1893-S Morgan Dollar Value
The 1893-S is the king of the Morgan dollar series — the lowest-mintage business strike at just 100,000 coins. It is highly valuable in every grade and one of the most important US coin rarities.
💰 What's it worth? — live melt calculator
Melt value (silver)
$24.75
$24.75 each · 0.7734 oz silver/coin
Melt = pure metal content × recent spot (silver $32/oz). This is the bullion floor; collectible coins can be worth far more. Melting circulating US coins is illegal — this estimates intrinsic value.
Key facts
- Mintage: 100,000 — the lowest business-strike Morgan.
- Valuable even heavily worn; gem examples are six- to seven-figure coins.
- Frequently counterfeited or altered (added-S, date alteration) — buy certified.
- Composition: 90% silver, ≈0.7734 oz.
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