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1893-S Morgan Silver Dollar obverse
1893-S Morgan Silver Dollar reverse
obverse · reverse inset
Morgan Silver Dollar· 1878–1904, 1921#2 lowest mintage of 8 key dates

1893-S Morgan Silver Dollar Value

1893-S Morgan silver dollar value guide -- the King of Morgan key dates, real mintage, and current price estimates.

Circulated to uncirculated
$5,664to$726,546

Condition drives the price — full breakdown below.

Year
1893
Mint
S · San Francisco
Composition
90% silver, 10% copper
Mintage
100,000
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Value by condition

Typical circulated
$5,664
Uncirculated (low)
$231,705
Uncirculated (high)
$726,546
Worn128× spreadGem uncirculated
$5,664$726,546

Note: a full grade-by-grade breakdown for this coin is still being compiled.

How rare is it?

100,000 struck — against the other key dates in the Morgan Silver Dollar series.

1895880
1893-S100,000
1889-CC350,000
1878749,500
1884-CC1,136,000
1903-O4,450,000
19016,962,000
192144,690,000

Bars are scaled to keep the smallest mintages visible; the exact figure is printed on every row. Mintage is coins struck, not coins surviving — melting and circulation wear thin those numbers further.

Why it matters

01

The single most famous key date in the entire Morgan series -- the lowest mintage (100,000) of any regular-issue Morgan dollar.

02

A PCGS MS65 example sold for $646,250 at a Legend Rare Coin Auction in October 2014, a record at the time.

03

PCGS CoinFacts estimates roughly 9,948 survive across all grades combined.

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Live listings matching the 1893-S Morgan Silver Dollar

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Other dates and varieties in this series

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Buying a 1893-S Morgan Silver Dollar

What to check before you pay, specific to this date and its 100,000-coin mintage.

  1. Read the grade before the price

    The same date runs from about $5,664 worn to $726,546 at the top of the scale — a 128× spread. Nearly all of that gap is condition, not the date on the coin, so work out where an example sits on the table above before deciding whether its asking price is fair.

  2. Look hard at the S mint mark

    Every figure on this page depends on that S. The same year from another mint is a far more common coin, which is exactly why added and altered mint marks are the usual way this date gets faked. Ask for a close-up of the mark itself — a listing title claiming it is not evidence.

  3. At this price, buy it certified

    A PCGS or NGC holder settles authenticity and grade in one go, which is most of what you're actually paying for at this level. The premium it adds is small next to the cost of being wrong about either.

  4. Compare sellers, not price guides

    Every Morgan Silver Dollar listed here is priced by an individual seller, so the same coin in the same grade can differ by a wide margin on any given day. Sort by price, check Metal Points and order history for a sense of the seller's record, and message them if the photos don't show enough to grade confidently.

Common questions

About the 1893-S Morgan Silver Dollar

How much is a 1893-S Morgan Silver Dollar worth?

A typical circulated example brings around $5,664, with uncirculated examples ranging from $231,705 to $726,546.

What makes the 1893-S Morgan Silver Dollar valuable?

The single most famous key date in the entire Morgan series -- the lowest mintage (100,000) of any regular-issue Morgan dollar.

Should I get it professionally graded?

For anything you believe is a key date or an error, professional grading protects both buyer and seller by settling condition and authenticity before money changes hands.

Other Morgan Silver Dollar key dates

The rest of the series, with what each is worth at the top of the grade scale.


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