1893 Morgan Dollar MS-64 PCGS

Product Details

Only $4,389.00 per coin
Certified MS-64 by PCGS, this 1893 Morgan Dollar is a scarce Philadelphia mintage. A tangible relic of the 1893 Panic, its exceptional grade makes it a coveted numismatic treasure. Coin Highlights:

• This coin has a mintage of 389,000.
• Population of 1,380 coins at this grade level with 441 graded higher.
• PCGS encapsulation guarantees the coin’s MS-62 condition.
• Coins from the Philadelphia Mint do not feature a mint mark.

Add this Morgan Dollar graded MS-64 by PCGS to your cart today!

The year 1893 was a turning point for the United States, a period dominated by the devastating economic downturn known as the "Panic of 1893." This severe deflationary depression profoundly impacted every facet of American life, including the nation's coinage production. As the economy reeled and demand for new currency plummeted, the U.S. Mint significantly curtailed its output. This makes the 1893 Morgan Dollar, particularly from the Philadelphia Mint with a mintage of just 378,000 business strikes, a truly scarce and historically significant issue – ranking as the eighth-lowest mintage for a business strike Morgan Dollar. For collectors, this coin isn't just silver; it's a silent witness to a monumental chapter in American financial history.

This specific 1893 Morgan Dollar, without a mint mark indicating its Philadelphia origin, boasts a remarkable MS-64 grade from PCGS, signifying its exceptional preservation and eye appeal. Designed by the esteemed English engraver George T. Morgan, the coin's artistry transcends its function. The obverse presents a captivating left-facing profile of Lady Liberty, modeled after Philadelphia schoolteacher Anna Willess Williams. She wears a Phrygian cap, a universal symbol of freedom, adorned with a wreath of cotton and wheat—a poignant nod to America’s agricultural prosperity that was severely tested during the Panic. The legend "LIBERTY" is proudly displayed on her headband.

Flipping to the reverse reveals a powerful heraldic eagle with outstretched wings, clutching an olive branch of peace and a bundle of arrows representing strength. Surrounding this iconic device are the inscriptions "UNITED STATES OF AMERICA," the timeless national motto "IN GOD WE TRUST," and the denomination "ONE DOLLAR." Crafted from .900 fine silver, this coin contains 0.7734 troy ounces of pure silver and measures 38.1 mm in diameter. Owning an 1893 Morgan Dollar in MS-64 PCGS condition offers more than just a beautiful coin; it provides a tangible connection to a dramatic era of American resilience and an enduring legacy of numismatic artistry, appealing to those who cherish history and rarity in equal measure.