Value of 1883-S Silver Morgan Dollar

Value of 1883-S Morgan Silver Dollar

Compared with the earlier selections of numismatically available Morgan dollars from the San Francisco Mint, the 1883-S Morgan Silver Dollar is very difficult to find, especially at higher Mint State levels. Bagmarks are a significant problem with 1883-S dollars, as they must have been stored and handled roughly. In lower grades the 1883-S is plentiful, but at higher levels it is both elusive and worth a good deal of money. Most examples usually have a strike that is above average to sharp. Luster ranges from medium frosty to deep, very pleasing to the eye. No proofs of this $1 silver coin were produced.
Circulated Examples of the 1883-S Morgan are Common in Low Grades Only: Most of the mintage went into commercial channels at the time of striking. All grades are available with EF and AU located with regularity; anything finer than that and “rare’ becomes the operative word.
High Mint State Grades Likely Won’t be Found, But Keep An Eye Out: In MS-60 to 62 there is a steady supply of this date, but at MS-63 the rarity factor sets in. MS-64 coins are about as nice as can be found nowadays, though a small number of finer pieces exist to tempt high rollers in the Morgan dollar discipline. Look for a Mint State-63 with not too many bagmarks and a decent strike and your Morgan dollar collection will be greatly enhanced.

The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1883.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; S.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.

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