1895-O $1 MS63 PCGS....

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Precious Select 1895-O Morgan Dollar

1895-O $1 MS63 PCGS. In his 1993 reference Silver Dollars and Trade Dollars of the United States, Q. David Bowers gave a brief history of the market for the 1895-O Morgan dollar issue through that time. After a burst of early interest, perhaps spurred by the low mintages for the 1894 and 1895 Morgan issues from all Mints, demand subsided, particularly for high-end examples; as noted by Bowers, "Even the most famous collections were apt to contain worn pieces."
Despite its rarity in true Mint State, the 1895-O had continued to languish through the early 1990s, gaining little publicity. Since then, however, the advent of Registry collecting has inspired a new emphasis on the Morgan dollar series in high grades, and this change has spurred dramatic growth in the demand for this issue, demand that the tiny pool of Select and better survivors, each a condition rarity, cannot hope to satisfy. Advice by Bowers from the 21st century, in his Guide Book of Morgan Silver Dollars, suggests that the collector wanting even a "decent" Mint State survivor should "... look at the MS-63 grade, at least, and be prepared to spend a lot of money."
While the 1895-O Morgan dollars were generally poorly produced, a point expounded upon at length by Bowers, this Select coin offers appreciably above-average eye appeal. The strike, though not crisp at the highest points of the design, is solid elsewhere, and the fields offer soft cartwheel luster beneath subdued gold-gray and sage shadings. Modestly abraded, yet highly appealing with an aesthetic built on subtlety, not flashiness. Population: 19 in 63, 17 finer (6/10).(Registry values: P9, N7079)

Coin Index Numbers: (NGC ID# 255Y, PCGS# 7236, GSID# 7620)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 450,000

View Certification Details from PCGS