San Francisco's Morgan outputs fell dramatically during the mid-1880s. This 1883-S issue is the toughest to find among the first six S-Mint Morgans of the series. The price difference between this issue in mint-state and one-step lower AU is significant — an average BU specimen retails for $2,750! You'll pay a fraction of that for one-step lower About Uncirculated quality.
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This is a nice coin, but perhaps a bit overpriced. The mint luster on the actual coin seemed less than in the picture. Definitely AU details but probably closer to AU50 than AU55.