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Description

1894 Morgan Silver Dollar, MS65 CAC
Rarest Philadelphia Business Strike

1894 $1 MS65 PCGS. CAC. Since no 1895 business strikes have been confirmed to exist, the 1894 becomes the key to a Philadelphia Mint collection of Morgan dollars. The commercial mintage of 110,000 pieces is second-lowest behind the 1893-S, and most examples are in circulated grades. A supermajority of Uncirculated pieces are found in MS61 to MS64 grades. Gems are undeniably scarce relative to demand, and rarer than Population data suggests, given the number of resubmissions over the past third-century. The present lustrous Gem, therefore, is an important opportunity to acquire a high-grade representative of this well-known rarity. The strike is good, the fields are smooth, and the cheek displays minimal indications of post-strike contact. Light golden-brown toning on the right reverse precludes full brilliance.
Ex: Pre-Long Beach Auction (Ira & Larry Goldberg, 5/2008), lot 4125, FUN Signature (Heritage, 1/2020), lot 4272.(Registry values: P8, N4719)

Coin Index Numbers: (NGC ID# 255V, PCGS# 7228, Greysheet# 7578)

Weight: 26.73 grams

Metal: 90% Silver, 10% Copper


View Certification Details from PCGS

Auction Info

Auction Dates
January, 2026
14th-17th Wednesday-Saturday
Bids + Registered Phone Bidders: 50
Lot Tracking Activity: N/A
Page Views: 420

Buyer's Premium per Lot:
22% of the successful bid per lot.

Sold on Jan 14, 2026 for: $48,800.00
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