1883-O One Dollar PR BM Values

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1883-O One Dollar PR BM Values

Details

The story behind the 1883-O proof Morgan dollar is the stuff of legend and moreover mystery. Numismatic scholar Walter Breen postulated the 1883-O proof Morgan dollars were made as presentation pieces for officials connected with a celebration of some kind relating to the cotton industry or perhaps having to do with the establishment of Tulane University as the official state university of Louisiana. Yet, neither of these theories have been proven as fact. Whatever the case, about a dozen examples of this branch-mint proof were made and all are thus extremely rare. One example graded PCGS/CAC PR67CAM took $270,250 at a 2013 Heritage auctions sale.

Obverse: Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.

Reverse: The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.

Basic Information

GSID:

7884

Coin Date:

1883-O

Denomination:

$1 / One Dollar

Designation:

PR

Mint & Coinage Details

Mint Location:

New Orleans

Mintage:

approx. 12 Struck

Coinage Type:

Morgan silver dollar

Coinage Years:

1878-1921

Composition:

90% silver; 10% copper

Mint Mark:

O

Prefix:

Branch Mint Proof

Physical Characteristics

Fineness:

0.9

Weight:

26.73 gr

Weight:

0.8594 oz

Precious Metal Weight:

0.7734 oz

Strike Type:

Proof

Diameter:

38.1 mm

Coin Shape:

Round

Design Details

Designer:

George T. Morgan

Obverse Lettering:

E PLURIBUS UNUM, LIBERTY, 1883

Obverse Designer:

George T. Morgan

Reverse Lettering:

UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR

Reverse Designer:

George T. Morgan

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