1883-S Morgan Silver Dollar Value
Mintage: 6,250,000
Finest Known: MS67 (NGC) MS67 (PCGS)
Auction Record: $74,750 (MS67)
Image: USA CoinBook
The 1883-S Morgan dollar is another condition rarity. Despite a robust mintage of over 6 million, most silver dollars of this date seem to have circulated. Small quantities emerged from Treasury vaults during the great Morgan dollar disbursements of 1962–1964. It is supposed that many 1883-S Morgans ended up in melting pots to conform with the 1918 Pittman Act.
The Value of a 1883-S Morgan Dollar
The surviving 1883-S Morgan dollars kept in the vaults of the San Francisco Mint were treated roughly. Large numbers of bag marks and abrasions mean that the most common Mint State 1883-S Morgan dollars you encounter will be in the MS62-MS63 range. Otherwise, they have good strikes and nice eye appeal.
The 1883-S Morgan dollar is a date where you will need deep pockets and a will to enter a bidding war to score an uncirculated example above MS65. NGC and PCGS each list two 1883-S Morgans at MS66 and a single coin at MS67.
1883-S Morgan Dollar Price Guide
| Very Fine 25 | Extremely Fine 45 | About Uncirculated 55 |
|---|---|---|
| $36 | $68 | $292 |
| Mint State 61 | Mint State 63 | Mint State 65 | Auction Record (MS67) |
|---|---|---|---|
| $1,310 | $2,310 | $28,800 | $74,750 |
The information on this page does not constitute an offer to buy or sell the coin(s) referred to. Statistics are for Mint State coins only. Proof and prooflike examples of this issue may have greater or lesser "finest known" and different record auction prices.