How much are my U.S. 1883-O BM BM dollar worth?

About 1883-O BM BM Morgan Dollars (Proof)

The story behind the 1883-O proof Morgan dollar is the stuff of legend and moreover mystery. Numismatic scholar Walter Breen postulated the 1883-O proof Morgan dollars were made as presentation pieces for officials connected with a celebration of some kind relating to the cotton industry or perhaps having to do with the establishment of Tulane University as the official state university of Louisiana. Yet, neither of these theories have been proven as fact. Whatever the case, about a dozen examples of this branch-mint proof were made and all are thus extremely rare. One example graded PCGS/CAC PR67CAM took $270,250 at a 2013 Heritage auctions sale.

Coin Date: 1883-O
Denom: $1 / Silver dollar
Desg: PR
Mint Mark: O
Mint Location: New Orleans
Coinage Type: Morgan
Coinage Years: 1878-1921
Composition: 90% silver; 10% copper
Strike Type: Proof
Diameter: 38.1 mm
Weight: 26.73 gr
Designer: George T. Morgan
Edge: Reeded
PCGS #: 7346
NGC ID: 27Z9

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All CDN prices are based on proprietary market knowledge and technology developed by CDN Publishing, LLC.

CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.

Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.

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