1893-S Morgan Dollar Value

1893-S Morgan Dollar Value

Year – Type
1893 S
1893 S PL
1893 S DMPL

1893-S Morgan Dollar Value Facts:

1893-S Morgan Dollar Value is affected in part by the price of silver, but mostly their value is determined by their mintage (survival rate), their grade and condition.

The mintage is how many were minted by the United States Mint and survival rate is how many 1893-S Morgan Dollars have survived over the years. Grade is how much wear the coin has sustained during its time in circulation, and grades are from Fair 1 through MS68, so a G4 (Good) 1893-S Morgan Dollar is worth at least $2,250 and one graded MS64 (Mint State) is worth around $300,000.

An 1893-S Morgan Dollar graded value also depends on which grading service certified the coin with PCGS bringing top value and NGC, ANACS and ICG following in that order. Any other grading service holder is usually considered a raw coin by serious coin collectors and the experts.

Collectors should be warned about counterfeits and fakes because they’re numerous and some are dates and mints that never existed; while others can be housed in fake grading holders. You can learn more about fake and counterfeit Morgan Dollars HERE.

Special Notes:

This is the most rare Morgan Dollar, and the most altered date and mint of the series. One should learn the diagnostics for authenticating this before purchasing a raw specimen. Otherwise, buy one that is already graded and authenticated by a top tier grading service. Remember, if you see one, in any grade, being sold for a lot less than $2,000, then be wary of the sale.


There’s a die gouge near the R and T of LIBERTY and this is referred to as the “Rabbit Ears”.


There’s a raised die mark running through the top of the T.


There’s several die scratches, below the Pythagarin Cap, and in the lower portion of the hair.

How to authenticate or identify a real 1893-S Morgan Silver Dollars Link


  • Designer: George T. Morgan
  • Diameter: 38.1 millimeters
  • Metal Content:
      Silver – 90%
      Copper – 10%
  • Weight: 26.73 grams
  • Edge: Reeded
  • Mint mark:
      None (Philadelphia Mint)
      D (Denver Mint – 1921 only)
      S (San Fransisco Mint)
      O (New Orleans Mint)
      CC (Carson City Mint)
  • Mintage
      Business: 100,000
      Proofs: 0

Note: This George T. Morgan creation has become America’s most collected, famous, and abundant silver dollar. Coupled with the coin’s size, silver content, beautiful design and high mintages it’s no wonder it’s coin collectors most favorite coin.

1893-S VAM Values

‘-‘ indicates no coins sold at these grades
¹‘ indicates on Top 100 list
²‘ indicates on Hot 50 list

Short Description

(None in Top 100)