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-63). 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. With a mintage of 1.2 million, this is a scarce issue — ranked 2nd of 4 mint variants by mintage, with 19% of 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. Struck at the San Francisco Mint, established during the California Gold Rush and now primarily producing proof and collector coins. Estimated market value ranges from $211 to $279K 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 #7218.