1892 (S) Morgan Dollar

Strike Type

Coin Details

Year

1892

Denomination

Dollar

Mint Mark

Strike Type

Regular Strike

Series

Morgan Dollars 1878-1921

Designer

George T. Morgan

Mintage

1,200,000

Composition

90% Silver, 10% Copper

Weight

26.73g

Diameter

38.1mm

Edge

Reeded

Value Estimates

$211 - $279,002

Values as of May 2026 — estimates reflect typical grades (G-4 through MS-67). Coins in lower or exceptional grades may fall outside this range.

Auction Record

$630,000 MS68 11-18-2020 Stack's Bowers

Description

The 1892 (S) Morgan Dollar is a dollar produced at the San Francisco Mint as part of the Morgan Dollars 1878-1921 series. Total mintage reached 1.2 million. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars, while the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. Designed by George T. Morgan. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7218. The Morgan Dollar is the most widely collected U.S. Key dates include the 1893-S (mintage 100,000), 1889-CC, 1895 (proof only), and 1903-O. Carson City Mint issues carry premium prices. The GSA Treasury hoard releases of the 1970s reinvigorated the market.