1893-S Morgan
Price estimates — not financial advice. Values are based on published price guides and recent sales data. Coin grade dramatically affects value. Always verify with a trusted dealer or third-party grading service before buying or selling.
| Grade | Quality | Est. Value |
|---|---|---|
| MS-60 | Mint State | $120,000 |
| MS-63 | Choice Uncirculated | $363,750 |
| MS-65 | Gem Uncirculated | $734,000 |
| About Uncirculated-50 | About Uncirculated | $29,100 |
| Extremely Fine-40 | Extremely Fine | $18,000 |
| Fine-12 | Fine | $5,500 |
| Good-4 | Good | $2,500 |
| Very Fine-20 | Very Fine | $7,118 |
| Very Good-8 | Very Good | $3,800 |
Source: published price guides (USA Coin Book / PCGS). Values are estimates and may not reflect current market conditions.
Melt floor: Prices include intrinsic metal value (0.7734 oz silver). Marked grades are worth more melted than as collector coins.
The undisputed king of Morgan Dollars. Mintage of just 100,000 — the lowest of any business-strike Morgan. Always third-party graded for authenticity; counterfeits and altered dates (1898-S → 1893-S) are common.
The Morgan Dollar is the iconic American silver dollar — struck by every active mint of the era (Philadelphia, New Orleans, Carson City, San Francisco, Denver in 1921 only). George Morgan's Liberty design, modeled after Anna Willess Williams, became the visual shorthand for "silver dollar" in American culture.
1921 marked the end of an era. The Morgan Dollar program, dormant since 1904, was briefly revived under the Pittman Act — a Congressional mandate to recoin 270 million melted silver dollars. December 1921 brought the Peace Dollar. The Morgan was done.
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