Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 972
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.53 (8/23/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1894 $1 PF obverse 1894 $1 PF reverse
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Description & Analysis

Due to the rarity of business strike examples of this date, the 1894 proof Morgan dollar is in even higher demand than a normal Morgan proof. With a mintage of only 972 coins, that places a lot of upward pressure on the price. The majority of proof dollars from this date come with no cameo contrast, although NGC has graded a few with the ultra cameo designation.

GRADE SUMMARY

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Price Guide

Last Updated: 6/11/2019

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

1894 $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - 950 1050 1300 1350 1550 1850 2250 2600 2800 3250 4000 5200 7750 12500 17500 38000 - -
$ - - - - - - 3000 3750 4700 6400 9000 14500 20000 -
1894 $1 PF Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 3500 4350 5200 7000 9500 16000 20250 45000 115000 -
$ - - - - - - - 4750 6000 8000 11000 20000 39000 -
1894 $1 PF Ultra Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - 7000 9000 - 17500 35000 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 347
Low Grade: F
Average Grade: 64
High Grade: 68

The chart showing 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, 67 series, 68 series, 69 series.
NGC CENSUS DETAIL Last Updated: 8/20/2019 1894 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---1111-13410829405346392210--269
------------------1---1
-----------------1----1
------------------1---1
Total---1111-13410829405346402410--272
 ---0 %0 %0 %0 %-0 %1 %1 %4 %3 %11 %15 %19 %17 %15 %9 %4 %-- 
1894 $1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-16811715202--71
----------------1-322-8
---------------1--1---2
-----------------------
Total----------1-168128152442-81
 ----------1 %-1 %7 %10 %15 %10 %19 %30 %5 %2 %- 
1894 $1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------22-3----7
-----------------------
------------------1---1
-----------------------
Total--------------22-31---8
 --------------25 %25 %-38 %13 %--- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/28/2004 PCGS PF 64   Cameo Heritage Auctions 2004 January Long Beach Signature Sale #342, 342/Lot# 6383 $4,370.00
7/18/2007 PCGS PF 63   Teletrade Auction 2396, 2396/Lot# 1576 $4,480.00
5/27/2012 NGC PF 62   Cameo Goldberg May 27-31, 2012 The May Pre-Long Beach Auction, 69/Lot# 1454 $2,990.00
10/18/2012 PCGS PF 66   Cameo Heritage Auctions 2012 October 18-21 ANA US Coins Signature Auction - Dallas Session(3), 1175/Lot# 5068 $12,925.00
11/1/2013 NGC PF 67   Cameo Heritage Auctions 2013 November 1 - 3 US Coin Signature Auction - New York Session(2), 1191/Lot# 3777 $12,925.00
2/9/2014 NGC PF 62   Cameo GreatCollections GreatCollections Coin Auctions 02/09/2014, 171/Lot# 141779 $2,872.10
6/27/2014 NGC PF 62   Stack's Bowers June 2014 Baltimore, 6021/Lot# 2226 $2,939.85
7/6/2014 PCGS PF 64   David Lawrence Rare Coins Internet Auction # 811, 820/Lot# 718 $5,500.00
4/22/2015 PCGS PF 60   Heritage Auctions 2015 April 22 - 26 CSNS US Coins Signature Auction - Chicago Session(5), 1219/Lot# 5871 $2,232.50


NGC Registry

NGC Registry Score 1894 $1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base214021982257231723792442250725712638270627752846323835833885443150496248685392341275715488
215922182277233824002464252825932661272927992977335336844067463754496450764710408136670
00000025282593266127292799297733533684406746375449645076471040800
00000025502616268327522822310734683784424948435848665184401158300
1894 $1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base2301236224252489255426202687275628262897297130443288374244314935624864738428104161316317500
232123832446251125762642271027792850292229953125343939724599537363237125909111332146090
00000027102779285029222995312534393972459953736323712590911133200
00000027332803287329463020320735914201476758106398777697531224700
1894 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base16141624163416581753196919892009216123682614280729103126344738854630565664738686967312279
16171627164216901825197619962060223024502678284129823233359341334972592872119015105420
0000001996206022302450267828412982323335934133497259287211901500
0000002002211022992532274328763054334037394382531462017948934400
Registry Image Gallery
Grade: PF 69 CAMEO
Points: 13667
Owner: FloridaFacelifter
 
Grade: PF 68 CA
Points: 10408
Owner: First Strike Society
 
View the Registry Image Gallery

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