1898-O Morgan Silver Dollar. MS-67 DPL (NGC).，Breathtakingly beautiful surfaces are fully untoned to allow ready appreciation of a deeply mirrored finish in the fields. Fully impressed devices are set apart with a soft satin texture, the interplay between these two finishes providing a lovely cameo appearance. Silky smooth in texture and virtually pristine, it is little wonder that this coin ranks among the finest 1898-O dollars certified in any category.<p>The history of this issue is truly fascinating, for up to the early 1960s the 1898-O vied with the 1903-O and 1904-O as the rarest New Orleans Mint Morgan dollar in Mint State. Unbeknown to collectors of earlier generations, a large percentage of the 4,440,000 coins struck was tucked away deep in the vaults of the Philadelphia Mint, to where millions of New Orleans Mint Morgan dollars had been shipped in 1929. During the 1940s and 1950s only a few bags of this issue came out of storage through the Treasury Department in Washington, D.C., and most of those coins found their way into circulation. Beginning in October 1962, however, the rarity status of the 1898-O changed dramatically as hundreds, if not thousands of original bags came out of hiding in the Philadelphia Mint. These coins were distributed through the Federal Reserve System, some of the earliest releases occurring in Michigan. Unlike during the 1940s and 1950s, most of the coins in these later releases went to numismatists who preserved them in Mint State. So many coins were involved that, today, the 1898-O is regarded as one of the most common New Orleans Mint Morgan dollars in Uncirculated condition. Prooflike and Deep Mirror Prooflike examples feature prominently among the Mint State survivors, but with the virtually pristine surfaces offered here a DMPL/DPL 1898-O is a major rarity. Indeed, this lovely Superb Gem represents a fleeting bidding opportunity for the advanced collector of Prooflike dollars.，PCGS# 97255. NGC ID: 2569.，NGC Census: just 1; 0 finer in this category.，From the Magnolia Collection.
