The 1894 O is minted in New Orleans and the letter S is located beneath the bow on the reverse. This is designed by George T. Morgan in the diameter of 38.1 millimeter and weight of 26.73 grams. This is composed of metal which is 90 percent of silver and 10 percent of copper. This 1894 O American silver dollar has a circulation strike mintage of 1,723,000 and the optimal collecting grade is the MS-64. The examples of the 1894 O in Mint State are often wretched in appearance. The strike is usually below average and the diligent searching is needed and the luster is typically satiny and attractive on higher grade pieces, and dull in lower grade. The proofs like coins are elusive. In the early 1950’s there are several bags surfaced giving dealers an adequate supply.
VG-8: $60
AU-50: $330
MS-65: $55,000
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