1893 Morgan Dollar Fine
Numismatic
1893 Morgan Dollar Fine
The 1893 Morgan Dollar stands as a remarkable artifact from late nineteenth-century American coinage. Minted in Philadelphia, this silver piece is notable for its incredibly low mintage of just 378,000 coins, making it a particularly scarce and intriguing find for those exploring the Morgan Dollar series. It contains 0.7734 troy ounces of silver with a purity of 0.900, representing the classic precious metal standards of the era. The obverse of the coin features a left-facing profile of Liberty wearing a Phrygian cap, decorated with a band inscribed with the word LIBERTY. Encircling her portrait are the Latin motto E PLURIBUS UNUM, thirteen stars representing the original colonies, and the 1893 date of issue. Because it was struck at the main Philadelphia mint, it bears no mint mark. On the reverse, a bald eagle is depicted with its wings spread, holding a bundle of arrows and an olive branch to symbolize both strength and peace. Above the eagle, the motto IN GOD WE TRUST is inscribed in Gothic script, while the legends UNITED STATES OF AMERICA and the ONE DOLLAR denomination frame the central design. This specific coin survives in Fine to Very Fine condition, showing honest wear that tells the story of its journey through commerce.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | United States |
|---|---|
| Year | 1893 |
| Grade | Fine |
| Legal-tender face value | 1 Dollar |
| Metal | Silver |
| Weight | 0.7734 troy oz |
| Purity | .900 |
| Diameter | 38.1 mm |
| Thickness | 3.1 mm |
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