coins that often appeared less precisely struck compared to those from other mints. This makes the 1896-O Morgan Dollars distinctly challenging to find in higher grades, thereby increasing their desirability.
The AU55 (Almost Uncirculated) grade assigned by PCGS to this coin signifies that it has been lightly circulated and retains most of its original mint luster. It means the coin shows only slight wear on its highest points. Such a grade suggests that the coin has been well-preserved over the years, providing just the right balance between a piece that has seen some use and one that is still visually appealing.
Additionally, the 1896-O Morgan Dollar encapsulates a piece of American history, minted during a time of significant economic change and industrial growth in the United States. Owning such a coin offers not just a glimpse into the past, but also the pride of possessing a tangible artifact from a transformative era in American history.
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