1894-S $1 Morgan Silver Dollar PCGS MS64

Here's a better date of the Morgan dollar series that moves up in price somewhat in MS64. PCGS has graded 926 as MS64 with 277 finer.

Author and dealer/auctioneer David Bowers writes on this issue:

Apparently, most quantities of 1894-S dollars were released well in advance of the Treasury dispersal of 1962-1964. This is one date that did not get a "play" during the fast and furious trading times of the early 1960s. Probably for this reason, the Redfield estate had none.

Circulated grades: Although it is not one of the most common Morgan dollar dates, in worn grades the 1894-S is readily available.

Mint State grades: The 1894-S is the most available Mint State issue of the year. Specimens are readily available, although the 1894-S is hardly among the least expensive dollars from this mint. As is true of most Morgan dollars, more exist in grades of MS-60 through 62 than in higher grades; possibly 7,000 to 12,000 survive thus. In MS-63 the numbers decline to 3,000 to 5,000, and fall off further to just 1,500 to 2,500 for MS-64s. MS-65 pieces are rare; only about 250 to 500 are known.