1895 (O) Morgan Dollar
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$575,000 MS67 11-03-2005 Heritage Auctions
Description
The 1895 (O) Morgan Dollar is a dollar produced at the New Orleans Mint as part of the Morgan Dollars 1878-1921 series. With a mintage of 450,000, this is an extremely rare issue — the higher-mintage of the two mint variants, representing 53% of production. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars and the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. Known as the "King of Morgan Dollars" — the 1895 exists only in proof, with no business strikes confirmed. Struck at the New Orleans Mint, which operated from 1838 to 1909 and produced coins prized for their historical Southern provenance. Estimated market value ranges from $362 to $288K depending on grade and condition. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7236.
