With a mintage of 700,000, the 1889-S Morgan Dollar (Buy on eBay) is one of the lower mintage issues of the series. Despite this fact, the issue does remain relatively available for collectors. This includes both circulated and mint state specimens.
Collectors will also find some examples with Proof-Like or Deep Mirror Proof-Like surfaces, although these become scarce at the gem grade level. A typical coin graded MS65 sells for around $1,500. A superlative example graded PCGS MS65 with the Deep Mirror Proof-Like designation sold for a price of $38,812.50 at an auction in August 2008, showing the high premium paid for the designation at conditionally a scarce grade level.
1889-S Morgan Dollar Mintage and Specifications
- Mintage: 700,000
- Mint Mark: S (San Francisco)
- Composition: 90% silver, 10% copper
- Weight: 26.73 grams
- Diameter: 38.1 mm