Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 378,792
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $15.09 (8/30/2014)
Diameter: 38.1mm
Numismatic specification data provided by Krause Publications NumisMaster.
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1893 S$1 MS obverse 1893 S$1 MS reverse


  
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Description & Analysis

Due to the rarity of the famous 1893-S Morgan dollar, all four issues of the year are considered important. In addition to the '93-S, the 1893-O dollar is extremely rare in Mint State grades, leaving only the 1893-P and CC issues for one-per-year collectors, and the Carson City Mint coins have their own loyal following. Compared to these other issues, the 1893 Morgan dollar seems to be somewhat underrated. But make no mistake, this issue is a rarity in its own right, especially in Gem or finer grade.

Only 378,000 examples were coined in Philadelphia during the year, with a total production of fewer than 1.5 million coins at all mints. Five different varieties are recorded in Van Allen-Mallis, all of a minor nature. Regarding distribution of this date, Dave Bowers remarked: "Not much is known about early releases of 1893 Morgan dollars, except that the low mintage attracted numismatic interest. Worn coins were plentiful in bank holdings and in circulation. Some bags were liberated in the early 1950s, by which time the date was numismatically scarce. A few bags came out in 1962-1964, but the issue remained scarce."

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 2/10/2014

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1893 S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 175 190 200 220 275 275 370 410 450 550 725 800 935 1375 2350 8500 50000 - - - -
$ 310 400 450 500 675 800 1000 1175 2050 3800 24675 - - -
1893 S$1 MS Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - 900 1300 1900 3200 9400 - - - - - - - -
$ - - - 1100 1500 2250 4000 11500 - - - - - -
1893 S$1 MS Deep Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - 18000 23500 30000 - - - - - - -
$ - - - - - - 21000 25500 33500 - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 4380
Low Grade: PrAg
Average Grade: 58
High Grade: 66


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
9/6/2014 MS 63   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(3), 1209/Lot# 4807
9/6/2014 MS 62   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 8236
9/6/2014 MS 62   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 8235
9/6/2014 AU 58   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 8233
9/6/2014 AU 58   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 8232


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/7/2005 NGC MS 64   David Lawrence Rare Coins Internet-Only Auction #27, 31/Lot# 635 $1,811.25
7/5/2006 PCGS MS 64   Heritage Auctions 2006 July Dallas, TX Coin Signature Auction #407, 407/Lot# 2907 $1,955.00
9/10/2006 PCGS XF 45   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 317 $253.00
10/24/2010 NGC AU 50   Teletrade Auction 2947, 2947/Lot# 2198 $345.00
3/13/2011 NGC Details AU Details  Heritage Auctions Internet Coin Auction Session(2), 131112/Lot# 26667 $299.00
1/3/2012 PCGS VF 30   Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(10), 1166/Lot# 12197 $195.50
3/10/2013 PCGS AU 50   GreatCollections GreatCollections Coin Auctions 03/10/2013, 65/Lot# 85237 $323.40
12/1/2013 PCGS Genuine XF   Heritage Auctions Internet Coin Auction Session(1), 131350/Lot# 22339 $205.63
7/11/2014 PCGS XF 40   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 6615 $229.13


NGC Registry

NGC Registry Score 1893 S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base48951556060264274178382991596411101393147216292001259743701001610517110371321219916
49753057461567575579885793110121204141915241753219931886252101831069011762154460
0000007988579311012120414191524175321993188625210183106901176200
0000008138869471061129814451576187723983779813410350108631248700
1893 S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1110120612711333139314501505155816091668193622613023502220092860393560897431110473508262675
114212271291135314121468152215751628175720442515368950222292321846536536863619058442790
00000015221575162817572044251536895022229232184653653686361905800
00000015401592164818462152276943555022257635765371698398412707000
1893 S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base50265137525253655481559757165836595860826208633666947251789883198756921111047158265410897072
5063517552895403551956365756587659996124625064556879746680388464890798231264028586684290
000000575658765999612462506455687974668038846489079823126402858600
0000005796591760406166629365747065768281788610905910435142334134700
Registry Image Gallery
Grade: MS 61 PL
Points: 3023
Owner: Brian J1
 
Grade: MS 64
Points: 2597
Owner: K M Lust
 
View the Registry Image Gallery

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