Coin Specifications Type: Morgan Silver Dollar Date: 1891 Mint: San Francisco (S mintmark) Mintage: 5,296,000 — a moderately low figure for the series Composition: 90% silver / 10% copper Total Weight: 26.73 g (~0.7734 ozt pure silver) Diameter: 38.1 mm Edge: Reeded Designer: George T. Morgan — Liberty on the obverse, eagle clutching arrows and olive branch on the reverse Historical Context The 1891-S issue served in the post–Bland-Allison Act era, a time when silver dollar mintage fluctuated. San Francisco’s production sought to meet bullion demands. Many coins were later buried or melted due to the Pittman Act; today’s MS survivors are a fraction of the original mintage (under ~10%) Grading & Rarity NGC MS62: Indicates uncirculated coin with moderate contact marks or minor surface issues. Clean, original finish but lacking high-end eye appeal PCGS estimates up to 40,000–70,000 coins exist in MS60–MS62, making it relatively common within survivor tiers Gems (MS65 ) are far scarcer; top-tier coins can command significant premiums Visual & Design Notes Obverse: Lady Liberty with a wreath and headband, surrounded by stars Reverse: Heraldic eagle holding arrows and olive branch, mintmark appears centrally above “DOLLAR” Typical MS62 traits: Clean strike, raw surfaces with contact marks, and average luster
