1893-S Morgan Silver Dollar Tribute Proof Clad – Get One For Your Collection
It is generally known among Morgan silver dollar collectors, that the San Francisco mint produced the highest quality strikes, as well as the best luster finishing of all of the US mints. Sadly, this mint closed in 1900, and it was rare indeed to find a Morgan dollar minted of that high quality luster and striking.
The old San Francisco mint had a very special minting technique that was lacking at the other mints, and was able to produce Morgan dollars with a much higher detail and luster that they were known for. The first coin struck there was the 1878-S Morgan dollar and this series was continued through the 1882-S dollar. These classic coins are in Fine or better condition, and contain 371.25 grams of pure silver, and over the years have maintained their legendary beauty.
With the exception of Proof coins and a few very special strikings, most of the Morgan silver dollars having the business strike are not very rare. There are several dates, however, that were graded at MS-65 and higher, and are definitely the “exception to the rule”. An 1893-S Morgan dollar sold for $414,000 in 2001, and a few years later in 2008, another 1893-S, graded at MS-67 sold for in excess of $1,000,000!
Prior to the sale of this exquisite coin, it is believed that it was “dipped” to remove some of the particles that had adhered to the coin over the years, and also to remove some of the toning. This is a dangerous process at best, especially on a coin with this value. If the acidic solution is too strong or if the coin is kept in too long, chemical reaction can occur which will affect the coin. Two professional and well known coin graders stated that after this dipping process, they would not consider this coin to still be a MS-67 grade. Not a good thing!
This coin that we display in this post is a tribute proof clad, which is a copy and and commemorates the minting of the original 1893-S coin. For that reason, it sells for a very low price and does not contain the amount of silver as in the original coin. You can get one at our Gov Mint website
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