1883 Silver Dollar Coin Value: How Much Is It Worth?
Do you have an 1883 silver dollar in your coin collection? If so, what is the estimated value of this coin? Well, if you don’t know, don’t worry – we’ve got you covered.
In this blog post, we will take a look at the history and features of the 1883 silver dollar. We will also explore the obverse and reverse of this coin, as well as some errors and variety of coins. And of course, we will also give you a ballpark estimate of the value of an 1883 silver dollar in different condition grades.
Ready to learn more? Let’s get started!
1883 Silver Dollar Value Chart |
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| Mint Mark | Good | Fine | Extremely Fine | Uncirculated |
| 1883 No Mint Mark Silver Dollar | $28 | $39 | $48 | $60-$243 |
| 1883 S Silver Dollar | $27 | $39 | $63 | $834-$55,717 |
| 1883 O Silver Dollar | $27 | $39 | $47 | $60-$200 |
| 1883 CC Silver Dollar | $71 | $96 | $138 | $236-$576 |
| 1883 Proof Silver Dollar | / | / | / | $3,144 |
1883 Silver Dollar Value Guides
This impressive silver dollar has probably caught your attention by now. Since we have explored the history and features of the 1883 silver dollar, let’s take a look at how much this coin is valued today.
1883 No Mint Silver Dollar Value
The 1883 silver dollar with no mint mark is from the Philadelphia location of the US Mint.
This rare and wonderful coin is worth quite a bit, regardless of the grade. In good condition, it can be worth around $28. In fine condition, it can be worth around $39.
In extremely fine condition, it can be worth around $48. And an uncirculated coin can bring in $60 to $240+!
1883 CC Silver Dollar Value
The 1883 CC silver dollar is also rare and valuable, more so than the Philadelphia-minted coins. It was minted at the Carson City US Mint, which is in Nevada, where the silver was originally mined.
In good condition, it can be worth around $71. In fine condition, it can be worth about $96. In extremely fine condition, it can be worth about $138.
Impressively, an uncirculated 1883 CC silver dollar coin can bring in upwards of $236 to $576, depending on how nearly perfect the condition is!
1883 O Silver Dollar Value
The 1883 O silver dollar has a slightly lower value than the other two coins. However, it is still considered to be quite rare and valuable.
In good condition, it can be worth around $27. In fine condition, it can be worth about $39. In extremely fine condition, it can be worth about $63.
And lastly, an uncirculated coin can attract a price of $60 to $200.
1883 S Silver Dollar Value
The 1883 silver dollar with an “S” mint mark is from the San Francisco location of the US Mint.
It is considered to be the most sought after of all the mint mark locations for the 1883 silver dollar. It is rare, and it can fetch a great price in any grade but especially good for uncirculated.
In good condition, it can be worth around $27. In fine condition, it can be worth about $39. In extremely fine condition, it can be worth about $63.
And if you happen to find an uncirculated 1883 S silver dollar coin, you could bring in anywhere from an impressive $834 to as much as over $55,717! Now that is a valuable coin!
1883 Silver Dollar Proofs Value
Lastly, there are the 1883 silver dollar proofs. A proof is a coin created very specially, with high detail and a mirror-like finish, for the sake of collectors. These coins are highly desirable, as they are made with precision and care, and there are not very many of them ever created.
Proofs of the 1883 silver dollar are known to be worth around $3,144, which is definitely nothing to sneeze at!
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1883 Silver Dollar Error
In addition to the regular issues, there were always a few coins that come with some degree of error and variety. The coins produced in 1883 are no exception. These could possibly include off-center coins, re-punched mint mark coins, rotated coins, double struck coins, broadstruck coins, die breaks or cracks, and double die coins.
1883 Off Center Silver Dollar Errors
Off-center coins are coins that were struck off center, meaning the dies were not aligned correctly when the coin was struck. As a result, you will see an area of the design missing (or partially missing) from around the edge of the coin.
These types of errors can be worth a lot, depending on how misaligned the image is, ranging anywhere from tens of dollars to a few hundred dollars, generally. One very off-centered coin even sold online for $6,900!
1883 Re-punched Mint Mark Silver Dollar Errors
A re-punched mint mark coin is one where the mint mark appears to have been punched twice into the die. This can cause a distorted or blurred appearance on some 1883 silver dollar coins. Of course, this is a possible error on all coins except for the Philadelphia-minted coins, as there is no mint mark to punch twice.
1883 Rotated Silver Dollar Errors
A rotated coin error is when one of the faces on the coin is rotated instead of being in the upright position. This can happen when the die is not in the correct position when the coin is struck.
These types of errors are sought after by collectors, as they are both interesting and rare. These coins can be worth anywhere from around $50 or more, depending on the condition of the coin!
1883 Double Struck Silver Dollar Errors
A double struck coin is one that has been struck twice in quick succession by the same die. This results in a slightly doubled image on either side of the coin.
Double struck silver dollars from 1883 have sold for over $1,000 in an online auction. Another one that was both double struck and slightly rotated sold online for $7,000!
1883 Broadstruck Silver Dollar Errors
A broadstruck error is when the coin is struck along the outside perimeter, causing the size of the coin to be slightly larger. An 1883 silver dollar that was broadstruck sold at online auction for over $760!
1883 Die Breaks or Cracks Silver Dollar Errors
On some 1883 silver dollars, you may also find die breaks or cracks. These occur when the die is weakened by repeated use and it eventually splits apart, creating an error in the coin when it is struck. These can go online for a few hundred dollars!
1883 Double Die Silver Dollar Errors
Another type of error is the double die coin. This is a coin that has been struck twice with two dies, resulting in the image itself being doubled on top of the coin. These are rare and result in the image itself being slightly thicker than it would be if the image had been minted once.
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History of 1883 Silver Dollar
First, before we dive into the values of the various mints of the 1883 silver dollar, let’s take a look at this fascinating coin’s historical background.
The 1883 silver dollar was minted in the United States and is a part of the Morgan Dollar series. The Morgan Dollar series were a line of silver dollars designed by George T. Morgan, an Englishman who had immigrated to America in order to work for the U.S. Mint (just as he had worked as an engraver back in England). He is most well-known for his design of the Morgan dollar, which you can see on the 1883 silver dollar.
These coins were produced from 1878 to 1904, and were made from 90% silver and 10% copper. The coins featured Lady Liberty on the obverse side, with an eagle design on the reverse side. We will discuss its striking features in a future section – for now, simply imagine the beauty that a silver dollar in this collection would behold.
As you might imagine, during its period of circulation, the coin had a face value of one dollar, but nowadays, its value is much higher. This is because it is considered to be a very rare and valuable coin today.
It was minted in four locations around the United States: Philadelphia, New Orleans, San Francisco, and Carson City. The 1883 silver dollar came right in the middle of the Morgan Dollar pack – and while it isn’t one of the rarest ones, such as the 1893 or the 1895, they are still worth something.
Many were not saved over time, as well as many were not stored properly. The lack of good storage has made the remaining silver dollars have a poorer condition – so finding an extremely fine condition silver dollar from this era is rare and makes it very valuable.
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How to Identify the 1883 Silver Dollar?
Now let’s take a look at the features of the 1883 silver dollar. Here is the detailed report:
The Obverse of the 1883 Silver Dollar
The obverse side, which is the front side, of the 1883 silver dollar features Lady Liberty. It’s a striking close-up image of her profile, facing left, with her hair flowing freely about her neck and feminine jawline.
She is wearing a softened cap with the word “LIBERTY” inscribed on it, and around the cap’s brim, she wears stalks of wheat, leaves, fruit, and flowers – almost like a crown of sorts. At the time, wheat symbolized prosperity, so it made perfect sense to adorn Lady Liberty’s angelic head with it.
She is also surrounded by thirteen stars representing the original Thirteen Colonies. The date of the minting is at the bottom – 1883 – and the phrase “E PLURIBUS UNUM,” which means “Out of Many, One” arches across the top of the coin above Lady Liberty’s head.
The Reverse of the 1883 Silver Dollar
The reverse side features a bald eagle with his wings spread wide and victorious. The bird holds an olive branch in one talon, which is a symbol of peace, and a cluster of arrows in the other – a symbol of strength and protection.
Above the eagle’s head are the words, “UNITED STATES OF AMERICA” and the words “In God We Trust” directly below that. Below the bald eagle is a curved string of olive leaves, and directly below that is the inscription “ONE DOLLAR”, bulleted by a star on either side. They really are quite the stunning coin.
Other Features of the 1883 Silver Dollar
There are a few other key features of the 1883 silver dollar, such as the metal composition, the mint marks, the weight, and the size. Let’s look at each:
Metal Composition
As we mentioned earlier, this coin is composed of 90% silver and 10% copper. Amazingly, the silver is 412.5 grains of 90% fine silver, mined straight from the United States’ very own land – the silver mines of Nevada.
Mint Marks
The coins were minted in four different locations: Philadelphia (no mint mark), San Francisco (S mint mark), Carson City (CC mint mark), and New Orleans (O mint mark).
Weight and Size
The 1883 silver dollar has a diameter of 38.1 millimeters (or one and a half inches) and a weight of 26.73 grams (or 0.859 troy ounces).
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FAQs
Now that you know more about the 1883 silver dollar and its value, let’s go over some of the most frequently asked questions about this coin.
Where Can I Find a Certified 1883 Silver Dollar?
You can find certified coins through online auction sites such as eBay or through local coin dealers. Make sure you do your research before buying to ensure that the coin is authentic and in the condition you are expecting.
What is the Difference Between a Proof and an Uncirculated 1883 Silver Dollar?
Proof coins are those that were made specifically for collectors, while uncirculated coins are those that were made for circulation.
Conclusion
Overall, 1883 silver dollars are all quite valuable and rare. Mined from the lands in which they fund its people, they contain a rich history and overflow with interesting features
And lucky for all the coin collectors out there, depending on the condition, these coins can fetch impressive prices at auction!
If you come across one of these coins, make sure to get it authenticated by an expert before making any decisions about its value. With proper care and handling, this could be a great addition to your collection!
Have you ever seen an 1883 silver dollar? Let us know all about it in the comments below!