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: $12.52 (12/26/2014)
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: 12/16/2014

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1893 S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 150 190 200 220 280 280 380 420 460 550 725 800 935 1425 2350 9500 55000 - - - -
$ 310 400 450 500 675 800 1000 1175 2050 3800 18800 - - -
1893 S$1 MS Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - 975 1300 2050 3400 13000 - - - - - - - -
$ - - - - - - - - - - - - - -
1893 S$1 MS Deep Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - 18000 26500 - - - - - - - -
$ - - - - - - - - - - - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 4464
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
1/12/2015 MS 65   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(5), 1216/Lot# 6060
1/12/2015 MS 63   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 10980


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/22/2008 PCGS MS 65   Teletrade Auction 2546, 2546/Lot# 2312 $6,720.00
1/31/2010 PCGS MS 63   Goldberg January 31 - February 3, 2010 Pre-Long Beach Coin and Currency Auction, 57/Lot# 1352 $805.00
8/2/2012 NGC MS 62   Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(6), 1173/Lot# 8955 $898.88
9/6/2012 PCGS MS 62   Heritage Auctions 2012 September 6-9 US Coins Signature Auction- Long Beach Session(2), 1174/Lot# 4197 $1,057.50
1/27/2013 PCGS MS 61   GreatCollections GreatCollections Coin Auctions 01/27/2013, 59/Lot# 96947 $762.30
2/17/2013 PCGS MS 64   David Lawrence Rare Coins Internet Auction # 739, 748/Lot# 330 $2,500.00
2/22/2013 NGC MS 62   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 7671 $776.68
6/5/2013 PCGS MS 63   Heritage Auctions 2013 June 5 - 9 US Coin Signature Auction - Long Beach Session(4), 1186/Lot# 5106 $1,351.25
10/14/2013 NGC VF 35   Teletrade Auction 3452, 3452/Lot# 2059 $150.00


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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