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<p>[QUOTE=&quot;Ed Zak, post: 25673, member: 824&quot;]I call Morgan O&#039;s the sloppy mint.&nbsp; San Francisco probably had the best strikes and highest attention to detail whereas New Orlean&#039;s quality control was very suspect.</p><p><br /></p><p>From the Whitman book on Morgan Silver Dollars:</p><p><br /></p><p><i>&quot;...many miilions were struck there [New Orleans] with little attention to quality, and the dies in the presses were spaced slightly farther apart than they should have been.&nbsp; As a result, the metal in the planchets did not flow into the deepest recesses of the dies.&nbsp; Accordingly, it is the rule, not the exception, that many dates of New Orleans dollars there are flat areas at the center of the obverse and the center of the reverse.&quot;</i></p><p><br /></p><p>Bottom line is if you find a nice detailed strike &quot;O&quot; mint in MS64 condition or better, it is a keeper.&nbsp; Many ended up in Bank vaults and were discovered later.</p><p><br /></p><p>The most famous was the 1903-O dollar where in early 1962 this coin was selling for $1500 in Unc. condition and $400 in EF condition.&nbsp; The Philadelphia Mint happens to find a bunch of these dollars in their vaults and releases them causing prices for this dollar to fall from these 1962 high fees to $13 to $15 literally overnight.&nbsp; Today you can get one in 2004 dollars between $350 to $450 for a MS63 or 64 coin.[/QUOTE]</p><p><br /></p>

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