Assuming you mean a Morgan silver dollar and not a gold one dollar coin, if the coin is circulated and has no mintmarks, retail value is $26.00-$32.00 depending on how much wear the coin has. The 1883 Morgan is a common date.
One dollar
Assuming the coin is circulated and has no mintmark's, retail values are $29.00-$40.00 depending on the actual grade of the coin. The 1883 Morgan dollar is a very common coin.
A genuine 1883 U.S. trade dollar is worth no less than $700 and quite possibly over $1,000 depending on condition. Note: An actual trade dollar has the Seated Liberty design on the obverse (heads) side and says "120 grains 900 fine" and "trade dollar" on the reverse (tails) side. If one side is only a woman's face, and the other side has an eagle and says "one dollar," then it's an 1883 Morgan dollar, worth about $25.
Retail values for circulated coins are $17.00-$26.00 depending on the grade.
In 1883, a dollar could purchase a variety of goods and services, reflecting the economy of the time. For instance, it could buy a loaf of bread, a dozen eggs, or several pounds of sugar. Additionally, one could afford a ticket for a streetcar ride or a newspaper. Overall, a dollar had significantly more purchasing power in the late 19th century than it does today.
One dollar
Assuming the coin is circulated and has no mintmark's, retail values are $29.00-$40.00 depending on the actual grade of the coin. The 1883 Morgan dollar is a very common coin.
A genuine 1883 U.S. trade dollar is worth no less than $700 and quite possibly over $1,000 depending on condition. Note: An actual trade dollar has the Seated Liberty design on the obverse (heads) side and says "120 grains 900 fine" and "trade dollar" on the reverse (tails) side. If one side is only a woman's face, and the other side has an eagle and says "one dollar," then it's an 1883 Morgan dollar, worth about $25.
Retail values for circulated coins are $17.00-$26.00 depending on the grade.
In 1883, a dollar could purchase a variety of goods and services, reflecting the economy of the time. For instance, it could buy a loaf of bread, a dozen eggs, or several pounds of sugar. Additionally, one could afford a ticket for a streetcar ride or a newspaper. Overall, a dollar had significantly more purchasing power in the late 19th century than it does today.
From your description, you may have an G.S.A. cased 1883-CC coin. Current market value is $190.00-$255.00 for average (MS-60/MS-63) Mint State coins. The 1883-CC issue is one of the more common G.S.A. coins.
July 20, 2009 The 1883 Morgan Silver Dollar was minted in 4 different US Mint facilities; Philadelphia, Carson City, New Orleans and San Francisco. To determine which mint a coin was produced at the mintmark must be located. On the Morgan Dollar the mintmark is located on the reverse [tails] side of the coin just above the letters "DO" in the word "DOLLAR". The letters "CC" indicates the coin was minted at Carson City. The letter "O" indicates the coin was minted at New Orleans. The letter "S" indicates the coin was minted at San Francisco. If there in no letter there, then the coin was minted at Philadelphia and is represented in by 1883-P. Your coin is in "mint condition" also known as "mint state". Mint state condition has 11 levels of grade from MS60-MS70. The values of the 1883 Morgan Dollar in the more common mint state grades are shown in the chart below. Mint State Grades.......1883-P.....1883-CC......1883-O..........1883-S MS62............................$38..........$225.............$38................$1450 MS63............................$50..........$230.............$50................$2500 MS64............................$65..........$280.............$65................$5500 MS65............................$285........$500.............$160..............$36,000
There was one recorded sighting in 1883, in Mexico.
In 1883, the dollar was equivalent to approximately 5 cents. In other words, 5 cents in 1883 had the same buying power as 1 dollar has in 2006. 2006 is the most recent year that this utilities offers. http://www.westegg.com/inflation/
Dollar bills are not always worth one dollar, however one dollar bills are worth one dollar for the sake that 1=1, it is a one dollar bill, and can be exchanged for goods and services.
One dollar.
One dollar is one dollar (1$)