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1894-O Morgan Silver Dollar G–VG

Item #
437150
In Stock
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Low-Mintage 1894 Morgan Silver Dollar From The New Orleans Mint

The economic crisis known as the “Panic of 1893” greatly reduced the number of Morgan Silver Dollars struck the following year. From all the mint branches combined, just over three million were struck. By contrast, the largest number ever struck in a single year was more than 44 million!

Third Lowest Of Any New Orleans Mint-Struck Morgans

In 1894, the New Orleans Mint only struck 1.723 million Morgans, the third lowest of any New Orleans Mint-struck Morgans, making this date and mint mark highly collectible—and that’s what you have here: an 1894-O Morgan Silver Dollar! In addition, its Good to Very Good (G–VG) grade means that although it actively circulated in commerce, it’s as pleasing to the eyes as it is affordable. Just imagine what they might have been used to purchase before the turn of the century!

Morgans Getting Harder To Find Every Year

No one knows how few of these low-mintage 1894 New Orleans Morgans still exist, as most have been lost to time and the melting pots. In fact, coin experts estimate that fewer than 15% of all Morgans still exist in ANY condition, and they seem to be getting harder and harder to find. Each coin is struck in highly pure 90% fine “American” silver mined from the Comstock Lode in Nevada. Quantities are limited, so don’t miss out; secure yours now!

COIN HIGHLIGHTS:

  • AMERICA’S MOST POPULAR COIN – The Morgan Silver Dollar—so named for its designer, U.S. Mint Assistant Engraver George T. Morgan—has stood the test of time. Struck from 1878-1904 and again in 1921, it was the coin of America’s “Wild West” and jingled in the coin purses of gamblers, gunfighters, soldiers, and dance hall girls.
  • CLASSIC DESIGNS – Morgan’s historic design depicts a profile of Lady Liberty on the obverse while the reverse features an eagle with outstretched wings. The model used for Liberty was Miss Anna Williams of Philadelphia, who Morgan declared to have the most perfect feminine profile he had ever seen.
  • STRUCK IN GLEAMING AMERICAN SILVER – Struck in 26.73 grams of highly pure 90% fine silver from the famous Comstock Lode, the Morgan Silver Dollar is a big coin 38.1 mm in diameter. When this coin was plunked down on a counter, its weight meant real money, pure and simple.
  • LEGAL TENDER SILVER DOLLAR – Morgans were $1 legal tender and struck during the heyday of America’s Wild West era where coins were overwhelmingly preferred over paper currency.
  • GOOD TO VERY GOOD CONDITION – Your coin will come graded as being in Good to Very Good (G–VG) condition, remarkable considering its age and use in circulation.
  • THE CASE OF THE DISAPPEARING MORGANS – While millions of Morgan Silver Dollars were struck from 1878 through 1921, massive silver meltings and the ravages of time have taken their toll. Today coin experts believe that only 15% of all Morgans ever struck remain in existence!

Here’s your chance to secure a key-date Morgan – the 1894-O Morgan Silver Dollar in nice Good to Very Good condition! Don’t delay; add it to your cart today!

Availability In Stock
Year of Issue 1894
Country United States
Composition Silver
Purity .900
Condition Circulated
Grade G, VG
Denomination 1.00
Currency Type Dollar
Mint Name New Orleans - O
Coin Weight 26.73 Grams - g
Weight 0.858 Ounce - oz