About 1879-O BM BM Morgan Dollars (Proof)
This extremely rare branch-mint Morgan dollar proof is perhaps the rarest of all proof Morgans and has an interesting story to tell. It is believed just 12 were minted on February 20, 1879, to commemorate the reopening of the New Orleans Mint following its closure in 1861 at the onset of the Civil War. These O-mint proofs are unknown by a large number of numismatists, and far fewer collectors have even seen one. On the rare occasion they are offered for sale, they inspire great attention in the numismatic media and also command strong bids. One PCGS-grade PR64 specimen realized an outstanding $184,000 at a March 2010 Stack’s-Bowers auction.
|Denom:||$1 / Silver dollar|
|Mint Location:||New Orleans|
|Composition:||90% silver; 10% copper|
|Designer:||George T. Morgan|
About CDN Prices
All CDN prices are based on proprietary market knowledge and technology developed by CDN Publishing, LLC.
CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.
Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.
Bluesheet (NGC & PCGS) prices represent the highest sight-unseen offers to buy on dealer networks like CDN Exchange. In many cases, there are no active sight-unseen buy offers, so CDN looks to the recent lowest market values for such an item. For this reason, Bluesheet values typically represent the floor of the market for the specified item. CDN only tracks Bluesheet on certain items.
CAC prices are for U.S. coins that meet the standards of the Certified Acceptance Corporation. You can learn more about CAC on their web site.
Price movement is indicated for price changes in the last 30 days.
The values listed are only indications. CDN Publishing, LLC does not buy or sell collectibles. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.