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Scarce 1903-O Morgan Silver Dollar
In 1903, 4.45 million Morgan Silver Dollars were struck at the fabled New Orleans Mint. Just 15 years later, Congress passed the Pittman Act, calling for the melting of hundreds of millions of these hefty silver coins. This may be one of the reasons why, for such a long time, it was so difficult to hunt down one of these 1903-O Morgans.
COIN HIGHLIGHTS:
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AMERICA’S MOST POPULAR COIN – The Morgan Silver Dollar—so named for its designer, U.S. Mint Assistant Engraver George T. Morgan—has stood the test of time. Struck from 1878-1904 and again in 1921, it was the coin of America’s “Wild West” and jingled in the coin purses of gamblers, gunfighters, soldiers, and dance hall girls.
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BIG SILVER COINS – Struck in 26.73 grams of 90% silver, the Morgan Silver Dollar is a big coin that measures 38.1 mm in diameter. When this coin was plunked down on a counter, its weight meant real money, pure and simple.
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CLASSIC DESIGNS – Morgan’s historic design depicts a profile of Lady Liberty on the obverse while the reverse features an eagle with outstretched wings. The model used for Liberty was Miss Anna Williams of Philadelphia, who Morgan declared to have the most perfect feminine profile he had ever seen.
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FAMOUS “O” MINT MARK – The New Orleans Mint is famous for being the only American mint to be controlled by three different governing bodies during its lifetime. It was first governed by the United States of America, then the State of Louisiana when it seceded from the Union prior to the Civil War, and finally the Confederate States of America following the onset of the war. The United States regained possession in 1862. The famous “O” mint mark on the reverse of these coins is a living reminder of this historic mint’s epic history.
