AboutMyCoin1893-S Morgan Dollar in VF20
An 1893-S Morgan dollar graded VF20 is worth $6,870 to $9,393, from sales and public data. That is a little more than the same coin brings in Fine (F-15), which is why a step of one grade is not worth paying to establish down here: the certification fee is a large share of the difference.
Very Fine (VF-20)
$6,870 to $9,393
From sales and public data. Figure occasionally updated. Not an appraisal or declaration of worth or value.
What VF20 means
An 1893-S Morgan dollar in Very Fine (VF-20) shows clear detail across the whole design with wear on the raised areas alone: the hair above Liberty’s ear and the cotton bolls in her cap are flattened but still separated from one another, the eagle’s breast feathers and the tops of its wings keep most of their major detail, and LIBERTY on the headband, E PLURIBUS UNUM and the date are sharp.
A slab, a dealer’s list or a price guide may write this grade VF-20. They are the same grade and the same 1893-S Morgan dollar.
Where this grade sits
The grades an 1893-S Morgan dollar is given run from PO1 to MS70. One step up from VF20 is Very Fine (VF-25). 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) | $4,250 – $4,982 |
| Good (G-6) | |
| Very Good (VG-8) | $5,612 – $5,750 |
| Very Good (VG-10) | |
| Fine (F-12) | $6,298 – $7,094 |
| Fine (F-15) | $6,850 – $7,094 |
| Very Fine (VF-20) ← this page | $6,870 – $9,393 |
| Very Fine (VF-25) | |
| Very Fine (VF-30) | $9,250 – $9,393 |
| Very Fine (VF-35) | |
| Extremely Fine (XF-40) | $12,197 – $17,353 |
| Extremely Fine (XF-45) | |
| About Uncirculated (AU-50) | $26,500 – $36,500 |
| About Uncirculated (AU-53) | |
| About Uncirculated (AU-55) | |
| About Uncirculated (AU-58) | $26,500 – $140,000 |
| Mint State (MS-60) | $231,703 – $265,000 |
| Mint State (MS-61) | |
| Mint State (MS-62) | |
| Mint State (MS-63) | |
| Mint State (MS-64) | |
| Mint State (MS-65) | $726,544 – $1,200,000 |
| Mint State (MS-66) | |
| Mint State (MS-67) | $575,817 – $2,250,000 |
| Mint State (MS-68) | |
| 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.
← Fine (F-15)Very Fine (VF-25) →
What it sold for
No certified sale of an 1893-S Morgan dollar in VF20 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 1893-S Morgan dollar in VF20, which is the difference between what somebody paid and what somebody hoped for. If what you find sits outside $6,870 to $9,393, 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 1893-S Morgan dollar cannot be worth less than the metal in it. That figure is what the premium for VF20 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.
1893-S Morgan Dollar: every grade, the metal and the specification →