- 1803 Draped Bust Silver Dollar
- 1883 Silver Dollars Value Chart
- 1883 Silver Dollar Value Carson City
- 1883 Silver Dollar Value Morgan Silver Dollar
- 1883 Hawaiian Silver Dollar Value
Coin Info
- The value of an 1883 silver dollar in poor condition is estimated at $31, while a coin in outstanding or mint condition is valued around $185, as of 2015. The overall value of the coin largely depends on the condition of the coin.
- 1883 Morgan Silver Dollar Value Your 1883 Morgan silver dollar value is a minimum of $27.88. Many are worth a premium due to collector demand often raising them far above silver bullion value. Finding higher value in the always popular Carson City minted dollars continues with those dated 1883, have a quick look at the chart.
- Whether you are a year set Morgan Dollar collector or going after one (or more) examples of each date and mintmark combination, the mid-1890s coins such as the 1893 Morgan Silver Dollar present substantial challenges to any collectors due to their high value.
- Such is the case with some 1883-O Morgan dollars, of which a small fraction were released from US Treasury hoard in the 1970s and early 1980s and sold as part of the Great Silver Sale program that originally launched in 1972. 1883-O GSA Morgan dollars are found in both circulated and uncirculated grades and were packaged in soft packs and hard.
USA Coin Book Estimated Value of 1883 Morgan Silver Dollar is Worth $35 in Average Condition and can be Worth $61 to $239 or more in Uncirculated (MS+) Mint.
1803 Draped Bust dollars are scarce coins in every respect, with a low mintage and far fewer survivors left for collectors who desire these coins today. The Draped Bust dollar is undeniably a popular early American coin series, and untold thousands of coin collectors actively seek these old silver dollars today. They’re expensive coins, though this very fact puts them out of reach of most coin collectors who want these classic silver dollar coins.
The entry-level price for an 1803 silver dollar is about $1,000 to $1,200 for a problem-free example in a grade of Good-4. Bargain hunters will find specimens in the $500 to $750 range with problems such as past cleanings, holes, gouges, and serious dings. While these high ticket prices usually suggest most collectors buy just one example of this classic type coin, there are those who seek buying at least two 1803 Draped Bust dollars representing each of the major die varieties noted for the year.
These include the 1803 Small 3 dollar and 1803 Large dollar. Both are priced fairly equally, though there is some evidence to suggest there are more 1803 Small 3 dollars than there are 1803 Large 3 specimens. In all, 85,634 dollar coins were struck in 1803, but there are approximately just 3,200 surviving pieces.
Designed by Robert Scot, the Draped Bust dollar was minted from 1795 through 1804, though officially all dollars that were minted in 1804 were actually dated 1803. Many collectors inquire about the world-famous 1804 silver dollar and its origin. That coin would not come to fruition until some 30 years later, when it was minted as a special strike coin for inclusion in diplomatic proof sets. There were also a variety of restrikes minted shortly afterward.
Other Years From This Coin Series
Latest Blog Posts
Latest Blog Posts
Why a dollar today is worth only 4% of a dollar in 1883
Updated: January 13, 2020$100 in 1883 is equivalent in purchasing power to about $2,578.95 today, an increase of $2,478.95 over 138 years.The dollar had an average inflation rate of 2.38% per year between 1883 and today, producing a cumulative price increase of 2,478.95%.
This means that today's prices are25.79 times higher thanaverage prices since 1883,according to the Bureau of Labor Statistics consumer price index.A dollar today only buys 3.88% of what it could buy back then.
The 1883 inflation rate was -0.98%. The current year-over-year inflation rate (2020 to 2021) is now 1.36%1.If this number holds, $100 today will be equivalent in buying power to $101.36 next year.The current inflation rate page gives more detail on the latest inflation rates.
| Cumulative price change | 2,478.95% |
| Average inflation rate | 2.38% |
| Converted amount ($100 base) | $2,578.95 |
| Price difference ($100 base) | $2,478.95 |
| CPI in 1883 | 10.100 |
| CPI in 2021 | 260.474 |
| Inflation in 1883 | -0.98% |
| Inflation in 2021 | 1.36% |
| $100 in 1883 | $2,578.95 in 2021 |
Buying power of $100 in 1883
This chart shows a calculation of buying power equivalence for $100 in 1883 (price index tracking began in 1635).
For example, if you started with $100, you would need to end with $2,578.95 in order to 'adjust' for inflation (sometimes refered to as 'beating inflation').
When $100 is equivalent to $2,578.95 over time, that means that the 'real value' of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1883 dollars, the chart below shows how $100 is worth less over 138 years.
According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1883 | $100.00 | -0.98% |
| 1884 | $97.03 | -2.97% |
| 1885 | $96.04 | -1.02% |
| 1886 | $93.07 | -3.09% |
| 1887 | $94.06 | 1.06% |
| 1888 | $94.06 | 0.00% |
| 1889 | $91.09 | -3.16% |
| 1890 | $90.10 | -1.09% |
| 1891 | $90.10 | 0.00% |
| 1892 | $90.10 | 0.00% |
| 1893 | $89.11 | -1.10% |
| 1894 | $85.15 | -4.44% |
| 1895 | $83.17 | -2.33% |
| 1896 | $83.17 | 0.00% |
| 1897 | $82.18 | -1.19% |
| 1898 | $82.18 | 0.00% |
| 1899 | $82.18 | 0.00% |
| 1900 | $83.17 | 1.20% |
| 1901 | $84.16 | 1.19% |
| 1902 | $85.15 | 1.18% |
| 1903 | $87.13 | 2.33% |
| 1904 | $88.12 | 1.14% |
| 1905 | $87.13 | -1.12% |
| 1906 | $89.11 | 2.27% |
| 1907 | $93.07 | 4.44% |
| 1908 | $91.09 | -2.13% |
| 1909 | $90.10 | -1.09% |
| 1910 | $94.06 | 4.40% |
| 1911 | $94.06 | 0.00% |
| 1912 | $96.04 | 2.11% |
| 1913 | $98.02 | 2.06% |
| 1914 | $99.01 | 1.01% |
| 1915 | $100.00 | 1.00% |
| 1916 | $107.92 | 7.92% |
| 1917 | $126.73 | 17.43% |
| 1918 | $149.50 | 17.97% |
| 1919 | $171.29 | 14.57% |
| 1920 | $198.02 | 15.61% |
| 1921 | $177.23 | -10.50% |
| 1922 | $166.34 | -6.15% |
| 1923 | $169.31 | 1.79% |
| 1924 | $169.31 | 0.00% |
| 1925 | $173.27 | 2.34% |
| 1926 | $175.25 | 1.14% |
| 1927 | $172.28 | -1.69% |
| 1928 | $169.31 | -1.72% |
| 1929 | $169.31 | 0.00% |
| 1930 | $165.35 | -2.34% |
| 1931 | $150.50 | -8.98% |
| 1932 | $135.64 | -9.87% |
| 1933 | $128.71 | -5.11% |
| 1934 | $132.67 | 3.08% |
| 1935 | $135.64 | 2.24% |
| 1936 | $137.62 | 1.46% |
| 1937 | $142.57 | 3.60% |
| 1938 | $139.60 | -2.08% |
| 1939 | $137.62 | -1.42% |
| 1940 | $138.61 | 0.72% |
| 1941 | $145.54 | 5.00% |
| 1942 | $161.39 | 10.88% |
| 1943 | $171.29 | 6.13% |
| 1944 | $174.26 | 1.73% |
| 1945 | $178.22 | 2.27% |
| 1946 | $193.07 | 8.33% |
| 1947 | $220.79 | 14.36% |
| 1948 | $238.61 | 8.07% |
| 1949 | $235.64 | -1.24% |
| 1950 | $238.61 | 1.26% |
| 1951 | $257.43 | 7.88% |
| 1952 | $262.38 | 1.92% |
| 1953 | $264.36 | 0.75% |
| 1954 | $266.34 | 0.75% |
| 1955 | $265.35 | -0.37% |
| 1956 | $269.31 | 1.49% |
| 1957 | $278.22 | 3.31% |
| 1958 | $286.14 | 2.85% |
| 1959 | $288.12 | 0.69% |
| 1960 | $293.07 | 1.72% |
| 1961 | $296.04 | 1.01% |
| 1962 | $299.01 | 1.00% |
| 1963 | $302.97 | 1.32% |
| 1964 | $306.93 | 1.31% |
| 1965 | $311.88 | 1.61% |
| 1966 | $320.79 | 2.86% |
| 1967 | $330.69 | 3.09% |
| 1968 | $344.55 | 4.19% |
| 1969 | $363.37 | 5.46% |
| 1970 | $384.16 | 5.72% |
| 1971 | $400.99 | 4.38% |
| 1972 | $413.86 | 3.21% |
| 1973 | $439.60 | 6.22% |
| 1974 | $488.12 | 11.04% |
| 1975 | $532.67 | 9.13% |
| 1976 | $563.37 | 5.76% |
| 1977 | $600.00 | 6.50% |
| 1978 | $645.54 | 7.59% |
| 1979 | $718.81 | 11.35% |
| 1980 | $815.84 | 13.50% |
| 1981 | $900.00 | 10.32% |
| 1982 | $955.45 | 6.16% |
| 1983 | $986.14 | 3.21% |
| 1984 | $1,028.71 | 4.32% |
| 1985 | $1,065.35 | 3.56% |
| 1986 | $1,085.15 | 1.86% |
| 1987 | $1,124.75 | 3.65% |
| 1988 | $1,171.29 | 4.14% |
| 1989 | $1,227.72 | 4.82% |
| 1990 | $1,294.06 | 5.40% |
| 1991 | $1,348.51 | 4.21% |
| 1992 | $1,389.11 | 3.01% |
| 1993 | $1,430.69 | 2.99% |
| 1994 | $1,467.33 | 2.56% |
| 1995 | $1,508.91 | 2.83% |
| 1996 | $1,553.47 | 2.95% |
| 1997 | $1,589.11 | 2.29% |
| 1998 | $1,613.86 | 1.56% |
| 1999 | $1,649.50 | 2.21% |
| 2000 | $1,704.95 | 3.36% |
| 2001 | $1,753.47 | 2.85% |
| 2002 | $1,781.19 | 1.58% |
| 2003 | $1,821.78 | 2.28% |
| 2004 | $1,870.30 | 2.66% |
| 2005 | $1,933.66 | 3.39% |
| 2006 | $1,996.04 | 3.23% |
| 2007 | $2,052.89 | 2.85% |
| 2008 | $2,131.71 | 3.84% |
| 2009 | $2,124.13 | -0.36% |
| 2010 | $2,158.97 | 1.64% |
| 2011 | $2,227.12 | 3.16% |
| 2012 | $2,273.21 | 2.07% |
| 2013 | $2,306.50 | 1.46% |
| 2014 | $2,343.92 | 1.62% |
| 2015 | $2,346.70 | 0.12% |
| 2016 | $2,376.31 | 1.26% |
| 2017 | $2,426.93 | 2.13% |
| 2018 | $2,487.43 | 2.49% |
| 2019 | $2,531.26 | 1.76% |
| 2020 | $2,562.49 | 1.23% |
| 2021 | $2,578.95 | 0.64%* |
This conversion table shows various other 1883 amounts in today's dollars, based on the 2,478.95% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1dollarin 1883 | $25.79dollarstoday |
| $5dollarsin 1883 | $128.95dollarstoday |
| $10dollarsin 1883 | $257.90dollarstoday |
| $50dollarsin 1883 | $1,289.48dollarstoday |
| $100dollarsin 1883 | $2,578.95dollarstoday |
| $500dollarsin 1883 | $12,894.75dollarstoday |
| $1,000dollarsin 1883 | $25,789.50dollarstoday |
| $5,000dollarsin 1883 | $128,947.52dollarstoday |
| $10,000dollarsin 1883 | $257,895.05dollarstoday |
| $50,000dollarsin 1883 | $1,289,475.25dollarstoday |
| $100,000dollarsin 1883 | $2,578,950.50dollarstoday |
| $500,000dollarsin 1883 | $12,894,752.48dollarstoday |
| $1,000,000dollarsin 1883 | $25,789,504.95dollarstoday |
Inflation by Spending Category
CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1883 and 2021.
Compare these values to the overall average of 2.38% per year:
| Category | Avg Inflation (%) | Total Inflation (%) | $100 in 1883 → 2021 |
|---|---|---|---|
| Food and beverages | 3.91 | 19,696.52 | 19,796.52 |
| Housing | 4.19 | 28,929.38 | 29,029.38 |
| Apparel | 1.95 | 1,343.57 | 1,443.57 |
| Transportation | 3.17 | 7,308.05 | 7,408.05 |
| Medical care | 4.73 | 58,851.24 | 58,951.24 |
| Recreation | 1.11 | 358.83 | 458.83 |
| Education and communication | 1.85 | 1,157.06 | 1,257.06 |
| Other goods and services | 4.99 | 82,497.36 | 82,597.36 |
The graph below compares inflation in categories of goods over time. Click on a category such as 'Food' to toggle it on or off:
For all these visualizations, it's important to note that not all categories may have been tracked since 1883. This table and charts use the earliest available data for each category.
Inflation rates of specific categories
Medical Care· Housing· Rent· Food· MoreInflation-adjusted measures
S&P 500 price·S&P 500 earnings·Shiller P/EHow to Calculate Inflation Rate for $100 since 1883
1883 Silver Dollars Value Chart
Our calculations use the following inflation rate formula to calculate the change in value between 1883 and today:
Then plug in historical CPI values. The U.S. CPI was 10.1 in the year 1883 and 260.474 in 2021:
$100 in 1883 has the same 'purchasing power' or 'buying power' as $2,578.95 in 2021.
To get the total inflation rate for the 138 years between 1883 and 2021, we use the following formula:
Plugging in the values to this equation, we get:
Comparison to S&P 500 Index
The average inflation rate of 2.38% has a compounding effect between 1883 and 2021. As noted above, this yearly inflation rate compounds to produce an overall price difference of 2,478.95% over 138 years.
To help put this inflation into perspective, if we had invested $100 in the S&P 500 index in 1883, our investment would be nominally worth approximately $19,190,563.32 in 2021. This is a return on investment of 19,190,463.32%, with an absolute return of $19,190,463.32 on top of the original $100.
These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account.
The compounding effect of inflation would account for 96.12% of returns ($18,446,440.34) during this period. This means the inflation-adjusted real return of our $100 investment is $744,022.98. You may also want to account for capital gains tax, which would take your real return down to around $632,420 for most people.
| Original Amount | Final Amount | Change | |
|---|---|---|---|
| Nominal | $100 | $19,190,563.32 | 19,190,463.32% |
| Real Inflation Adjusted | $100 | $744,122.98 | 744,022.98% |
Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1883 to latest available data for 2021 using average monthly close price.
1883 Silver Dollar Value Carson City
For more details on the S&P 500 between 1883 and 2021, see the stock market returns calculator.
News headlines from 1883
1883 Silver Dollar Value Morgan Silver Dollar
Politics and news often influence economic performance. Here's what was happening at the time:
- The first electric lightning system employing overhead wires, is built by Thomas Edison.
- Turkey and Europe are connected by rail; the Orient Express has its first run.
- Brooklyn Bridge is opened by President Arthur and New York Governor Cleveland.
Raw data for these calculations comes fromthe Bureau of Labor Statistics'Consumer Price Index(CPI), established in 1913. Inflation data from 1665 to1912 is sourced from a historical study conducted by political scienceprofessor Robert Sahr at Oregon State University.
1883 Hawaiian Silver Dollar Value
You may use the following MLA citation for this page:“Value of 1883 dollars today | Inflation Calculator.” Official Inflation Data, Alioth Finance, 7 Feb. 2021, https://www.officialdata.org/us/inflation/1883.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.