Whitman Expo
An Excessively Rare 1893-S in Gem Mint State PCGS MS-65 CAC
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The 1904 Morgan dollar is not known for particularly good strike quality or luster, and this fact shows in the dearth of Gems, PLs, or DMPLs for this issue. While essentially common up through a grade of MS64, populations drop off dramatically at the MS65 level and in MS66 and MS67 the numbers are very small, rendering this date a real conditional rarity. Of the PLs and DMPLs, the relatively few survivors are mainly known under MS65, though a handful are collectively known in the Gem level. The year 1904 marked the end of the original run of Morgan dollars, which returned for one final production year in 1921.
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:
7598
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1904
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:
1904
Denomination:
$1
Designation:
MS
Mint Location:
Philadelphia
Mintage:
2,788,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7290
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Body: Referring page: http://beta.greysheet.com/prices/item/1904-morgan-silver-dollar-coin-values/gsid/7598 GSID: 7598 Title: 1904 $1 MS
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Coin Value History
1904 $1 MS
Value By Grade
1904 $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS67 |
|
$14,500 | $1,234 |
| MS67 | - | $12,000 | $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
1904 $1 AU58 NGC. CDN: $101.42 Whsle. Bid for NGC/PCGS AU58. Mintage 2,788,650. ...
$119
1904 $1 MS61 PCGS. CDN: $114.42 Whsle. Bid for NGC/PCGS MS61. Mintage 2,788,650. ...
$149
1904 $1 MS64 PCGS. CAC. CAC: 218 in 64, 57 finer (6/26). CDN: $661.25 Whsle. Bid for NGC/PCGS MS64. Mintage 2,788,650. ...
$1,129
1904 $1 MS65 PCGS. CDN: $1,600 Whsle. Bid for NGC/PCGS MS65. Mintage 2,788,650. ...
$1,769
1904 $1 MS63 NGC. CDN: $425 Whsle. Bid for NGC/PCGS MS63. Mintage 2,788,650. ...
$415
1904 $1 MS62 NGC. CDN: $185 Whsle. Bid for NGC/PCGS MS62. Mintage 2,788,650. ...
$195
1904 $1 AU55 NGC. CDN: $95.06 Whsle. Bid for NGC/PCGS AU55. Mintage 2,788,650. ...
$89
1904 $1 MS66+ PCGS. CAC. ...
$26,840
1904 Morgan Silver Dollar. MS-60 (NGC).
$145
1904 Morgan Silver Dollar. Unc Details--Altered Surfaces (PCGS).
$168
1904 $1 VAM-2 -- Cleaned -- ANACS. AU50 Details. ...
$36
1904 $1 VAM-5 Die 2 -- Cleaned -- ANACS Details. XF45....
$41
1904 $1 XF40 NGC. NGC Census: (9/3925). PCGS Population (19/5037). Mintage: 2,788,650. Numismedia Wsl. Price for problem fr...
$55
1904 $1 GSA Soft Pack Fine 12 NGC. NGC Census: (0/3883). PCGS Population (1/4895). Mintage: 2,788,650. Numismedia Wsl. Pric...
$247
1904 $1 AU53 NGC. NGC Census: (16/3611). PCGS Population (30/4513). Mintage: 2,788,650. Numismedia Wsl. Price for problem f...
$50
1904 $1 AU58 PCGS. CDN: $101.42 Whsle. Bid for NGC/PCGS AU58. Mintage 2,788,650. ...
$119
1904 $1 MS61 NGC. CDN: $112.35 Whsle. Bid for NGC/PCGS MS61. Mintage 2,788,650. ...
$129
1904 $1 MS64 NGC. CDN: $575 Whsle. Bid for NGC/PCGS MS64. Mintage 2,788,650. ...
$549
1904 $1 MS65 NGC. CDN: $1,600 Whsle. Bid for NGC/PCGS MS65. Mintage 2,788,650. ...
$2,211
1904 $1 MS63 NGC. CDN: $425 Whsle. Bid for NGC/PCGS MS63. Mintage 2,788,650. ...
$415
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