1883-O Morgan Silver Dollar Value Guide

The 1883-O Morgan Silver Dollar is a significant piece of American numismatic history, struck at the New Orleans Mint following the massive silver influx from the Comstock Lode. Designed by George T. Morgan, this 90% silver coin represents the post-Civil War era's efforts to re-establish the silver dollar as a cornerstone of U.S. commerce.

What Is 1883-O Morgan Silver Dollar Worth?

The typical price range for 1883-O Morgan Silver Dollar is $75 - $80 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The professional grade assigned by ICG, with higher numerical grades commanding the $75-$80 range.
• The presence of original mint luster and the absence of heavy surface abrasions or 'bag marks'.
• The overall strike quality, which can vary significantly among New Orleans Mint issues of 1883.
• Current market demand for certified Morgan Dollars within the $75 to $80 price bracket.

How to Identify 1883-O Morgan Silver Dollar?

• Locate the 'O' mint mark on the reverse side, positioned just above the 'DO' in 'DOLLAR'.
• Verify the 90% silver and 10% copper composition, weighing approximately 26.73 grams.
• Check for the professional ICG (Independent Coin Graders) certification on the protective slab to ensure authenticity.
• Examine the sharp details of George T. Morgan's Liberty head design and the eagle's breast feathers.

History of 1883-O Morgan Silver Dollar

Designed by George T. Morgan, the Morgan Silver Dollar was minted between 1878 and 1904, and again in 1921. The 1883-O was struck at the New Orleans Mint, which played a crucial role in re-establishing the silver dollar as a staple of American commerce following the Comstock Lode discovery.