This early New Orleans Mint Morgan dollar is quite scarce in mint-state condition, although a good number of circulated specimens have survived. A silver dollar encyclopedia estimates that as few as 12,000 may survive in the Brilliant Uncirculated quality we offer or higher grades. Tremendous U.S. government melts in the 20th century were especially devastating to this issue. The vast majority of 1880-O Morgans in Treasury bags were lost in these melts. Our Brilliant Uncirculated quality has nice original luster and no sign of wear (some bag marks are present, as is normal).