Tied for Highest Graded
After an intermission of nearly two decades since the Mint closed in 1861, New Orleans resumed coinage production in 1879, following terms of the Bland-Allison Act that Congress passed a year earlier. The year 1879 saw the production of 2,325 double eagles, the only coins of the Type Three design that were minted in Louisiana. The facility also coined 2,887,000 silver dollars. Other denominations were added in later years through 1909 when that Mint was permanently closed. Mint State 1879-O Morgan dollars are not particularly rare, although Gems are elusive and finer examples are rarely encountered. In hand, this specimen is lighter and brighter than seen in our images. The NGC population is only 11 with not a single representative graded higher.
Offered at $9,200 delivered
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