KEY DATE Morgan KEY DATE

The 1892-S Morgan dollar is another San Francisco mintage where almost all the coins went into circulation soon after production. Many of these dollars, worn or not, ended up in the melting pot in 1918. The last big known release was a $1,000 bag in the 1920s. None are known to have emerged from the San Francisco Mint in the 1940s or 1950s, and not a single one was found when the Treasury vaults were emptied of silver dollars in the 1960s.

PCGS estimates 120,000 1892-S Morgan dollars in all grades survive, including a mere 1,200 Mint State. Of those, they estimate 64 in MS65 or higher.

18%

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