1894 Morgan Dollar


1894 Morgan Dollar

Circulation Mintage: 110,000
Obverse Text: 1894 | LIBERTY | E PLURIBUS UNUM
Reverse Text: UNITED STATES OF AMERICA | ONE DOLLAR | IN GOD WE TRUST

Guidelines for Collecting:

With its relatively low circulation strike mintage, the 1894 dollar has always been popular with collectors. The coin is among the rarest of all Morgan issues to be found in nearly all grades. Striking quality is usually above average in sharpness. Well-struck Proofs sometimes have white and creamy—rather than deep and flashy—luster.

Availability in Circulated Grades:

The 1894 Morgan is a scarce date in any and all grades from AG-3 right up to choice AU-58. A hand-selected problem-free AU would be an ideal coin for a circulated Morgan set; many advanced sets have an AU in place of a Mint State coin.

Availability in Mint State Grades:

The true key date among Philadelphia Mint Morgan dollars, this date can be found in most Mint State grades from MS-60 to MS-64, though finding one presents a nominal challenge—you won’t find dozens of them at a major coin show, for instance, but rather you’ll be fortunate to find one nice example. We like MS-64 for the date, especially a sharp and lustrous specimen; at MS-65 the price is affordable to only a few buyers.

Availability in Proof:

Easily found in Proof format, with most of the surviving specimens affording good cameo contrast and a bold strike. Many collectors appreciate a Proof of the date for their collection because of the high price tag on Mint State coins. Be picky!

View 1894 Morgan Dollar Auction Results

The example to the left was sold by Stack's Bowers Galleries in the June 2020 Showcase Auction, where it realized $26,400.

1894 Morgan Dollar Auction Highlights

1894 philadelphia mint proof morgan silver dollar value

1894 Morgan Dollar
PCGS MS-65, CAC

Sold for $33,465
 
View Lot 3701
1894 proof philadelphia morgan dollar price guide value

1894 Morgan Dollar
PCGS MS-65

Sold for $26,400
 
View Lot 6363
1894 p morgan dollar value guide

1894 Morgan Dollar
PCGS PR-67+, CAC

Sold for $24,000
 
View Lot 1488

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