1891 (S) Morgan Dollar

Coin Details

Auction Record

$31,200 MS67+ 06-20-2021 Heritage Auctions

Description

Produced at the San Francisco Mint, the 1891 (S) Morgan Dollar is part of the Morgan Dollars 1878-1921 series. With a mintage of 5.3 million, this is a less common issue — ranked 2nd of 4 mint variants by mintage, with 22% 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. The San Francisco Mint, a Gold Rush-era institution, now specializes in proof and collector coinage. Estimated market value ranges from $87 to $1.8K 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 #7210.