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1894 $1 MS

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +13.77%
$29.33
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Boasting only a slightly higher mintage figure than the 1893-S, the 1894 has the second lowest mintage of all circulation strikes in the series. While perhaps not quite as popular as the 1893-CC or 1893-S Morgans, this piece is no less sought by series enthusiasts. It is especially rare in grades higher than MS64, with small numbers in MS65 and only a handful known in MS66 or better. PLs and DMPLs are exceedingly rare, with none known in the Gem grades. Be careful when buying raw examples that the piece under consideration is not an 1894-O or 1894-S with a removed mintmark.

Obverse Description

Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.

Reverse Description

The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.

Catalog Information

GSID: 7578
Designer: George T. Morgan
Obverse Designer: George T. Morgan
Obverse Lettering: E PLURIBUS UNUM, LIBERTY, 1894
Reverse Designer: George T. Morgan
Reverse Lettering: UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness: 0.9
Weight (gr): 26.73 gr
Weight (oz): 0.8594 oz
Precious Metal Weight: 0.7734 oz
Strike Type: Business
Diameter: 38.1
Coin Shape: Round
Edge: Reeded
Coin Date: 1894
Denomination: $1
Designation: MS
Mint Location: Philadelphia
Mintage: 110,000
Coinage Type: Morgan silver dollar
Coinage Years: 1878-1921
Composition: 90% silver; 10% copper
PCGS #: 7228
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Coin Value History
1894 $1 MS
Value By Grade
1894 $1 MS
CPG (retail) values
Value by grade is available to subscribers. Subscribe to View

Values

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +13.77%
$29.33
GSID:7578 PCGS:7228 Shop related

Values

Greysheet & CPG® Values
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS67 CAC $270,000 $1,234
MS67 - $210,000 $1,234
MS66 CAC $1,234 $1,234
MS66 - $1,234 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234
VG10 CAC $1,234 $1,234
VG10 - $1,234 $1,234
VG8 CAC $1,234 $1,234
VG8 - $1,234 $1,234
G6 CAC $1,234 $1,234
G6 - $1,234 $1,234
G4 CAC $1,234 $1,234
G4 - $1,234 $1,234
AG3 CAC $1,234 $1,234
AG3 - $1,234 $1,234
AG2 CAC $1,234 $1,234
AG2 - $1,234 $1,234
P1 CAC $1,234 $1,234
P1 - $1,234 $1,234

Auction Prices

Recent public sale records for this item
See all
1894 $1 -- Harshly Cleaned -- CACG Details. AU. Mintage 110,972. ...
$1,403
Sold 2/4/2026
Heritage Auctions
1894 $1 VF35 NGC. CDN: $950 Whsle. Bid for NGC/PCGS VF35. Mintage 110,972. ...
$1,068
Sold 1/28/2026
Heritage Auctions
1894 $1 XF45 NGC. CDN: $1,300 Whsle. Bid for NGC/PCGS XF45. Mintage 110,972. ...
$1,342
Sold 1/28/2026
Heritage Auctions
1894 $1 AU55 NGC. CDN: $1,900 Whsle. Bid for NGC/PCGS AU55. Mintage 110,972. ...
$2,318
Sold 1/17/2026
Heritage Auctions
1894 $1 AU58 NGC. ...
$3,050
Sold 1/15/2026
Heritage Auctions
1894 $1 MS65 PCGS. CAC. ...
$48,800
Sold 1/14/2026
Heritage Auctions
1894 $1 AU53 PCGS. CDN: $1,700 Whsle. Bid for NGC/PCGS AU53. Mintage 110,972. ...
$2,520
Sold 11/14/2025
Heritage Auctions
1894 $1 VF25 PCGS. Mintage 110,972. ...
$870
Sold 10/15/2025
Heritage Auctions
1894 $1 MS64 PCGS. The economic effects of the Panic of 1893 carried over for several years, resulting in lower mintages of...
$10,200
Sold 10/6/2025
Heritage Auctions
1894 $1 MS63 NGC....
$8,400
Sold 10/2/2025
Heritage Auctions
1894 $1 VG10 PCGS. Mintage 110,972. ...
$876
Sold 10/1/2025
Heritage Auctions
1894 $1 Good 4 ANACS. Mintage 110,972. ...
$564
Sold 9/3/2025
Heritage Auctions
1894 $1 -- Cleaned -- ANACS Details. MS60. Mintage 110,972....
$2,280
Sold 8/31/2025
Heritage Auctions
1894 $1 MS61 NGC....
$3,240
Sold 8/28/2025
Heritage Auctions
1894 $1 MS66 PCGS. In 1894 the Philadelphia Mint produced the second-lowest circulation strike mintage in the Morgan dollar...
$90,034
Sold 8/25/2025
Heritage Auctions
1894 $1 XF40 PCGS. Housed in a Generation 3.1 green label holder. Mintage 110,972....
$1,260
Sold 7/16/2025
Heritage Auctions
1894 $1 MS62 PCGS....
$3,480
Sold 5/1/2025
Heritage Auctions
1894 $1 VF20 PCGS. Mintage 110,972. ...
$990
Sold 4/23/2025
Heritage Auctions
1894 $1 Fine 15 PCGS. Mintage 110,972. ...
$990
Sold 4/2/2025
Heritage Auctions
1894 $1 Fine 12 PCGS. Mintage 110,972. ...
$750
Sold 11/6/2024
Heritage Auctions
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