1883 Silver Dollar Value

Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 Silver $26.90

  1. 1883 Silver Dollar Value Today
  2. Silver Dollar Values Chart
  3. 1883 Silver Dollar Value Morgan Silver Dollar
  4. 1883 Morgan Silver Dollar No Mint Mark

Your 1883 Morgan silver dollar value is a minimum of $25.44 . 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. Also, be on the look-out for the San Francisco mintmark, in higher grades its value is beginning to break away from the minimum. Refer to the image below helping find these important mintmarks.

Collecting 1883 silver dollars and including the branch mints is always important to collectors. However the nicer condition coins in this group are scarce and in the 'uncirculated' grade 1883-S San Francisco dollars are very rare. Pictured to the right is an example of just such a treasure, uncirculated, lustrous as if just minted and worth well into the hundreds of dollars.

After scanning the value chart visit both sections covering mintmarks and their locations, and the images and detailed descriptions helping judge condition. Using both arrives at an accurate 1883 Morgan silver dollar value.

Mintmarks do make a difference in value. As collectors assemble sets, most include examples from each of the four mints that produced silver dollars this year. Identified by mintmarks located on the reverse just under the ribbon. Pictured is the 'S' mintmark from the San Francisco mint, also possible is an 'O' New Orleans and the popular 'CC' indicating the Carson City mint. The Philadelphia mint did not place a mintmark on 1883 silver dollars.

1883 Morgan Silver Dollar Values
Condition of Coin
DateGoodFineExtremely
Fine
Uncirculated
1883 Morgan Silver Dollar Values Updated 2/8/2021
1883 $25.44 $25.44 $28.24 $51.74
1883 CC $62 $73 $94 $154
1883 O $27.01 $28.24 $31.15 $51.74
1883 S $25.44 $29.58 $39.67 $732

1883 Silver Dollar Value Today

The 1883-O $1 Morgan silver dollar has a 0.9000 fineness and weighs in at 26.73 grams. It is 31.1 millimeters across and has reeded edges. The obverse features a profile portrait of Liberty, with 'E. Pluribus Unum written along the top and the date of minting along the bottom. Whether you are a year set Morgan Dollar collector or going after one (or more) examples of each date and mintmark combination, the mid-1890s coins such as the 1893 Morgan Silver Dollar present substantial challenges to any collectors due to their high value. For this reason, many coin collectors either intentionally leave out Morgan Dollars from the mid-1890s or simply pursue other types of.

1883 Silver Dollar Making the Grade

Both coins in the image below are valuable 1883-S Morgan dollars. However the one on the right is worth twice the other. Each the same date, both struck at the San Francisco mint, the difference is only a slight amount of wear. Looking closely and comparing the two for a minute it becomes apparent there is more detail of design on one than the other. Remarkably, this is enough detail doubling the value to a collector.

The nice collectible coin on the left grades 'extremely fine' to the right and slightly nicer this coin grades 'about uncirculated.' Close-up as collectors see the coin, one area to examine is the leaves below the cotton blossoms. On the about uncirculated coin the leaves are fuller and give the impression of dimension when compared with flatness of the extremely fine coin. Using the same criteria examine the fine lines in the hair, the cotton blossoms themselves, even the folds in the cap.

With study there are very real differences between the two coins. Subtle differences yes, but as seen by a collector, clearly one coin is a better candidate to add to a collection. Demand and the market for rare coins have identified just how scarce some silver dollars have become in nice condition. It is apparent careful judgment of condition is necessary to accurately value 1883-S Morgan dollars.

1883 Morgan Silver Dollar Value is Conditional

Essential to finding highest accurate coin values is determining condition. By closely examining the surface and judging the amount of wear reflects its 'grade.' Entries in the value chart above are listed under these grade headings. And in the case of your 1883 silver dollar, if struck at a branch mint, many subtle details have a significant role.

Uncirculated: A silver dollar in the 'uncirculated' grade never saw use in commerce. Your coin must not show any signs of wear and retain the look of brand new, often with natural toning that occurs to silver coins. Look for the first signs of abrasion from wear on the highest part of Liberty's cheek below the eye and the front of her chin. Wear to the surface removes the delicate texture of original mint luster leaving these areas dull.

Dollar

Extremely Fine: Slight wear but still sharply defined with abundant detail remaining defines the extremely fine grade. A couple of points to examine, the hair behind the ear and the large cotton blossoms just above. Silver dollars in this condition still retail ample detail but also display evidence of minor wear. Further discussion of this pivotal grade for an 1883 dollar is found below.

Fine: Time in circulation has removed a moderate amount of detail on a silver dollar in 'fine' condition. Large portions of hair have merged with only the deepest of lines showing. Wheat ears above the lettering of 'Liberty' and the cotton blossoms just below are now just outlines. Silver dollars in fine condition give the impression of lost detail but not overly so.

Good: Noticeable, heavy wear has reduced the entire design to just a few elements. A silver dollar with extensive wear is designated as 'good' condition. Wear has removed most detail leaving Liberty as an outline in low relief. Remaining are a few and now flattened hair curls showing behind her neck and ear. In this condition your 1883 Morgan silver dollar value is tied to bullion silver price.

Coin Values CoinStudy Articles

Date by Date
In Depth Morgan Silver Dollar Value
1878 to 1921

1878

1885

1892

1899

1879

1886

1893

1900

1880

1887

1894

1901

1881

1888

1895

1902

1882

1889

1896

1903

1883

1890

1897

1904

1884

1891

1898

1921

Silver dollars are Popular, very Popular… finding a Morgan silver dollar in your box of old coins is finding a coin worth at least $24.55 . Now determine its date, mintmark and condition, refer to the chart and its value is often surprising.

Check all your silver dollar values with the chart. Rising silver prices, increasing demand from both collectors and rare coin dealers is raising the value of your box of old coins.

Coin Values Discovery finds... 1883 Morgan Silver Dollar Value and...

It is an excellent index with images and text links to all coin series, from Cents to Gold. Value charts, grading images and descriptions uncovers 1883 Morgan silver dollar value also all common to rare coin values found in your box of old coins.

Value

Minimum Silver Value - A Good Place to Start

Many of your old US silver coin values are tied closely to the price of silver. Silver dimes, quarters, half dollars and silver dollars are all heavy with 90% silver and worth many times their face value. With today's high value of silver your old coins are becoming surprisingly valuable. Today's Minimum Silver Coin Values

  • 1893 Morgan Silver Dollar
Joshua McMorrow-Hernandez

Coin Info

$21.08
United States
Silver Coin
0.77344 t oz
$1 USD
1,155,792
U.S. Mint
1893

Whether you are a year set Morgan Dollar collector or going after one (or more) examples of each date and mintmark combination, the mid-1890s coins such as the 1893 Morgan Silver Dollar present substantial challenges to any collectors due to their high value. For this reason, many coin collectors either intentionally leave out Morgan Dollars from the mid-1890s or simply pursue other types of Morgan Dollar collections.

Silver Dollar Values Chart

A popular alternative set includes a mint type set, which only requires one Morgan Dollar from each of the mints that struck coins in the series: Carson City, New Orleans, Philadelphia, and San Francisco. The Carson City Mint used a “CC” mintmark, the New Orleans Mint used an 'O', and the San Francisco Mint an 'S”. The main mint in Philadelphia did not use a mintmark. Whatever mint you choose, the values of the 1893 Morgan Silver Dollar start high and only get higher.

1893 Morgan Silver Dollar Mintage Figures

  • 1893: 378,000; $300+
  • 1893-CC: 677,000; $700+
  • 1893-S: 100,000; $10,000+
  • 1893 Proof: 792; $3,200+

If you do decide to pursue collecting any of the 1893 Morgan Dollars, remember that each of the coins listed above are highly counterfeited – and many of the forgeries are quite convincing. For this reason, it is often best to simply buy certified examples of any 1893 Morgan Silver Dollars that you want. Be choosy, as these coins are often very hard to locate even in the lower grades. If you want a higher-grade example, be patient. If you let your coin dealer know that you would like to purchase an 1893 Morgan Dollar, he or she may be able to put a special watch out for that coin and will let you know when one in the grade you want has been located and can be purchased.

1883 Silver Dollar Value Morgan Silver Dollar

Other Years From This Coin Series

1883 Morgan Silver Dollar No Mint Mark

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