Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 21,726,811
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.26 (5/24/2015)
Diameter: 38.1mm
Numismatic specification data provided by Krause Publications NumisMaster.
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1889 S$1 MS obverse 1889 S$1 MS reverse


  
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Description & Analysis

In 1889 the Philadelphia, New Orleans, Carson City, and San Francisco Mints were producing Morgan dollars, with subsidiary silver coins largely ignored. At the four mints, nearly 35 million silver dollars were coined, and more than 33 million of those were struck in Philadelphia and New Orleans. With 21,726,000 struck, the 1889 Philadelphia Mint dollar had the highest annual production of any issue in the entire series from 1878 to 1921. Only the 1922 and 1923 Peace dollars had higher mintages among all silver dollars coined from 1794 to 1935. To understand the size of the 1889 Morgan dollar mintage, consider that all the mints, working together, only produced a little over 20 million silver dollars in total from 1794 to 1875.

Despite the immense mintage, this issue becomes very rare above the MS66 level.

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: 3/17/2015

Click on a price to see historical prices, comparison charts and trends.

1889 S$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 29.00 32.00 34.00 35.00 36.00 40.00 41.00 42.00 43.00 53.00 60.00 70.00 100.00 415 1100 19500 34500 - -
$ 37.00 - - - - - 65.00 75.00 110 750 4500 - -
1889 S$1 MS Prooflike
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 75.00 90.00 175 265 1500 4600 - - - -
$ - - - - - - 115 210 350 1950 - - -
1889 S$1 MS Deep Prooflike
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 90.00 225 370 1075 3500 18250 - - - -
$ - - - - - - - 550 1400 5250 - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 44284
Low Grade: PrAg
Average Grade: 63
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/5/2008 NGC MS 65   Teletrade Auction 2499, 2499/Lot# 1699 $235.20
3/19/2009 NGC MS 62   David Lawrence Rare Coins Thursday - Internet Auction # 349, 355/Lot# 6232 $138.00
1/29/2012 PCGS MS 64   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 866 $149.50
12/16/2012 NGC MS 69   GreatCollections GreatCollections Coin Auctions 12/16/2012, 53/Lot# 87219 $42.00
9/29/2013 NGC MS 65   Heritage Auctions Internet Coin Auction Session(2), 131341/Lot# 25290 $270.25
12/5/2013 PCGS MS 65   Heritage Auctions 2013 December 5 - 8 US Coins Signature Auction - Houston Session(6), 1192/Lot# 8810 $258.50
12/22/2013 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 12/22/2013, 106/Lot# 120637 $125.00
10/3/2014 NGC MS 65   Stack's Bowers iAuction 3502, 6056/Lot# 22173 $258.50


NGC Registry

NGC Registry Score 1889 S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1231311591591631631671671751791792012162302983548652033547883721164421896
1251401591601631641671691761791862062202523165241254318164429462150610
000000167169176179186206220252316524125431816442946200
0000001671721771791932112252753356941643432974071055300
1889 S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base13514317517517917918318319019419423426229851574520093052569686701202422501
13715317517617918018318519119420724327437059111662356393366879788155160
0000001831851911942072432743705911166235639336687978800
00000018318719219422025228644266815872704481476781090600
1889 S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base155163198198201201205205216220588798925127122813697859110550562576872020037779
1571741981992012022052082173426588401040160727535328924410550631211858260590
000000205208217342658840104016072753532892441055063121185800
000000205212218465728882115519443225695998971055069991602900
Registry Image Gallery
Grade: MS 64 DPL
Points: 3697
Owner: Jacek B.
 
Grade: MS 66
Points: 3181
Owner: CT's COINS
 
View the Registry Image Gallery

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