1881-S $1 Morgan NGC BU Olathe Dollar Hoard U.S. Treasury Bags

Coin Details Country: United States Year: 1881 Mint: San Francisco (S) Denomination: 1 Dollar Composition: 90% Silver, 10% Copper Weight: 26.73 grams Diameter: 38.1 mm Designer: George T. Morgan Grade: NGC BU (Brilliant Uncirculated) Mintage Total Mintage: 12,760,000 The 1881-S Morgan Dollar had a relatively high mintage, and San Francisco Mint coins are often known for their superior strike quality compared to other mints. Condition and Grade BU (Brilliant Uncirculated): Coins in this condition have not been circulated and retain their original mint luster. The surface may have minor bag marks or contact marks due to storage and transportation in mint bags. Eye appeal is typically high, with sharp details and radiant luster, especially for San Francisco Mint Morgans. Hoard Provenance: Olathe Dollar Hoard The Olathe Dollar Hoard refers to a collection of U.S. Morgan Dollars sourced from U.S. Treasury Bags. This hoard surfaced after the Treasury Department began releasing long-stored silver dollars in the mid-20th century. Key details include: Origin: Many hoard coins were stored in U.S. Treasury vaults for decades, preserving their uncirculated condition. Discovery: Likely rediscovered during the Treasury releases in the 1960s and later handled by collectors or dealers who preserved their history. Significance: The “Olathe” name adds provenance, indicating the coins were part of a specific hoard, enhancing their appeal to collectors.   VF-20 Very Fine- Two thirds of hair lines from top of forehead to ear visible. Ear well defined. Feathers on eagle’s breast worn. EF-40 Extremely Fine- All hair lines strong and ear bold. Eagle’s feathers all plain but with slight wear on breast and wing tips. AU-50- About Uncirculated- Slight trace of wear on the bust shoulder and hair left of forehead, and on eagle’s breast and top edges of wings. MS-60 Uncirculated- No trace of wear; full mint luster present, but may noticeably marred by scuff marks or bag abrasions. MS-63 Choice Uncirculated- No trace of wear; full mint luster; few noticeable surface marks. MS-64 Uncirculated- A few scattered contact marks/ Good eye appeal and attractive luster. MS-65 Gem Uncirculated- Only light, scattered contact marks that are not distracting. Strong luster, good eye appeal. PF-63 Choice Proof- Reflective surfaces with few blemishes in secondary focal places. No major flaws.