Value of 1893 Silver Morgan Dollar

Value of 1893 Morgan Silver Dollar

Among Philadelphia Mint dollars, the 1893 Morgan Silver Dollar is one of the more elusive issues in Mint State. Worn examples are worth good chunks of money, but when found, offer an economical alternative to an Uncirculated 1893. Circulation strike coins are usually above average, but the Proof strikes of the 1893 dollar are usually lightly struck at the centers. Luster, however, is usually frosty and attractive. Always available in Proof for those interested. Proofs of the date have been called the most poorly struck of all the Proof Morgans. If you desire one, look for full hair details above Liberty’s ear and you’re on the right track.
This 1893 $1 Silver Coin Can Be Hard to Track Down: This modest-mintage date is available in most circulated grades from well-worn to AU, though any of the grades along the way can be considered elusive at the least. A pleasing EF or AU coin is ideal for a circulated Morgan dollar set, though some patience will be required to find just the right piece.
This Rewarding UNC Will Pay Dividends if Found: The date is available in Uncirculated grades but mainly at the MS-60 to 62 levels. At MS-63 and finer grades the date is scarce and not often found in the marketplace. Not many bags of this date have ever been available though a few came to light in the early 1950s and again in the Treasury releases of the early 1960s. Diligence pays off here and a pleasing MS-64 example with a crisp strike and strong luster will be its own reward in your Morgan dollar set.

The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1893.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.

The Morgan Dollar series is very popular among collectors. If you have a Morgan (Liberty) Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to help you. We run rare coin auctions and will find your treasured coin a home where it will be valued. Additionally, if you keep asking yourself: “What is my coin worth” then we invite you to use our online coin price guide. Contact us today to sell your coin!