1883 (O) Proof Morgan Dollar

Coin Details

Description

The 1883 (O) Proof Morgan Dollar is a proof dollar struck at the New Orleans Mint, part of the Morgan Dollars 1878-1921 series. With a mintage of 12, this is an extremely rare issue — the lowest mintage among 6 mint variants, representing only less than 1% of total production. 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. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the New Orleans Mint, which operated from 1838 to 1909 and produced coins prized for their historical Southern provenance. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #537400.