1883-P Morgan Silver Dollar Very Fine

Product Description

Morgan silver dollar mintages steadily rose in the 1880s, when silver was still pouring out of the great Western mines. But unlike other coins of the day, many Morgans were held in reserve at banks and issuing mints. Vast quantities of these Morgans were later lost in government melts, which makes original mintages very deceiving in relation to the actual number of Morgans now surviving for individual issues. For example, the 1883 Philadelphia Morgan had an original mintage of 12,291,039, but today fewer than 10% of that number are estimated to survive in our Very Fine quality or better.