Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 110,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $12.37 (2/16/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1894 $1 MS obverse 1894 $1 MS reverse
Expand All    Collapse All

Description & Analysis

After the Panic of 1893, the U.S. government repealed the portion of the Sherman Act which called for the Treasury to make large silver purchases and to coin them into silver dollars. Due to this, the mintage of silver dollars at the Philadelphia Mint plummeted in 1894 to only 110,000 pieces (down from over 1.8 million a year before.) This made the 1894 an instant rarity and a key date today. However, it is still generally available in most grades, but it becomes extremely rare in gem.

GRADE SUMMARY

Loading... Working...

Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

There was no data found for this Coin.

Select Designation

 
NGC PRICE GUIDE
NGC CENSUS
AUCTION PRICES REALIZED
NGC REGISTRY
SCORE
FIND IT ON EBAY

Select Grade

Price Guide

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

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 3897
Low Grade: PrAg
Average Grade: 50
High Grade: 65

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.
NGC CENSUS DETAIL Last Updated: 2/11/2019 1894 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base33176139161472240362169265390509612802742211215-----3878
---------------1------1
----------1-1-57------14
-----------------------
Total33176139161472240362169265390510612812742261295-----3893
 1 %5 %4 %4 %12 %6 %9 %4 %7 %10 %13 %2 %7 %7 %6 %3 %0 %----- 
1894 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------1128113--------17
-----------------------
-----------------------
-----------------------
Total-------1128113--------17
 -------6 %6 %12 %47 %6 %6 %18 %-------- 
1894 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1--1------2
-----------------------
-----------------------
-----------------------
Total------------1--1------2
 ------------50 %--50 %------ 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/1/2006 PCGS AU 50   Teletrade Auction 2281, 2281/Lot# 1897 $2,520.00
9/6/2009 NGC AU 55   Goldberg September 6-8, 2009 Pre-Long Beach Coin and Currency Auction, 54/Lot# 2843 $9,085.00
3/24/2010 NGC MS 61   Heritage Auctions 2010 March Fort Worth, TX Signature ANA US Coin Auction #1138, 1138/Lot# 1589 $2,875.00
12/29/2013 PCGS F 12   GreatCollections GreatCollections Coin Auctions 12/29/2013, 170/Lot# 159859 $909.70
6/15/2014 PCGS MS 63   David Lawrence Rare Coins Internet Auction # 808, 817/Lot# 211 $5,251.00
6/3/2014 PCGS   Stack's Bowers June 2014 Baltimore, 6021/Lot# 4408 $734.38
1/29/2015 PCGS MS 64   Heritage Auctions 2015 January 29 - February 1 Long Beach Expo US Coins Signature Auction - Long Beach Session(1), 1217/Lot# 3207 $9,400.00
2/4/2016 PCGS F 15   Heritage Auctions 2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1232/Lot# 7600 $734.38
1/4/2017 PCGS VF 35   Heritage Auctions 2017 January 4 - 9 FUN US Coins Signature Auction - Session(8), 1251/Lot# 10481 $646.25


NGC Registry

NGC Registry Score 1894 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1531162218571985203822102308239625062604347037003942378842495354990412178139141953760429107363
156117001899200220952242233724322538289235463780394239414617687010662127561578833167760730
00000023372432253828923546378039423941461768701066212756157883316700
00000023662469257131813623386139424095498583871142013335176624679800
1894 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base164717421989212421792360246425552671277431603620385674318591110161225413914195372669082580134561
1678182420342142223923942494259327052902331336985047781793991142812807157882192145320999070
000000249425932705290233133698504778179399114281280715788219214532000
0000002524263227393031346637776239820410207118411336017662243056395000
1894 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base145015371762188619362102219722812388248328393264348236284073514595751119712178131121474020486
147916121803190219912133222523162419260129803336353037764430662110115115241248913654166550
00000022252316241926012980333635303776443066211011511524124891365400
00000022532352245127203122340935793924478780981065611851128001419700
Registry Image Gallery
Grade: MS 63
Points: 4073
Owner: Davis Creek Trust
 
Grade: MS 63
Points: 4073
Owner: GauchoDave
 
View the Registry Image Gallery

Related Articles

Counterfeit Detection: How to Know Your 1894 Morgan Dollar Is Real

9/20/2010 — A useful diagnostic on this semi-key date is the ultimate tool of the authenticator.
View full article >


NGC Auction Central Disclaimer