This coin was once known as one of the great rarities of the Morgan dollar series, but it became a relatively common coin following the discovery and release of many 1898-O bags in Treasury vaults during the early 1960s. Now widely available in grades up to MS66, the 1898-O Morgan dollar is no more a rare coin than the 1903-O or 1904-O, two other Morgans once thought to be great rarities. PLs are more common than DMPLs, though neither is really rare, at least not until above the MS65 level.
| coinage-type | Morgan silver dollar |
| desg | MS |
| designer | George T. Morgan |
| diameter | 38.1 |
| edge | Reeded |
| fineness | 0.9 |
| material | 90% silver; 10% copper |
| mint-mark | O |
| mintage | 4,440,000 |
| ngc-id | 2569 |
| obverse-description | Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom. |
| pcgs-link | 7254 |
| pcgs-number | 7254 |
| reverse-description | The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR. |
| weight-grams | 26.73 |
| weight-ounces | 0.943 |
| year-display | 1878-1921 |