1898-O Morgan Dollar

Once considered a great rarity of the series, the 1898-O Morgan Dollar is now readily available at all grade levels including gem. In a situation similar to the 1903-O and 1904-O, this issue was scarcely encountered and elusive in mint state for a generation of collectors. This changed with the release from a Treasury vault in November 1962, which contained each of these rarities in large quantity. For present day collectors, an example graded MS65 can be acquired for less than $200.

The mintage for the 1898-O was 4,440,000 pieces at the New Orleans Mint.

An exceptional piece graded PCGS MS68 with the DMPL Deep Mirror Proof Like designation sold for $32,200 at an auction in January 2009.

1898-O Morgan Dollar Mintage and Specifications

  • Mintage: 4,440,000
  • Mint mark: O (New Orleans)
  • Composition: 90% silver, 10% copper
  • Weight: 26.73 grams
  • Diameter: 38.1 mm