1893-O $1 MS64 PCGS. CAC....

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Noteworthy 1893-O Dollar, MS64

1893-O $1 MS64 PCGS. CAC. The 1893-O Morgan dollar may be overshadowed by the immensely popular and elusive 1893-S, but it is nonetheless a coveted and difficult issue in its own right. Only 300,000 business strike 1893-O dollars were produced during this year. The Panic of 1893 saw a sharp stock market drop, a depression that brought about the failure of more than 500 banks, the bankruptcy of 74 railroads, and the shuttering of more than 15,000 American businesses.
The 1893-O is rare in all Mint State grades, and it is especially elusive in MS64 and finer condition. PCGS has certified 90 near-Gem 1893-O dollars, but only six in Gem grade and but a single Premium Gem (9/09). Radiant luster bursts forth from both sides of this splendid near-Gem example, which offers brilliant silver-white coloration and excellent eye appeal. The few contact marks on Liberty's cheek and in the reverse fields appear to preclude an even higher grade, but much appeal is present. The normal strike weakness on the hair over Liberty's ear and on a few of the obverse peripheral stars is not overly distracting. This coin is high-end for the assigned grade. The 1893-O in Gem condition takes a breathtaking jump in price, so this piece, with the CAC endorsement, should be accorded every consideration.(Registry values: P8, N4719)

Coin Index Numbers: (NGC ID# 255T, PCGS# 7224, GSID# 7612)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 300,000

View Certification Details from PCGS