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1882 Morgan Error "O" Over "S"
1882 Morgan Error "O" Over "S"


 
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Our Price: $189.95
Sale Price: $149.95
Year: 1882
Mint(s): O over S
Composition: .900 Pure Silver
Diameter: 38.1 mm

Quantity in Stock:15
Product Code: 14717
Qty:

Description
 
The 1st Morgan Mint Mark Error

The #1 vintage United States coin is the Morgan Dollar. The silver dollar of the "wild west", pursued by the likes of Jesse James, Butch Cassidy and many others... today it could be you !!!

It was authorized and first struck after the passing of the Bland-Allison act in 1878 and was struck until 1904 when our silver supply was exhausted. Over it's 28 year history it was struck at 5 different US Mints; The Philadelphia ( no mint mark ), Denver ( D - 1921 only ), New Orleans ( O ), San Francisco ( S ) and the fabled Carson City ( CC ).

How did it happen ... In 1882 the San Francisco Mint sent three coinage dies to New Orleans to aid in their production. When received, the employees at the New Orleans Mint were to remove the S mint mark and replace it with the O. To get production started they cut corners and re-stamped the die with the O mint mark over the top of the S. So if you look at the mint mark below the eagles tail feathers on the reverse .. there you have it.

Today -- 125 years later, the 1882 O over S Mint Mark is recognized as the 1st Morgan Dollar Mint Mark Error

How many survived? With only 3 dies, experts acknowledge it wasn't many, "This over mint mark is widely accepted as a KEY item, if it were a date not a variety error it would be the fifth rarest", but when you look at a few things we do know: In 1918 the Pittman act authorized over 270 Million Morgan Dollars be melted ( over half of the total population of all mints combined ), an additional 40 million melted for the Manhattan project in the 1940's and a significant number being melted again in 1979-80 when silver hit $50 an ounce.

Each of our coins is authenticated by ANACS, the oldest independent certification service in the industry as a "Genuine" and will arrive to you protected by a felt pouch.

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