1904-O Morgan Silver Dollar MS63 PCGS (Gold Rim Toning)

The 1904-O Morgan Silver Dollar was once considered a rare coin—until the 1960s, when previously hidden bags of Mint State examples were released from storage at the Philadelphia Mint. As a result, high-grade 1904-O Morgans became widely available, while circulated examples became the true challenge for collectors. It’s a rare case in numismatics where worn coins are harder to find—and sometimes more valuable—than their uncirculated counterparts.
The New Orleans Mint, which struck this coin, played a crucial role in completing the Morgan Dollar series. Its final production run in 1904 marked the end of silver dollar minting there. Shortly after, the historic “Old Mint” closed as a coining facility, later serving as an assay office, a storage site, and even a Cold War-era fallout shelter.
Your coin, a 1904-O Morgan, has been professionally graded MS63 by PCGS, one of the most respected grading services in the numismatic world. This piece boasts brilliant uncirculated luster and a distinctive touch of gold toning along the rim, adding unique visual appeal and character. It's a beautiful blend of condition, history, and subtle natural toning—perfect for collectors who appreciate originality and eye appeal.