1889-O Morgan Silver Dollar. MS-66 (PCGS).Exceptional premium Gem quality for this significant strike and condition rarity in the New Orleans Mint Morgan dollar series. The strike is remarkably well executed, virtually full in fact, and serves as a fitting complement to intense satin luster. Silky smooth in texture and otherwise brilliant, delicate golden peripheral iridescence frames both sides and further enhances the coins appearance. Thanks to the release of examples from federal vaults over a number of years from the late 1930s to the early 1960s, survivors of this 11,875,000-piece issue are plentiful in an absolute sense. Most are poorly struck with blunt high point definition, however, and many also possess indifferent luster quality and/or numerous abrasions. Those are not the kind of coins of which Gems are made and, indeed, this issue is scarce in MS-65 and rare any finer. As one of the highest graded examples listed at PCGS, the significance of this piece for advanced Morgan dollar enthusiasts can hardly be overstated.
