In 1962, the 1888-O Morgan silver dollar was a relative scarcity in the series with a very limited number available in the marketplace.Butafter the final Treasury releases of the 1960s this issuebecame more affordable. Even after thedisbursement of specimens from the Treasury, experts contend that after attrition and government melts, as few as 160,000mint-state 1888-O issues survive today. That's just 1% of the original mintage. That low BUsurvival number puts added pressure on circulated grade coins.AU Morgans feature only a hint of wear at the highest points of the engravings and still have traces of original mint luster.