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    Description

    1893-S Morgan Dollar, AU53
    Partially Lustrous Fields

    1893-S $1 AU53 PCGS Secure. The San Francisco Mint struck a series-low mintage of just 100,000 Morgan dollars in 1893. All the coins were delivered in January, before the effects of the Panic of 1893 resulted in the repeal of the Sherman Silver Purchase Act. There was no demand for silver dollars in the national economy at the time and government vaults were overflowing with unneeded silver dollars for years to come. It seems likely that much of the small mintage was held in government storage for some time and released into circulation when the glut of circulating silver dollars subsided. Most coins that remained in long term government custody were probably melted in 1918, under the provisions of the Pittman Act, as the 1893-S was not well-represented in the Treasury releases of the 1960s. Today, the average survivor is in the VF-XF grade range and high-grade specimens are rare.

    This is an impressive AU53 example that exhibits just a trace of wear on the well-detailed design elements. The lightly abraded surfaces retain much of their original mint luster and show subtle hints of pale gold and lavender toning. This coin should find a home in a fine collection of Morgan dollars.(Registry values: P10, N4719)

    Coin Index Numbers: (NGC ID# 255U, PCGS# 7226)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


    View Certification Details from PCGS

    Auction Info

    Auction Dates
    November, 2018
    8th-11th Thursday-Sunday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 311

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