Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 378,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $20.78 (9/20/2020)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1893 $1 MS obverse 1893 $1 MS reverse
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Description & Analysis

Some 378,000 Morgan dollars were struck in Philadelphia in 1893. This was the eighth lowest mintage for any Morgan business strike, which makes this date rare in its own right. However, both the New Orleans issue and extremely rare San Francisco issue had lower mintages at 300,000 and 100,000, respectively. Carson City actually had the highest mintage of dollars this year, with 677,000 struck.

Due to these extremely low mintages, and the popularity of the Carson City issues, there simply aren't enough 1893-dated coins to go around. However, the 1893 Morgan from the Philadelphia Mint is definitely obtainable even up in the MS63-64 range but the populations fall dramatically in gem.

GRADE SUMMARY

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Price Guide

Last Updated: 7/17/2020

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

1893 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 190 205 220 275 300 390 465 470 650 940 1150 1250 1690 2300 5000 37500 - - - -
$ 325 - - 480 675 - - 1300 1800 3000 12000 - - -
1893 $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - 1000 1200 2250 4000 9000 - - - - - - - -
1893 $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - 2600 5500 9000 18000 26500 - - - - - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 5734
Low Grade: PrAg
Average Grade: 55
High Grade: 66

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 9/15/2020 1893 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base2412910612252931856334241749834339248537736663836----5703
--------------2-------2
---------1---416296-----56
-----------------------
Total2412910612252931856334241749934339248541754692896----5761
 0%2%2%2%9%6%10%6%7%9%6%1%4%9%13%12%2%0%---- 
1893 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------1-612432-1------29
-----------------------
-----------------------
-----------------------
Total-------1-612432-1------29
 -------3%-21%41%14%10%7%-3%------ 
1893 $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------11-----------2
-----------------------
-----------------------
-----------------------
Total---------11-----------2
 ---------50%50%----------- 

NGC Registry

NGC Registry Score 1893 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base1110120612711333139314501505155816091668193622613023502220092860393560897431110473508262675
114212271291135314121468152215751628175720442515368950222292321846536536863619058442790
00000015221575162817572044251536895022229232184653653686361905800
00000015401592164818462152276943555022257635765371698398412707000
1893 $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base50265137525253655481559757165836595860826208633666947251789883198756921111047158265410897072
5063517552895403551956365756587659996124625064556879746680388464890798231264028586684290
000000575658765999612462506455687974668038846489079823126402858600
0000005796591760406166629365747065768281788610905910435142334134700
1893 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base48951556060264274178382991596411101393147216292001259743701001610517110371321219916
49753057461567575579885793110121204141915241753219931886252101831069011762154460
0000007988579311012120414191524175321993188625210183106901176200
0000008138869471061129814451576187723983779813410350108631248700
Registry Image Gallery
Grade: MS 61 PL
Points: 3023
Owner: Mirrored Morgan
 
Grade: MS 64
Points: 2597
Owner: DB Collection
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.