Whitman Expo
An Excessively Rare 1893-S in Gem Mint State PCGS MS-65 CAC
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This exceptionally scarce Morgan dollar is challenging in all grades, and it boasts the lowest mintage of all circulation strikes in the series. It is certainly rare in all uncirculated levels -- the rarest of all regular-issue Morgan dollars in MS. Amazingly, at least one exists in MS67, with only small handfuls available in each of the lower MS grade points.
A few PLs exist, but DMPLs are virtually unheard of. As with any rare coin, one should be extremely wary when buying a raw example as many counterfeits exist -- certainly many more than the real 1893-S Morgan dollar. Buy certified when possible, especially if unsure of the diagnostics used for determining an authentic 1893-S dollar.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
GSID:
7614
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1893
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1893-S
Denomination:
$1
Designation:
MS
Mint Location:
San Francisco
Mint Mark:
S
Mintage:
100,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7226
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Coin Value History
1893-S $1 MS
Value By Grade
1893-S $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS67 |
|
$2,664,000 | $1,234 |
| MS67 | - | $2,220,000 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
| AG2 |
|
$1,234 | $1,234 |
| AG2 | - | $1,234 | $1,234 |
| P1 |
|
$1,234 | $1,234 |
| P1 | - | $1,234 | $1,234 |
Morgan $1 Pre-1921 MS [Type]
![Morgan $1 Pre-1921 MS [Type]](https://images.greysheet.com/ProductImages/DLRC/194xxx/a15b3867-56c4-4feb-9ccd-68ae7da30226.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $43 – $80,000
Morgan $1 Pre-1921 MS PL [Type]
![Morgan $1 Pre-1921 MS PL [Type]](https://images.greysheet.com/ctc/catalog/90o-pl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $60 – $7,800
Morgan $1 Pre-1921 MS DMPL [Type]
![Morgan $1 Pre-1921 MS DMPL [Type]](https://images.greysheet.com/ctc/catalog/84cc-dmpl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $66 – $42,000
Morgan $1 Carson City Mint MS [Type]
![Morgan $1 Carson City Mint MS [Type]](https://images.greysheet.com/ProductImages/DLRC/416xxx/e90065e0-537f-4db8-b2b8-efacd6817cff.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $125 – $50,000
Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]
![Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_4280-3.20200626010427369.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $325 – $5,400
1878 8TF $1 MS
Worth: $48 – $120,000
1878 8TF $1 MS PL
Worth: $200 – $7,800
1878 8TF $1 MS DMPL
Worth: $575 – $27,000
1878 7TF $1 Reverse of 1878 MS
Worth: $43 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $70 – $6,600
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $47 – $26,400
1878 7/8TF $1 Strong MS PL
Worth: $200 – $9,900
1878 7/8TF $1 Strong MS DMPL
Worth: $425 – $30,000
1878 7/8TF $1 Weak MS
Worth: $43 – $3,200
1893-S $1 Fair 2 NGC. NGC Census: 42 in 2, 3945 finer (5/26). CDN: $2,300 Whsle. Bid for NGC/PCGS Fair 2 . Mintage 100,000...
$2,806
1893-S $1 AG3 ANACS. Mintage 100,000. ...
$3,294
1893-S $1 -- Cleaned -- ANACS Details. Good 4 Details. VAM-2. ...
$3,173
1893-S $1 Good 6 PCGS. VAM-1. ...
$4,270
1893-S $1 VG8 NGC. VAM-1. ...
$4,880
1893-S $1 VG10 PCGS. VAM-2. ...
$5,368
1893-S $1 Fine 12 NGC. VAM-2. ...
$6,100
1893-S $1 -- Damaged, Cleaned -- ANACS Details. XF Details. Net VF20. VAM-2. ...
$6,100
1893-S $1 Fine 15 PCGS. VAM-2. ...
$7,930
1893-S $1 VF20 ANACS. ...
$7,930
1893-S $1 VF30 NGC. VAM-2. ...
$8,540
1893-S $1 -- Obverse Lamination -- XF45 NGC. VAM-1. ...
$11,590
1893-S $1 AU50 PCGS. VAM-1. ...
$34,160
1893-S Morgan Silver Dollar. Fine Details--Cleaned (PCGS).
$4,880
1893-S $1 MS63 PCGS. ...
$488,000
1893-S $1 VF25 PCGS. ...
$7,625
1893-S $1 VF35 PCGS. ...
$10,370
1893-S $1 AU53 NGC. ...
$29,280
1893-S Morgan Silver Dollar. AU-55 (NGC).
$45,600
1893-S $1 AU58 NGC. The rarity of the 1893-S Morgan dollar in Mint State is one of the more well known truths of the series...
$78,000
Greysheet News
The King of Morgan Dollars Comes to GreatCollections
7/30/2026
Distinctive Morgan Dollars Lead Heritage's July Attractively Toned U.S. Coins Showcase Auction
Demand for eye-appealing and premium quality coins pushes Heritage Auctions' July 20 event over $237,000.
7/27/2026
1888 Proof Double Eagle Leads Heritage's Summer FUN U.S. Coins Auction to $12.4 Million
1861-S Paquet Double Eagle, rare 1930-S Indian Eagle and early U.S. gold also rank among July 16-18 event highlights.
7/24/2026
Events
Heritage Auctions: US Currency Tuesday Select Auction
Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: World Paper Money Tuesday Select Auction
Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Location: Heritage Auctions
Wednesday, June 3, 2026