1885 O Morgan from The Olathe Dollar Hoard
Morgan Dollars are probably my favorite government coin to collect. I really like the design, and they have a rich history. Some of these coins were used as payment in the old US western days, stolen in bank or stagecoach robberies, etc.
Obverse
The obverse is your traditional Morgan design, featuring Liberty, with a cap on her head.
Reverse
The reverse on these is my favorite. The eagle seems to be more "active" since it's depicted spreading its wings. Other designs have it stationary and far less details in it.
Specifications
Purity: 0.900
Weight: 0.858 Troy Ounce
The story behind these different hoards of Morgan dollars is always interesting. This came from the Olathe Hoard. According to the story, a banker in Olathe, Kansas was hoarding 25 US Mint bags of Morgan dollars. Each bag holds 1,000 of these, meaning he was hoarding 25,000 of them! (Source) Since many Morgan Dollars were melted down back when silver hit $50/ounce, this was a huge discovery!
I paid $98 for this coin, which seems to be about the going rate. These are a great piece of history at an affordable price. By comparison, the GSA Morgan I bought cost $350, since it was specifically produced by the US government with a special box and certificate. These are a much more affordable alternative and very fun to collect!
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An amazing find and a benefit and boon to the collecting community at large.
Yeah, it really was. It's sad when historic coins get melted down. Fortunately, some survived, and piece of history is preserved. 🙂
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Ohhh the history of this one...
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Yeah, there's a lot of history behind the Morgan hoard dollars 🙂
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I love Morgan dollars, among my favorite coin to collect. The details are so fine and beautiful. That's a great coin and history behind it. I'm a sucker for nice Morgans and will buy them even if it's one I already own!
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I have one of these coins but it's seen a lot of mileage but I bet these Uncirculated coins are awesome in hand.
They sure are! The DMPL (Deep Mirror Proof Like) are amazing to see if you come across one!
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Beautiful is in the eye of the beholder, that is one of them designs I ain't big on both sides 🤣 but I would still grab as much as I could at the right price !DOOK !BBH !LOL !ALIVE
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Yeah, to each their own. You'll be hard pressed to find these under $100.
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Oh hell na I would never go for the key dates or graded stuff, thats too collecty for me 😂 only got one graded coin so far and it's nothing fancy a basic 2017 libertad !DOOK !BBH !LOL !ALIVE
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Peace
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