1883 Silver Dollar
Peace silver dollars were a relatively short series of U.S. Coins to collect, and therefore there is usually a pretty good demand for them. If you want to get paid top-dollar for your Peace dollars, you need to sort and organize your coins so the coin dealer can quickly see what you have.
1883 Silver Dollar Coin
The 1883 Morgan silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
- The GSA holding of 1883-CC silver dollars totaled 755,518, or 62.75% of the original mintage. Nearly all 1883-CC Morgan Dollars are well struck with very attractive luster, sometimes proof like or deeply mirrored. Many examples will be encountered in the GSA holders. 1883-CC Morgan Dollar Mintage and Specifications. Mintage: 1,204,000.
- 1883 Morgan Silver Dollar Value Your 1883 Morgan silver dollar value is a minimum of $27.88. Many are worth a premium due to collector demand often raising them far above silver bullion value. Finding higher value in the always popular Carson City minted dollars continues with those dated 1883, have a quick look at the chart.
- Only 1 available and it's in 1 person's cart 1883 Morgan Dollar in fine condition. Made of 90% silver.
- 1883-o New Orleans morgan silver dollar ngc ms-63 Lincoln highway hoard. 1d 15h left (12/11, 04:54 PM) 5 bids. +$3.89 shipping.
Specifications
Type: Morgan Silver Dollar
Year: 1883
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $21.07
The US minted the 1883 silver dollar with no mint mark and also the 1883 CC silver dollar, 1883 O silver dollar, and 1883 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
| Series | Location | Quantity Minted |
|---|---|---|
| 1883 | Philadelphia | 12,290,000 |
| 1883 CC | Carson City | 1,204,000 |
| 1883 O | New Orleans | 8,725,000 |
| 1883 S | San Francisco | 6,250,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $21.07 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.25 per ounce.
The 1883 silver dollar with no mint mark is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $50 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $150.
The 1883 CC silver dollar is worth around $100 in very fine condition. In extremely fine condition the value is around $125. In uncirculated condition the price is around $210 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $365.
The 1883 O silver dollar is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $45 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $120.
The 1883 S silver dollar is worth around $30 in very fine condition. In extremely fine condition the value is around $50. In uncirculated condition the price is around $750 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $30,000.
Proof coins with no mint mark are available and they are each valued at around $3,000 in PR 63 condition. There were 1,039 proof coins minted.
Click here to search for 1883 silver dollars on Amazon.
Grading System
Very fine- About two thirds of Liberty's hair lines from above her forehead her ear are visible.
Extremely fine- Liberty's hair lines and ear look strong.
MS 60 Uncirculated condition- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 65 Uncirculated condition- There is strong luster and eye appeal. A few light contact marks are present but they are barely noticeable.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
See also:
1884 Silver Dollar
1882 Silver Dollar
1881 Silver Dollar
CoinTrackers.com has estimated the 1883 Morgan Silver Dollar value at an average of $31, one in certified mint state (MS+) could be worth $185. (see details)...
Type:Morgan Silver Dollar
Year:1883
Mint Mark: No mint mark
Face Value: 1.00 USD
Total Produced: 12,290,000 [?]
Silver Content: 90%
Silver Weight: 0.7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $31, while one in certified mint state (MS+) condition could bring as much as $185 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1883, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: MS-65 Morgans (P) are some of the more affordable 1883 silver dollars.
Morgan Silver Dollar 1883 O
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $9.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1883 No mint mark is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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1883 Silver Dollar Coin Value
**When we say that 12,290,000, of these coins were produced or minted in 1883 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
1883 Silver Dollar Value No Mint Mark
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Carson City Uncirculated Silver Dollar 1883
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