This is a very nice example of the 1902-O VAM 67 Morgan dollar counterfeit associated with the Micro O family. This is one (1) of six (6) 1902-O dated Morgan dollar counterfeit varieties from this family. Finding an example of this variety above VG is tough. While a few AU and MS examples exist (1-3%), VF and EF examples are not much more available (10-20% of the population), while Fine and lower graded examples make up an estimated 75% of the population for this variety.
 
The numismatic value for many of these Morgan dollar counterfeit varieties are still quite affordable given the large size, age, mystique, and the fact that these are high-grade sterling silver planchets.