1883 Morgan Dollar

About This Coin

The 1883 Morgan Dollar is a United States dollar from the Morgan Dollars 1878-1921 series — 6th of 28 years in the series. In 1883, coins were struck at the Philadelphia, Carson City, New Orleans, and San Francisco Mints with a combined mintage of 28.5 million. This ranks 16th of 28 years by total mintage, above the series median of 28.0 million. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars and the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. Struck during the Gilded Age of rapid industrialization and the great silver debates, when monetary policy shaped elections and economic destiny. Struck in silver, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Collectors have cataloged 231 known die varieties for this date across 3 categories, including repunched date, repunched mint mark, vam variety. Across its variants, estimated values range from $87 to $37K depending on mint mark, grade, and strike type. A notable auction result reached $81K in MS68 grade at Stack's Bowers. Designed by George T. Morgan.