Major errors on Morgan dollars — or any large-sized coin of the era
— are rarely seen and Heritage will offer an 1884-O Morgan dollar
graded Mint State 64 by Professional Coin Grading Service that was
struck 15 percent off center.
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Most off-center Morgan dollars are relatively minor, so one that is
struck significantly off center and has both the obverse date and
reverse Mint mark present is desirable to both error and Morgan dollar
collectors. Heritage writes, “A triad of condition, percentage struck
off-center, and direction of the off-center strike make this 1884-O
Morgan dollar uniquely indelible.” On its physical appearance Heritage
adds, “Satiny cartwheel luster illuminates the struck portion of the
planchet, while lavender-gold toning warms the entire piece. A few
faint grazes on Liberty’s cheek are all that limit the grade.”
Mysterious zinc cent discovered in antique store.
A 1982 Lincoln cent and cent blanks encased in acrylic are
possibly employees’ souvenirs from when the Ball Corp. began
supplying the Mint with cent planchets.
Almost 10 million 1884-O Morgan dollars were struck at the New
Orleans Mint and representatives in nearly all grades are plentiful
with a typical MS-64 example selling for around $80. Few comparable
off-center Morgan dollars exist to provide pricing guidance. Heritage
sold a 1921-S dollar struck 20 percent off center and graded MS-63 by
PCGS for $16,450 earlier this year and sold an 1882-O dollar graded
PCGS MS-64 struck 20 percent off center for $41,125 at a 2012 auction;
these results provide at least some framework for potential bidders.
later to see the other desirable Morgan dollar we feature
from Heritage’s December auction.