Announcement: Sunday & Tuesday Internet Coin Auctions and Weekly World and Ancient Coin Auctions move to Heritage Live!

Our Weekly Internet Coin Auctions and World and Ancient Coin Auctions are closing with live, online auctions on's Heritage Live! platform beginning with the Internet Coin Auction that ends Sunday, September 21st and the World and Ancient Coin Auction that ends on Thursday, September 25th. Each lot is offered one at a time, in lot number order, in live auctions beginning at 8:00 PM CT. During this part of the auction, live bidders will be on Heritage Live! competing with each other and with previously placed Internet bids. The lot opens, requests live bids, and then closes when the bidding is finished. There is no change in how you place your secret maximum bids during the week the auctions are open on In addition, once bidding on ends, 2 hours before the live sessions start, you still have the option to leave proxy bids through Heritage Live!

For more information about Heritage Live!, please visit If you have any questions about this exciting format change, please contact us at 800-872-6467 or

There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)


1893-S $1 MS65 NGC....

2009 January Orlando, FL FUN Auction #1121

Sold for: Sign-in or Join (free & quick)
‡Note: The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 9, 2009
Item Activity: 15 Internet/mail/phone bidders
10,696 page views

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Extraordinary 1893-S Dollar, MS65
The Rarest Business Strike Morgan Dollar
1893-S $1 MS65 NGC. Only one die pair is known for the 1893-S silver dollars, and it was utilized to coin 100,000 pieces, according to long established records, although recent research suggests that the real mintage was just 77,000 pieces. Either figure places this issue at the top of the list of lowest business strike mintages of the series (discounting the 12,000 1895 dollars supposedly struck but never seen).
The existence of one die pair, with specific obverse identification features, makes authentication a simple process. In the past, many counterfeit 1893-S dollars have been made by adding an S mintmark to an 1893 dollar, or altering an 1898-S to resemble an 1893-S. The following two obverse die characteristics will distinguish the genuine 1893-S dollars from those counterfeit or altered pieces that lack such characteristics. First, a raised diagonal die line begins at the left top of the upright of T in LIBERTY just below the crossbar, and angles up to the right across the crossbar, meeting the extreme top of that letter nearly above the right upright of the same letter. A continuation of the die line (or a second, nearly parallel die line) can be seen between the left and center leaves above the Y. The die line remains visible on all examples except those with the T worn away. Some examples have dirt filling the letters that must be removed before authentication is possible. Second, a small rust mark or die lump can be seen within the left foot of the R. Like the diagonal die line, this die lump or rust mark can be seen in nearly any grade encountered, as long as the R remains visible.
Like the 1889-CC and a few other issues, there have never been reports of large quantities of Mint State 1893-S Morgan dollars on the market. Dave Bowers comments: "Apart from 20 Mint State coins said to have been found in a bag in Great Falls, Montana, and reported by Wayne Miller, I do not know of any group of high-grade coins found in the 1950s or later. However, Walter Breen reported that Harry Warner, once active in the bulk sale of silver dollars, had handled a full bag. If so, then we may all be surprised and delighted someday if these appear." Meanwhile, Bowers estimates the total existing population of 1893-S Morgan dollars in all Mint State grades is between 61 and 83 coins. Such figures are consistent with current population data. PCGS records 34 Mint State coins, including five in MS65 and two in MS67. NGC records 29 Mint State pieces, with just two in MS65 and one in MS67. Bowers continues to state that about half of the known Mint State population has some prooflike characteristics, yet only a single PCGS example has received a designation of Prooflike, an MS62 PL coin.
The present Gem ranks as one of just 10 submissions that NGC and PCGS have certified in MS65 or finer grades, a figure that certainly must includes some resubmissions. Although a specific Census of these coins has never been attempted, so far as we know, it seems reasonable to suggest that the true population includes four or five MS65 coins and two that grade MS67. Both sides have fully brilliant silver-white luster and a faint champagne tint, with satiny fields and frosty devices. The hair over Liberty's ear is a bit indistinct as usual, and the breast feathers are slightly merged, but the remaining detail on both sides is sharp. A few tiny marks are present on Liberty's cheek, but the remaining obverse and reverse surfaces are excellently preserved.
From The Sanderson Family Collection.
See: Video Lot Description(Registry values: P10, N14284) (NGC ID# 255U, PCGS# 7226)

View all of [The Sanderson Family Collection ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Only 6 days left to consign to the 2014 November 6 - 10 US Coins Signature Auction - Beverly Hills!
Learn About Consigning With Us
What a great experience. It was a lot of fun watching it all on Saturday. We are so excited about how it turned out. So very happy.
Corona Del Mar, CA receives more traffic than any other auction house website. To compare for yourself, visit:
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $13,399,663
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED SO FAR $9,114,134
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,849,934