Photo Credit: CK Collection

1883 Morgan Dollar

Dollars · Morgan Dollars · 1878–1921
Weight 26.73 grams
Diameter 38.1 mm
Mint Philadelphia
Mintage 12,691,000
Edge Reeded
Alignment ↑↓ Coin
Composition 90% Silver, 10% Copper
Melt Value $65.77 (spot as of )
Designer George T. Morgan
Collector's Key IDCK-4664
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About this coinHistory

The 1883 Philadelphia, at 12,691,000 pieces, ran one of the larger P-mint Morgan Dollar outputs of the mid-1880s and continued the Bland-Allison Act production schedule that Treasury had sustained since 1878. The 1883-P carries the standard Reverse of 1879 hub configuration with no major sub-varieties anchoring the year's specialist collecting. Philadelphia's share of the year's four-mint output remained the largest individual mint contribution, and the date sits among the most-available Mint State Morgan Dollars across the entire series because of the high mintage and the broad post-1962 Treasury bag-release distribution that flooded the modern collector market with high-grade certified inventory.

Strike quality on the 1883 Philadelphia is consistent with mid-1880s P-mint work. Liberty's hair detail and the eagle's central feathers come up cleanly on most coins from early die states. Most surviving examples grade MS62 to MS65 from broken Treasury bag releases, with PCGS, the Professional Coin Grading Service, and NGC populations clustering at MS63 and MS64. MS65 examples are widely available, and the 1883-P is one of the easier Morgan Dollars to acquire in upper-Mint-State grades at modest cost. Various Van Allen-Mallis varieties exist but most do not command material premiums outside the specialist VAM collector demand that anchors the documented Top 100 listings for the standard Morgan reference framework.

The 1883 Philadelphia is a regular common date and a standard entry-grade Morgan Dollar pickup. Pricing has held flat for two decades at the lower end of the series price band, tracking the broader 1879-1885 P-mint common-date baseline that defines the abundant mid-decade pickups. The 1883-P pairs with the 1882-P and 1884-P as the mid-1880s P-mint trio that anchors the common-date Philadelphia profile, with all three available inexpensively from post-1962 Treasury bag-release certified inventory at uniform modest premiums. For the Bland-Allison Act production context and the broader 1880-1884 series history, see the Morgan Dollar series history.

Price GuideTypical retail prices for problem-free examples.
Educational
GradeDescriptionTypical Price
G-4 Good (G) $55–$64
VG-8 Very Good (VG) $59–$68
F-12 Fine (F) $63–$73
VF-20 Very Fine (VF) $65–$75
EF-40 Extremely Fine (EF) $68–$78
AU-50 About Uncirculated (AU) $70–$81
MS-60 Uncirculated (MS) $83–$96
MS-63 Choice Uncirculated (MS)

This table is for educational purposes only and is intended to illustrate general market price trends and pricing steps between grades. Actual market conditions may vary significantly, especially for rarer pieces that often command premiums above the ranges shown here.

Other Varieties & References
Details
Key Varieties

No major varieties are known for this issue.

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