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Numismatic News has estimated that there are less than 100 1893-S Morgan dollars in uncirculated condition. The two largest coin grading companies, PCGS and NGC, have graded 47 in higher grades. [7] In 2014 the Eliasberg 1893-S Morgan dollar sold for US$646,250 at auction. It is a Professional Coin Grading Service (PCGS) graded coin in MS-65. [1]
The key date in the Morgan dollar series is the 1893-S Morgan dollar which was struck at the United States San Francisco Mint. With a mintage of 100,000 coins struck, it the lowest mintage of any Morgan Dollar. It is thought that few survived in mint state (MS) because the majority of the coins were in circulation.
Seated Liberty half dollar (1870–1878) Seated Liberty dollar (1870–1873) Trade dollar (1873–1878) Morgan dollar (1878–1885 and 1889-1893) Note: A Seated Liberty dollar was the first coin to be struck at Carson City.
The American trade dollar therefore had to contain more silver, at 420 grains of 90% fine silver, fine content 378.0 grains (24.49 g), or 0.44 g more fine silver than the regular circulation Seated Liberty Dollars and Morgan Dollars. Most trade dollars ended up in China during their first two years of production, where they were very successful.
Like circulated grades, proof coins are graded on the Sheldon scale from 1 to 70, and are preceded by the abbreviation ‘PF’ or ‘PR’ to distinguish them from circulation strikes. Proof coins graded 60 to 70 are mirrored to those of Uncirculated grades with the difference that the coin was not made for circulation.
The following mint marks indicate which mint the coin was made at ... Proof 1883 (P) 45,591,500 (P) 6,609 Proof 1884 ... United States half dollar mintage figures.