Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: New Orleans
Mintage: 6,090,000
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $14.85 (9/3/2014)
Diameter: 38.1mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1882 O S$1 MS obverse 1882 O S$1 MS reverse


  
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Description & Analysis

Like many of the New Orleans issues, the 1882-O was considered a scarce date half a century ago. That is because a substantial portion of the original 6 million coin mintage remained hidden in Treasury vaults. Many millions of silver dollars were stored in the Treasury as security for silver certificates that were printed in massive quantities. For each dollar in silver certificates, the government was required to store a dollar in silver coins. Silver dollars were obviously the most convenient way to meet the requirement. The Treasury released many of those silver dollars during the period from 1962 to 1963. In his Silver Dollar Encyclopedia, Dave Bowers wrote of the Treasury release: 'the 1882-O was solidly entrenched as one of the most common issues in the series.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 2/10/2014

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1882 O S$1 MS
1882 O S$1 MS Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 59.00 68.00 125 190 350 2350 13000 - - - -
$ - - - - - 66.00 75.00 150 265 650 3250 15500 - -
1882 O S$1 MS Deep Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 65.00 100.00 180 375 1375 5900 41000 - - - -
$ - - - - - 75.00 115 225 475 2150 11500 46000 - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 16450
Low Grade: G
Average Grade: 63
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
9/6/2014 MS 65   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 8019
9/9/2014 MS 65   Heritage Auctions Internet Coin Auction Session(1), 131436/Lot# 23247


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/30/1993 PCGS MS 64   Heritage Auctions Santa Clara Bullet #103, 103/Lot# 306 $110.00
7/6/1998 NGC MS 64   Teletrade Auction 1064, 1064/Lot# 1844 $59.95
2/3/2013 PCGS MS 64   David Lawrence Rare Coins Internet Auction # 737, 746/Lot# 268 $322.00
2/3/2013 PCGS MS 64   Goldberg February 3-6, 2013 The Pre-Long Beach Auction, 72/Lot# 794 $276.00
5/11/2014 NGC AU 58   Prooflike Heritage Auctions Internet Coin Auction Session(2), 131420/Lot# 28683 $123.38
5/25/2014 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 05/25/2014, 183/Lot# 195171 $54.09
6/2/2014 PCGS MS 64   Stack's Bowers iAuction 3484, 6033/Lot# 20343 $115.15
8/3/2014 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(1), 131432/Lot# 23182 $158.63


NGC Registry

NGC Registry Score 1882 O S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base66991212161620375976768510216311183345493576511563029431
679101213161725446476799012248118603875584010310202300
00000016172544647679901224811860387558401031000
00000016183151707682961427992602440567451297000
1882 O S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333320375976768514336615053817608992341968237060
33333338254464767910421774522754574713712716254740
0000003825446476791042177452275457471371271600
000000314315170768212329111253046533181851619900
1882 O S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333203759767685336674310351589234134463041057311
3333333825446476791684481483378865161063819100393770
000000382544647679168448148337886516106381910000
0000003143151707682252561229344737875120422475500
Registry Image Gallery
Grade: MS 65 DPL
Points: 3103
Owner: Coxe
 
Grade: AU 58 PL
Points: 2226
Owner: Carolina Collector
 
View the Registry Image Gallery

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