AboutMyCoin1892-S Morgan Dollar in G4
An 1892-S Morgan dollar graded G4 is worth $92 to $202, from sales and public data. The grade below it is About Good (AG-3), and the same coin in that grade is worth less — how much less varies from date to date.
Good (G-4)
$92 to $202
From sales and public data. Figure occasionally updated. Not an appraisal or declaration of worth or value.
What G4 means
An 1892-S Morgan dollar in Good (G-4) is worn evenly across its whole surface, and the design reads as an outline rather than a relief: the hair above Liberty’s ear and the cotton bolls in her cap are flat, the eagle’s breast feathers and the tops of its wings show no detail at all, and LIBERTY on the headband, E PLURIBUS UNUM and the date are still readable with the rim beginning to merge into the lettering.
A slab, a dealer’s list or a price guide may write this grade G-4. They are the same grade and the same 1892-S Morgan dollar.
Where this grade sits
The grades an 1892-S Morgan dollar is given run from PO1 to MS70. One step up from G4 is Good (G-6). In general terms, the higher the grade the more the coin is worth.
| Grade | Value range (USD) |
|---|---|
| Poor (PO-1) | |
| Fair (FR-2) | |
| About Good (AG-3) | |
| Good (G-4) ← this page | $92 – $202 |
| Good (G-6) | |
| Very Good (VG-8) | $100 – $215 |
| Very Good (VG-10) | |
| Fine (F-12) | $125 – $225 |
| Fine (F-15) | |
| Very Fine (VF-20) | $200 – $246 |
| Very Fine (VF-25) | |
| Very Fine (VF-30) | $235 – $275 |
| Very Fine (VF-35) | |
| Extremely Fine (XF-40) | $550 – $668 |
| Extremely Fine (XF-45) | |
| About Uncirculated (AU-50) | $2,212 – $3,123 |
| About Uncirculated (AU-53) | |
| About Uncirculated (AU-55) | |
| About Uncirculated (AU-58) | $3,123 – $23,000 |
| Mint State (MS-60) | $31,200 – $54,938 |
| Mint State (MS-61) | |
| Mint State (MS-62) | $50,187 – $77,500 |
| Mint State (MS-63) | $51,794 – $120,000 |
| Mint State (MS-64) | $59,800 – $215,000 |
| Mint State (MS-65) | $268,137 – $285,000 |
| Mint State (MS-66) | $294,951 – $375,000 |
| Mint State (MS-67) | $324,446 – $550,000 |
| Mint State (MS-68) | $389,335 – $900,000 |
| Mint State (MS-69) | |
| Mint State (MS-70) |
A blank in the value column is a grade this site has not researched, not a grade the coin is worth nothing in.
← About Good (AG-3)Good (G-6) →
What it sold for
No certified sale of an 1892-S Morgan dollar in G4 is recorded in the sources this site reads, which is what you would expect at this price: certifying a coin costs a large share of what this one is worth, so almost all of them change hands raw and unrecorded. The range above is what the published guides say rather than what anybody paid, and it is the weakest figure on this page.
How to check this yourself
Sold listings, not asking prices. The link below is already filtered to completed sales of an 1892-S Morgan dollar in G4, which is the difference between what somebody paid and what somebody hoped for. If what you find sits outside $92 to $202, trust what you found: it is newer than this page.
The metal floor under it
$49.79
0.7734 troy oz silver × $64.38 per troy ounce
$64.38/ozt, based on spot prices at 23 September 2026 19:59 UTC
Whatever the market does, an 1892-S Morgan dollar cannot be worth less than the metal in it. That figure is what the premium for G4 is measured against, and it moves with the metal price rather than with the coin market.
Where these figures come from
We gather publicly available data from several public sources including eBay, PCGS, NGC, Numista, USA Coin Book, PriceCharting, and others.
Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins.
1892-S Morgan Dollar: every grade, the metal and the specification →