1885-O Morgan Dollar
Guidelines for Collecting:
The New Orleans Mint produced silver dollars exclusively this year. Large quantities were either stored at the Mint or shipped to the Treasury Building in Washington, D.C., or in 1929 to the Philadelphia Mint for long-term storage. Large quantities were released from the Washington vault beginning in the 1930s. In October 1962 through 1964 millions more coins were released from the Philadelphia Mint, along with the 1883-O and 1884-O dollars. Quality varies, with the strike ranging from flat at the centers to fairly sharp. Luster ranges from frosty to grainy or dull.
Availability in Circulated Grades:
Though available in such grades as EF and AU, most collectors opt for a Mint State piece of this common date.
Availability in Mint State Grades:
Name your grade and an 1885-O Morgan dollar is available, even into the ultra-gem grades of MS-66 and 67. Choose a nicely struck coin over a flatly struck specimen; both abound for the date. Leave the flat strikes for uninformed buyers (who are in the vast majority).
Availability in Proof:
None produced.
The example to the left was sold by Stack's Bowers Galleries in the Summer 2022 Global Showcase Auction, where it realized $5,160.
1885-O Morgan Dollar Auction Highlights
 NGC MS-68 Sold for $12,000 View Lot 4138 |  PCGS MS-65, CAC Sold for $9,000 View Lot 1436 |  PCGS MS-66+, CAC Sold for $8,812 View Lot 5159 |
