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1895-S $1 MS

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +13.77%
$29.33
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1895-S $1  MS
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All 1895-dated Morgan dollars are scarce, and they are also among the top of the most-wanted list by collectors. These 1895-S Morgan dollars are extremely scarce in any grade, and especially so in the MS levels. The number of survivors drops off steeply above MS64, with MS65s considered rare and MS66s exceedingly rare. PLs and DMPLs are rare in any grade, yet there are a few examples of either known in the MS65 or better grades.

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.

Book Reference

Key to Collecting: Mint State 1895-S dollars are well known for being extensively bagmarked, some actually appearing quite abused. Accordingly, the majority of Mint State pieces are in lower MS grades. A piece MS-63 or finer, with minimal bagmarks, is a numismatic find and is very special. Circulated specimens are elusive, as the mintage might indicate, but an attractive example can be a reasonable financial as well as aesthetic alternative to a baggy MS-60.

Surface Quality: The strike is typically excellent. Rich luster is seen on high-grade specimens.

Prooflike Coins: Prooflike coins exist and are desirable if in high grades, but the contrast is not strong.

Mintage and Distribution: Delivery figures by month: January, 0; February, 100,000; March, 100,000; April, 100,000; May, 100,000; June–December, 0. While some 1895-S dollars were paid out in the early years, the issue remained elusive for a long time. In 1942 the San Francisco Mint turned loose a few bags. Into the early 1950’s, more bags were paid out, but in the absence of a significant market for quantities, most went into circulation.

VARIETIES:

The 10 obverse and 6 reverse dies created for this coinage include the following varieties:

1895-S, S Over Horizontal S—VAM-4. Per Van Allen and Mallis, “original S shows as a triangular raised metal [area] to the left outside of the upright S and has a diagonal line through the top and bottom loops of S.” However, the feature is not particularly easy to discern.

1895-S Dramatically Repunched S—VAM-3. With the earlier mintmark punched too high and too close to the left ribbon. The final mintmark was punched in a centered position, but much of the earlier mintmark is still seen.

Catalog Information

GSID: 7622
Designer: George T. Morgan
Obverse Designer: George T. Morgan
Obverse Lettering: E PLURIBUS UNUM, LIBERTY, 1895
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: 1895-S
Denomination: $1
Designation: MS
Mint Location: San Francisco
Mint Mark: S
Mintage: 400,000
Coinage Type: Morgan silver dollar
Coinage Years: 1878-1921
Composition: 90% silver; 10% copper
PCGS #: 7238
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Coin Value History
1895-S $1 MS
Value By Grade
1895-S $1 MS
CPG (retail) values
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Values

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +13.77%
$29.33
GSID:7622 PCGS:7238 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1895-S $1 MS
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS66 CAC $115,000 $1,234
MS66 - $96,000 $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

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Auction Prices

Recent public sale records for this item
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1895-S $1 VF20 PCGS. CDN: $775 Whsle. Bid for NGC/PCGS VF20. Mintage 400,000. ...
1895-S $1 VF20 PCGS. CDN: $775 Whsle. Bid for NGC/PCGS VF20. Mintage 400,000. ...
$946
Sold 10/14/2026
Heritage Auctions
1895-S $1 VF35 PCGS. CDN: $1,100 Whsle. Bid for NGC/PCGS VF35. Mintage 400,000. ...
1895-S $1 VF35 PCGS. CDN: $1,100 Whsle. Bid for NGC/PCGS VF35. Mintage 400,000. ...
$1,464
Sold 10/7/2026
Heritage Auctions
1895-S $1 VG10 PCGS. CDN: $420 Whsle. Bid for NGC/PCGS VG10. Mintage 400,000. ...
1895-S $1 VG10 PCGS. CDN: $420 Whsle. Bid for NGC/PCGS VG10. Mintage 400,000. ...
$488
Sold 9/30/2026
Heritage Auctions
1895-S $1 VF25 NGC. CDN: $800 Whsle. Bid for NGC/PCGS VF25. Mintage 400,000. ...
1895-S $1 VF25 NGC. CDN: $800 Whsle. Bid for NGC/PCGS VF25. Mintage 400,000. ...
$976
Sold 9/23/2026
Heritage Auctions
1895-S $1 VG8 NGC. CDN: $385 Whsle. Bid for NGC/PCGS VG8 . Mintage 400,000. ...
1895-S $1 VG8 NGC. CDN: $385 Whsle. Bid for NGC/PCGS VG8 . Mintage 400,000. ...
$464
Sold 9/23/2026
Heritage Auctions
1895-S $1 Good 4 NGC. CDN: $280 Whsle. Bid for NGC/PCGS Good 4 . Mintage 400,000. ...
1895-S $1 Good 4 NGC. CDN: $280 Whsle. Bid for NGC/PCGS Good 4 . Mintage 400,000. ...
$348
Sold 9/23/2026
Heritage Auctions
1895-S Morgan Silver Dollar. EF Details--Scratch (PCGS).
1895-S Morgan Silver Dollar. EF Details--Scratch (PCGS).
$45
Sold 8/4/2026
Stacks Bowers Galleries
1895-S Morgan Silver Dollar. EF Details--Scratch (PCGS).
1895-S Morgan Silver Dollar. EF Details--Scratch (PCGS).
$45
Sold 8/3/2026
Stacks Bowers Galleries
1895-S $1 Morgan Dollar -- Laminated Planchet Reverse -- MS62+ PCGS. ...
1895-S $1 Morgan Dollar -- Laminated Planchet Reverse -- MS62+ PCGS. ...
$6,710
Sold 1/15/2026
Heritage Auctions
1895-S $1 AU55 NGC. VAM-2. ...
1895-S $1 AU55 NGC. VAM-2. ...
$4,148
Sold 1/15/2026
Heritage Auctions
1895-S $1 AU58 PCGS. ...
1895-S $1 AU58 PCGS. ...
$5,246
Sold 1/15/2026
Heritage Auctions
1895-S $1 MS64 PCGS. CAC. ...
1895-S $1 MS64 PCGS. CAC. ...
$14,030
Sold 1/15/2026
Heritage Auctions
1895-S $1 -- Whizzed -- ANACS Details. AU50 Details. Mintage 400,000. ...
1895-S $1 -- Whizzed -- ANACS Details. AU50 Details. Mintage 400,000. ...
$1,140
Sold 12/10/2025
Heritage Auctions
1895-S $1 AU53 PCGS. CDN: $2,300 Whsle. Bid for NGC/PCGS AU53. Mintage 400,000. ...
1895-S $1 AU53 PCGS. CDN: $2,300 Whsle. Bid for NGC/PCGS AU53. Mintage 400,000. ...
$3,000
Sold 11/14/2025
Heritage Auctions
1895-S $1 MS61 NGC. VAM-2. The 400,000 Morgans struck at San Francisco in 1895 make up the second lowest annual production ...
1895-S $1 MS61 NGC. VAM-2. The 400,000 Morgans struck at San Francisco in 1895 make up the second lowest annual production ...
$5,400
Sold 11/5/2025
Heritage Auctions
1895-S $1 XF45 PCGS. Mintage 400,000. ...
1895-S $1 XF45 PCGS. Mintage 400,000. ...
$1,560
Sold 10/15/2025
Heritage Auctions
1895-S $1 MS63+ PCGS. CAC....
1895-S $1 MS63+ PCGS. CAC.... CAC approved
$9,000
Sold 8/28/2025
Heritage Auctions
1895-S $1 Fine 12 PCGS. Mintage 400,000. ...
1895-S $1 Fine 12 PCGS. Mintage 400,000. ...
$552
Sold 8/27/2025
Heritage Auctions
1895-S $1 XF40 PCGS. Mintage 400,000. ...
$1,500
Sold 7/30/2025
Heritage Auctions
1895-S $1 Good 6 NGC. Mintage 400,000. ...
$384
Sold 7/16/2025
Heritage Auctions
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