1898-O Morgan Dollar
Guidelines for Collecting:
When quantities of the 1898-O were released from a long-sealed vault in the Philadelphia Mint in 1962 the event ignited a numismatic treasure hunt. This issue was one of three rarities from the New Orleans Mint—joining the 1903-O and 1904-O dollar—on collectors’ wish lists prior to the early 1960s. Today, the 1898-O is plentiful in all grades, including gem Mint State. Striking ranges in quality, but is usually above average with attractive luster.
Availability in Circulated Grades:
EF and AU coins present no challenge today.
Availability in Mint State Grades:
There is no need to settle for the low end of the scale, MS-60 to 62, when an abundance of coins in far finer grades is available to today’s collectors. Look for a lustrous gem with a strong strike for your set—weakly struck pieces exist and should be avoided.
Availability in Proof:
None produced.
The example to the left was sold by Stack's Bowers Galleries in the November 2019 Baltimore Auction, where it realized $5,760.
1898-O Morgan Dollar Auction Highlights
 PCGS MS-67+, CAC Sold for $6,600 View Lot 3118 |  PCGS MS-67+, CAC Sold for $6,000 View Lot 5264 |  PCGS MS-67+, CAC Sold for $5,760 View Lot 3119 |
