1892 New Orleans Morgan Silver Dollar Very Good Very Fine Condition

The 1892 Morgan Silver Dollar in VG (Very Good) to VF (Very Fine) condition represents a coin with moderate to light wear, particularly on the higher points of the design. In VG/VF condition, there is noticeable wear on Liberty's hair, face, and the eagle's feathers, though many design elements remain visible. The overall details are still distinct, but the coin has seen some circulation.

1892 O Morgan Silver Dollar VG/VF

The coinage law of 1873 made no provision for the standard silver dollar. During the lapse in coinage of this denomination, the gold dollar became the unit coin, and the trade dollar was used for commercial transactions with Asia. Resumption of coinage of the silver dollar was authorized by the Act of February 28, 1878, known as the Bland-Allison Act. The weight and fineness were to conform with the Act of January 18, 1837.