The 1883-O Morgan Silver Dollar in Brilliant Uncirculated (BU) condition is a highly collectible coin from the New Orleans Mint, featuring the iconic design by George T. Morgan. This coin contains about 0.7734 ounces of pure silver and measures 38.1 mm in diameter, with a reeded edge. The obverse displays a detailed portrait of Lady Liberty wearing a Phrygian cap, crowned with a laurel wreath, surrounded by 13 stars and inscriptions like “LIBERTY” and “E PLURIBUS UNUM.” The reverse features a heraldic eagle clutching an olive branch and arrows, with inscriptions including “UNITED STATES OF AMERICA,” “ONE DOLLAR,” and “IN GOD WE TRUST”.
This particular coin from 1883 is notable because it was struck at the New Orleans Mint, identified by the “O” mintmark. Its vintage status, combined with its high grade and excellent condition, makes it one of the more desirable Morgan Dollars among collectors. Many are sought after for their historical significance and beautiful design, especially in uncirculated condition where they display vibrant luster and sharp details, often with attractive toning, including rainbow or pastel hues from age and environmental exposure.
The value of a well-preserved, original 1883-O Morgan Dollar can vary, but in BU condition, it generally ranges from $100 to several hundred dollars, depending on eye appeal, condition specifics, and whether it possesses original toning or minimal marks. Since it’s a key date from the New Orleans Mint and part of a highly popular series, it remains a prized piece for both beginner and advanced collectors.
In summary, the 1883-O Morgan Silver Dollar in BU condition is a distinctive, high-grade collectible that embodies the rich history of 19th-century American coinage, carrying historic and aesthetic value for collectors of Morgan Dollars and American silver coins overall. Its vibrant toning and full detail make it a very desirable piece.