AboutMyCoin1892-S Morgan Dollar in MS62
An 1892-S Morgan dollar graded MS62 is worth $50,187 to $77,500, from sales and public data. The grade below it is Mint State (MS-61), and the same coin in that grade is worth less — how much less varies from date to date.
Mint State (MS-62)
$50,187 to $77,500
From sales and public data. Figure occasionally updated. Not an appraisal or declaration of worth or value.
What MS62 means
An 1892-S Morgan dollar in Mint State (MS-62) has no wear and marks that are scattered rather than concentrated: the open fields of Liberty’s cheek and neck still show them, but the lustre is largely unbroken and the coin reads as uncirculated at a glance rather than only under a loupe.
A slab, a dealer’s list or a price guide may write this grade MS-62. 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 MS62 is Mint State (MS-63), at $51,794 to $120,000 — which is what a reader whose coin might grade a point higher is really asking. 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) | $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) ← this page | $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.
← Mint State (MS-61)Mint State (MS-63) →
What it sold for
No certified sale of an 1892-S Morgan dollar in MS62 is recorded in the sources this site reads, because the archives that record sales at this level are behind a login and this site does not read them. 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 MS62, which is the difference between what somebody paid and what somebody hoped for. If what you find sits outside $50,187 to $77,500, 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 MS62 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 →