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The Certified 1891-S Morgan Silver Dollar graded MS63 by PCGS is a well-preserved and visually appealing example of a classic U.S. silver coin from the late 19th century. Struck at the San Francisco Mint, this coin is part of the iconic Morgan Dollar series, which ran from 1878 to 1904 and briefly again in 1921. Designed by George T. Morgan, these silver dollars are prized for their bold imagery, substantial size, and historical significance. In MS63 condition, this coin offers collectors an excellent balance between high eye appeal and affordability, and the PCGS certification ensures both its authenticity and grade integrity.
The obverse of the 1891-S Morgan Dollar features the left-facing profile of Lady Liberty wearing a Phrygian cap adorned with a ribbon bearing the word “LIBERTY.” Her hair is braided and tucked behind her neck, with cotton bolls and wheat interwoven in the design—a tribute to American agriculture. Thirteen stars, symbolizing the original colonies, arc beneath “E PLURIBUS UNUM” at the top of the coin, and the date “1891” is centered at the bottom. In MS63 condition, Liberty’s cheek and jaw show only minimal marks or abrasions, and luster is still present across the fields, with strong strike definition in the hair and facial features.
The reverse features a heraldic eagle with outstretched wings clutching arrows and an olive branch, signifying readiness for war and preference for peace. A laurel wreath surrounds the eagle, and above its head is the motto “IN GOD WE TRUST” inscribed in Gothic script. The legends “UNITED STATES OF AMERICA” and “ONE DOLLAR” encircle the rim. Below the wreath and between the tail feathers and “DOLLAR” is the mintmark “S,” indicating the San Francisco Mint. On an MS63 example, the eagle's breast and wings are well struck with minimal softness. Luster is often frosty or satiny, and contact marks are present but do not distract significantly from the overall appearance.
The San Francisco Mint was renowned for producing coins with excellent strike quality and attention to detail, and the 1891-S Morgan is no exception. The total mintage for this date and mint combination was 5,296,000 coins, placing it in the midrange of Morgan Dollar production figures. While not rare in circulated grades, 1891-S Morgans become scarcer in Mint State, and examples graded MS63 are highly collectible, offering a relatively high grade without entering the much pricier territory of MS64 or MS65 specimens.
Composed of 90% silver and 10% copper, the Morgan Dollar contains 0.77344 troy ounces of pure silver and weighs 26.73 grams, with a diameter of 38.1 millimeters. These physical characteristics give the coin a substantial feel, and the high silver content makes it appealing to both numismatists and bullion-conscious buyers. The reeded edge and bold, high-relief devices of the Morgan design contribute to its enduring popularity in U.S. coinage history.
The MS63 grade from PCGS indicates that the coin is in Mint State—never circulated—and exhibits only moderate marks or abrasions in non-focal areas. The strike should be sharp, with much of the original mint luster intact. PCGS, or Professional Coin Grading Service, is among the most respected third-party grading companies in the numismatic world, and their encapsulation guarantees the coin’s authenticity, metal content, and grade. For many collectors, PCGS certification adds peace of mind and enhances market liquidity.
From an investment standpoint, the 1891-S Morgan Dollar in MS63 is a solid acquisition. It occupies a sweet spot in terms of quality and cost, often commanding a premium over more common Mint State Morgans without venturing into the high-price realm of gem-grade coins. As part of a complete Morgan Dollar set, it represents one of the stronger issues from the 1890s and is especially desirable for its sharp strike, luster, and the general reliability of San Francisco Mint products.
In terms of eye appeal, MS63 examples may display varying characteristics. Some have a bright white appearance, while others may exhibit light golden toning or a touch of iridescence at the rims—attributes that can increase desirability depending on collector preferences. While MS63 coins can show a few noticeable contact marks, these are typically confined to the fields or protected areas and do not significantly impair the coin’s visual appeal when viewed at arm’s length.
Collectors value the 1891-S Morgan Dollar for its consistent quality and collectibility. It is frequently chosen by type collectors looking for a representative San Francisco issue or by those pursuing complete date-and-mint sets. Its affordability in MS63 compared to higher grades also makes it an accessible entry point for intermediate or advanced collectors seeking a well-preserved coin with character and history.
In summary, the Certified 1891-S Morgan Silver Dollar in MS63 PCGS encapsulation is a highly appealing 19th-century American silver coin that offers excellent detail, strike quality, and historical value. With its Philadelphia-born design, San Francisco Mint precision, and trusted PCGS certification, this Morgan Dollar exemplifies what makes classic U.S. coinage such a rewarding pursuit for collectors and investors alike.