With a total coinage of 28,470,039 coins, the 1883 Morgan dollar is a park date mint. They are normally not worth much, particularly because many of them are in an deficient stipulate. however, you can find this dollar in grades up to MS 66, and some can be pretty expensive. Let ’ s take a count at 1883 Morgan silver dollar valu vitamin e .
Morgan Silver Dollar History
All Morgan silver dollars minted during a brilliant meter of american history have an excellent reputation among collectors. US Mint adjunct engraver George T. Morgan designed this unbelievably beautiful coin in the nineteenth hundred, and the output started in 1878 .
1883 Morgan silver dollar | |||
Location | Year | Minted | Value |
Philadelphia | 1883 | 12,290,000 | $35+ |
Philadelphia | 1883 proof | 1,039 | $3,000+ |
San Francisco | 1883 S | 6,250,000 | $35+ |
New Orleans | 1883 O | 8,725,000 | $35+ |
Carson City | 1883 CC | 1,204,000 | $200+ |
Total | 1883 | 28,470,039 | / |
Except in the period from 1904 until 1921, when silver stocks were incredibly broken, the US Mint was producing these coins for 43 years. Morgan silver dollars went into history vitamin a soon as the Peace dollar appeared at the end of 1921 .
A Lady Liberty break adorns the obverse, with a signal E PLURIBUS UNUM placed around the lead rim and the coinage date centered at the bottom. You can see an american bald eagle with ranch wings and a wreath that surrounds it on the reverse .
The saying IN GOD WE TRUST is written between the eagle wingtips, while the words ONE DOLLAR and the UNITED STATES OF AMERICA are spread along the flange .
1883 Morgan Silver Dollar Condition
The best option to determine 1883 Morgan silver dollar measure is to check its condition. Examining the coin surface closely and thoroughly is necessary for judging the clothing level that importantly affects the final price .
1883 Morgan silver dollar value by USA Coin book | ||||
Quality | 1883 | 1883 S | 1883 O | 1883 CC |
Good | $28 | $27 | $27 | $71 |
Very good | $34 | $33 | $33 | $82 |
Fine | $39 | $39 | $39 | $96 |
Very fine | $45 | $45 | $45 | $116 |
Extra fine | $48 | $63 | $47 | $138 |
About uncirculated | $51 | $163 | $50 | $165 |
Mint state 60 | $60 | $834 | $60 | $236 |
Mint state 65 | $243 | $55,717 | $200 | $576 |
Proof 63 | $3,144 | / | / | / |
arsenic soon as you find the mint scar and see if the year of production is visible, you need to look over the details. According to the results, you can classify your coin into a few categories, including :
Uncirculated 1883 Morgan silver dollar
only a coin that was never in circulation can be in this group. It looks fresh, with natural tone and without any signs of wear .
The important places to check are below the Liberty ’ south eye, on the highest function of her impudence, and her kuki ’ south front. You need to find the delicate texture on the surface with an original glow .
Extra fine 1883 Morgan silver dollar
such a coin is slightly wear but even aggressively defined. Details are still abundant and highly fine. You should check the hair behind Liberty ’ second left ear and the blossoms above it. flush though this coin is lovely and desirable, you can see the first signs of wear in these parts .
Fine Morgan silver dollar
The mint used in everyday life sentence for a while will lose some details on the surface. Liberty ’ south hair is chiefly merged in such a case, and you can see only the most profound lines. additionally, wheatears and blossoms have become outlines, but not all the details are wholly lost .
Good Morgan silver dollar
As a solution of heavy wear, the entire invention is reduced to alone a few elements. It is an extensively break coin without most details, sol familiarity looks like an outline in low relief. If you can notice only a few planate hair curls behind her ear, it will reduce your coin measure to the monetary value of the silver it contains .
1883 Morgan Silver Dollar Types
You can find many 1883 Morgan silver dollars on the current market, including those with high grades and even uncirculated pieces. Interestingly, even MS-65 coins are not rare like Morgans minted in other years .
1883 Morgan silver dollar without a mint mark
1883 Morgan silver dollar with a font value of $ 1 contains 90 % silver and 10 % copper. Its total weight is 0.859 troy ounces ( 26.73 thousand ) with a silver weight of 0.77344 troy ounces ( 24.05 gigabyte ). only silver medal this coin contains is worth $ 18.72. The finest known mint minted this year is MS 68 .
Since its diameter is 1.5 inches ( 38.1 millimeter ), there is enough position for details and reeding, while both the obverse and reverse are decorated with denticles .
One of 12,291,039 Morgan silver dollars minted in Philadelphia in 1883 without a batch mark reached an impressive $ 49,938 at auction .
Keep in heed that this mint besides produced 1,039 proof Morgan silver dollars. They are rare and expensive, so you can expect to get $ 3,000 if you have one .
1883 Morgan silver dollar value by Gainesville coins | ||||
Quality | 1883 | 1883 S | 1883 O | 1883 CC |
Very fine | $36 | $36 | $36 | $150 |
Extra fine | $38 | $68 | $38 | $169 |
About uncirculated | $45 | $292 | $45 | $182 |
Mint state 61 | $59 | $1,310 | $59 | $292 |
Mint state 63 | $81 | $2,310 | $68 | $306 |
Mint state 65 | $165 | $28,800 | $159 | $310 |
Auction record | $49,938 ( MS 68 ) |
$74,750 ( MS 67 ) |
$60,000 ( MS 68 ) |
$80,500 ( MS 68 ) |
1883 CC Morgan silver dollar
The Carson City mint produced precisely 1,204,000 Morgan silver dollars in 1883, but it is estimated that lone about 72,000 survived after melting 270 million Morgan silver dollars under the Pittman Act of 1918 .
many of these coins were 1883 CC Morgan silver dollars, making them pretty rare. The finest know pieces are MS 68, and one of them reached an auction read of $ 80,500 .
Most 1883 CC Morgan silver dollars ended up in the Treasury Department vaults in Washington, DC. After spending years there, they were sold at auctions from the 1970s to the 1980s .
therefore, numerous coins are in excellent condition, and most are graded MS 65 or better. Most crazy West mint admirers look for this piece to include it in their collections .
1883 Morgan silver dollar value by JM Bullion | ||
Coin | Extra fine quality | Uncirculated quality |
1883 Morgan dollar | $39 | $41 |
1883 S Morgan dollar | $53 | $140 |
1883 O Morgan dollar | $39 | $41 |
1883 CC Morgan dollar | $120 | $145 |
1883 O Morgan silver dollar
In 1883, the New Orleans mint produced 8,725,000 Morgan silver dollars with a mint punctuate on the coin reverse side, below the wreath .
many of these coins have no damages, and experts estimate that over 10,000 MS 65 or higher degree coins survived. The finest-known coin with MS 68 rate reached an auction record of $ 60,000 .
unfortunately, a typical mint will probably have an unsatisfactory luster and strike. The mint often used exhausted dies, therefore coins made on them are granulated with visible metallic element flow lines .
Since you can find numerous 1883 O Morgan silver dollars available on the commercialize, it is better to choose a well-struck mint since it is more valuable .
1883 Morgan silver dollar value by CoinStudy, 9/6/2021 | ||||
Coin | Quality | |||
Good | Fine | Extra fine | Uncirculated | |
1883 Morgan dollar | $23.5 | $23.5 | $26 | $47.5 |
1883 S Morgan dollar | $23.5 | $27 | $36.5 | $732 |
1883 O Morgan dollar | $25 | $26 | $28.5 | $47.5 |
1883 CC Morgan dollar | $62 | $73 | $94 | $154 |
1883 S Morgan silver dollar
even though the San Francisco mind produced 6,250,000 of Morgan silver dollars in 1883, they are a condition rarity. Most coins of this date were in practice, and only a low come appeared from Treasury vaults in the period from 1962 to 1964 during the Morgan dollar disbursements .
unfortunately, many of these coins were melted according to the 1918 Pittman Act. Since the surviving ones were roughly treated in the San Francisco mint vaults, the most coarse 1883 S Morgan dollars are in the MS 62 or MS 63 grade .
Uncirculated Morgan silver dollars above MS 65 are reasonably expensive, and it is practically impossible to find them for less than $ 20,000. Take care to pick out the certified mint to avoid fraud.
1883 Morgan Silver Dollar Sextupled Star
You can find only one atypical diverseness of this coin, the alleged sextupled ace type. It contains a hardly visible erroneousness on the stars placed on the right side of the date .
only experts can notice shelves under the stars showing that doubling occurred six times, specially if you have a coin spending a long prison term in circulation. Another bless is a minor die crack between the Liberty neck ’ s boundary and the number 1 or the numbers 1 and 8 in the date .
Summary
You can promptly determine an 1883 Morgan silver dollar price based on the mint where it was produced and coin condition. Its minimal value is $ 23.4, but some collectors will pay a small luck for the rarest ones in excellent condition. The most valuable are 1883 CC Morgan silver dollars in eminent grade .