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The 1901-O $1 Morgan Silver Dollar, struck at the New Orleans Mint, is a popular late-date issue from the long-running Morgan dollar series. By 1901, silver dollar production was largely driven by Treasury storage needs rather than active circulation, resulting in many coins that survived with strong mint luster and sharp detail. This example, certified PCGS MS-65, represents the type at a solid gem level.
PCGS population data underscores both availability and selectivity at this grade. The service has graded 3,955 examples as MS-65, with 938 coins graded finer. These figures place the 1901-O within reach of collectors seeking a high-quality Morgan without venturing into true condition rarity, while still offering meaningful grade distinction.
At its price of $240, the 1901-O in PCGS MS-65 is an affordable option for the collector on a budget. This piece is further enhanced by attractive original toning, which adds visual depth and character, making it a pleasing and practical addition to a Morgan dollar type set.
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