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Description
Beginning in 1947-1948 and continuing through the early 1950s, several bags of 1899-O dollars were released in the East from storage in the Treasury Building in Washington, D.C., and were distributed among banks. A few dealers took advantage of the opportunity to stock up on a bag or two or a few rolls. Prior to this time, the 1899-O was a rarity in Mint State, although few collectors or dealers realized this.
However, it was not until October 1962 that large quantities of bags of this issue became available. The occasion was the well-known release of long-hidden New Orleans Mint dollars from a sealed vault in the Philadelphia Mint. In the great Treasury release of 1962-1964, 1899-O coins were among the first silver dollars in quantity to see the light of day.
- Category: Morgan Dollars (1878-1921)
- Mint: New Orleans
- Obverse Designer: George T. Morgan
- Reverse Designer: George T. Morgan
- Fineness: 0.9
- Weight: 26.73g
- Diameter: 38.1mm
- Edge: Reeded
