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New Addition 1892-S Morgan Dollar
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5 posts in this topic

  Although you are welcome to post your latest acquisitions as new topics if you prefer, there is a long running and popular topic on the "U.S., World, and Ancient Coins" forum entitled "Post Your Most Recent Acquisition: U.S." that you may want to use instead. See Post your most recent acquisition: US - Page 695 - US, World, and Ancient Coins - NGC Coin Collectors Chat Boards for the most recent posts. There are similar topics on Morgan dollars, five cent pieces, copper coins, silver coins, gold coins and others.

    I assume that this 1892-S Morgan dollar was third party graded VF 25. It appears to be housed in an older PCGS holder.  The 1892-S is an issue that is relatively common in circulated grades through VF but is considered to be scarcer in higher circulated grades and a rarity (five or more figures) in any uncirculated grade. Apparently, much of this issue went into circulation long ago, most of any that were retained by the Treasury were melted as a result of the 1918 Pittman Act, and very few uncirculated pieces were included among the several hundred million uncirculated Morgan dollars that were released through 1964. 

    In VF 25 the (often high) PCGS Price Guide lists a retail value of $250. Other retail guides to which I have access don't have specific listings for VF 25 but have VF 20 listings of $195 (CPG), $150 (Coin World), and $185 (NGC Price Guide).  What price guide did you use to value this coin before you purchased it? 

   

 

   

 

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Last five PCGS auction data shown on the PCGS coinfacts page show a low of $159 to a high of $204 as the most recent auction appearance, retail prices would be slightly above these auction figures.   Currently there are two listed on collectors corner, one at $190 and one at $250, neither of these are CAC approved.

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On 1/17/2024 at 7:11 PM, Sandon said:

What price guide did you use to value this coin before you purchased it? 

   

 

   

 

NGC price guide, past auctions,recent auctions and current listings. I did ok, thank you Sandon! 

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