1883-S $1 MS(PCGS#7148)

Summer 2026 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

3257

Grade

MS64+

Price

5,124

Lot Description

A brilliant and highly lustrous near-Gem with razor sharp striking detail. Although often overshadowed by the 1884-S, the 1883-S is highly elusive in Mint State in its own right. While the mintage was 6,250,000 pieces, the 1883-S is one of the few Morgan dollars that saw active circulation beginning in the 19th century. Indeed, worn survivors are available with ease. On the other hand, Mint State survivors are scarce in today's market. While many examples emerged from federal holdings in the 1950s and 1960s, these were quickly absorbed by contemporary collectors. No other significant quantities were found apart from a partial bag in the estate of LaVere Redfield. The coins from both the Redfield hoard and the Federal holdings seemed to average about MS-63 in condition. The issue becomes incredibly scarce in Gem, with only about 100 coins known. Nearly in that category, this premium MS-64+ represents the finest in both quality and eye appeal available to most collectors seeking an 1883-S Morgan dollar.