Value of 1895-S Silver Morgan Dollar

Value of 1895-S Morgan Silver Dollar

1895-S Morgan Silver Dollar in Mint State are known to be heavily bagmarked. As a result, the majority of Mint State pieces are in lower MS grades. Finding a piece in MS-63 or finer, with minimum bagmarks, is very special. The strike on circulation coins is typically excellent with rich luster seen on high-grade specimens. There were no proofs produced at the San Francisco mint.
Easy to Find Low Grade $1 Coins, but Higher Grades May Present Difficulty: Some portion of the mintage was sent into commerce early on but finding a nice circulated example, say EF or AU, can present a modest challenge.
An Active Buyer Will be Rewarded When it Comes Time to Purchase: This scarcity remained in hiding in bag quantity (1,000 pieces) at the mint of origin for decades, though the “quantity” was not large. A few bags were paid out in the 1940s and again in the early 1950s. This semi-key date can prove challenging in grades above MS-62 though there should be little difficulty in finding an example if you are actively looking. MS-63 presents a great combination of quality and value, and a well-struck and lustrous specimen will be its own reward.

The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1895.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; S.” 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.

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