1880-O Morgan Silver Dollar About Uncirculated

Product Description

Often in the Morgan series, BUs cost just a few dollars more than AUs. But these AU issues are a real exception. About Uncirculated silver dollars boast original mint luster, but have just a trace of wear at the highest points of a coin's design. An average mint-state 1880-O New Orleans Morgan regularly sells for much more than AU. Why is there such a big price gulf between AU and BU for this issues? Strictly graded Uncirculated quality is very scarce; just 3% of the original mintage may survive in BU quality today.