1892 Morgan Dollar
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$49,938 MS66 09-27-2018 Legend Rare Coin Auctions
Description
The 1892 Morgan Dollar, struck at the Philadelphia Mint, is part of the Morgan Dollars 1878-1921 collection. With a mintage of 1.0 million, this is a scarce issue — the lowest mintage among 4 mint variants, representing only 16% of total production. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars and the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. Struck during the Gilded Age of rapid industrialization and the great silver debates, when monetary policy shaped elections and economic destiny. Philadelphia's mint — the nation's first — has produced coins without interruption since its founding in 1792. Estimated market value ranges from $92 to $3.7K depending on grade and condition. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7212.
External References
Error Varieties(12)
1892-P VAM-1
1892-P VAM-1A
1892-P VAM-1B
1892-P VAM-2
1892-P VAM-3
1892-P VAM-3A
1892-P VAM-4
1892-P VAM-5
1892-P VAM-6
1892-P VAM-7
1892-P VAM-9
1892-P VAM-10
Other Strike Types in This Series
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