1893-S Morgan Dollar


1893-S Morgan Dollar

Circulation Mintage: 100,000
Obverse Text: 1893 | LIBERTY | E PLURIBUS UNUM
Reverse Text: UNITED STATES OF AMERICA | ONE DOLLAR | IN GOD WE TRUST | S

Guidelines for Collecting:

The 1893-S is a very popular and highly desirable date in the Morgan dollar series. Its mintage of 100,000 coins signals the lowest circulation strike production figure among Morgan dollars. A word of caution regarding the potential of encountering a fake; avoid any 1893-S that has not been certified by a leading service, and avoid offerings of uncertified coins from an “old estate” or supposedly inherited collection. Strike quality is sharp, with even worn pieces are apt to have good detail. Luster is usually rich and deep on Mint State examples—when they can be found.

Availability in Circulated Grades:

Strangely enough, most circulated examples of the date are VF or so; lesser and finer grades can be obtained but all are moderately scarce. This date saw regular commercial use in the era it was issued. No matter the grade, AG to AU, there is seemingly always a buyer for an example of this rarity. We suggest a problem-free VF example is the way to go for budget-conscious collectors.

Availability in Mint State Grades:

One of the great keys in the series in any Mint State grade, the 1893-S is the most important of all Morgan dollars struck for circulation. The entire mintage of the date was delivered in January of the year and most went into commerce. Not surprisingly, this date was not greatly represented in the Treasury releases of the early 1960s. MS-60 to 62 grades can be found with a modicum of difficulty, but above that level it’s a mid-five figure coin and is even more valuable in MS-64 and higher. If you’d like a gem example of the date, be prepared to spend well into six figures if you can locate a specimen.

Availability in Proof:

None produced.

View 1893-S Morgan Dollar Auction Results

The example to the left was sold by Stack's Bowers Galleries in the Spring 2022 Showcase Auction, where it realized $78,000.

1893-S Morgan Dollar Auction Highlights

1893 san francisco mint morgan silver dollar value

1893-S Morgan Dollar
PCGS MS-65, CAC

Sold for $600,000
 
View Lot 6362
1893 s mint morgan dollar price guide value

1893-S Morgan Dollar
PCGS UNC Details

Sold for $96,000
 
View Lot 1219
key date 1893 s morgan dollar value guide

1893-S Morgan Dollar
NGC AU-58

Sold for $78,000
 
View Lot 3058

 

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