1892-P Morgan Dollar
Semi-keyMintages dropped sharply across the series in 1892 as the Sherman Act coinage requirement lapsed.
Mintage
- Business strikes
- 1,036,000
- Mint
- Philadelphia (no mintmark)
- Mintage rank
- 18 of 96
- Proofs struck
- 1,245
Rank 1 is the lowest business-strike mintage in the series. Mintage is what the Mint produced, not what survives: some 270 million silver dollars were melted under the Pittman Act of 1918 without the dates being recorded, and several issues sat in Treasury vaults for decades before release.
Reading the figure
Among the 27 Philadelphia issues in the series it is the 4th smallest. Of the 6,332,000 struck across all mints in 1892, this issue accounts for 16%. New Orleans struck 2.6 times as many that year. The 1892 split ran New Orleans 2,744,000, Carson City 1,352,000, San Francisco 1,200,000 and Philadelphia 1,036,000. The series median is 5,000,000, so fewer than half as many of these were struck as a typical date. Series-wide output fell that year: 6,332,000 against 23,562,085 in 1891.
Every sentence above is computed from the mintage table on this page, not asserted separately.
Scarcity tier
Semi-key
Assigned from reported mintage alone: under 750,000 is a key date, under 2,500,000 is a semi-key.
This is a reproducible label derived from the mintage column, not a market valuation and not a Coin Curator price opinion. The same thresholds apply to every series on this site. Several dates are far harder or far easier to obtain than their mintage implies; where that is true, it is stated above.
Recent sold prices
Last checked Sep 16, 2026 · most recent sale Sep 15, 2026What certified 1892-P Morgan dollars actually sold for on eBay in the last 90 days, grouped by grade band. Every figure below is a completed sale of a PCGS, NGC or ANACS coin in a straight grade. This is a record of what changed hands, not a price guide, an appraisal, or a prediction of what yours is worth.
About Uncirculated
AU50 to AU58$242
Median of 7 sales
- Lowest
- $109
- Highest
- $1,325
The 4 most recent sales
- $109PCGS AU53 · Sep 15, 2026PCGS AU53 1892 Morgan Silver Dollar $1 Philadelphia Business Strike 0.9 Fine
- $1,325NGC AU55 · Sep 10, 20261892 Carson City Nevada Morgan Dollar NGC AU 55
- $191NGC AU50 · Sep 7, 20261892-P $1 Morgan Silver Dollar NGC AU 50
- $240NGC AU55 · Sep 6, 20261892 Morgan Silver Dollar NGC AU 55
Seller titles, verbatim. An ended eBay listing stays readable for about 90 days, so older links will expire.
Mint State
MS60 and above$670
Median of 5 sales
- Lowest
- $450
- Highest
- $3,395
The 4 most recent sales
- $3,395PCGS MS62 · Sep 15, 20261892‑CC Morgan Dollar PCGS MS62+ CAC - Carson City - Premium Gem BU
- $489PCGS MS61 · Sep 14, 20261892 $1 Morgan Silver Dollar - PCGS MS61 - Goldshield - Free Shipping
- $955PCGS MS64 · Sep 12, 20261892 Morgan Silver Dollar PCGS MS64
- $851NGC MS63 · Sep 12, 20261892 P Morgan Silver Dollar NGC MS63 Choice BU Lustrous Better Date Coin
Seller titles, verbatim. An ended eBay listing stays readable for about 90 days, so older links will expire.
How to read these
- The median is the middle sale after removing outliers. The range is every sale kept, including the outliers, so you can see how wide the market actually is.
- Grade drives most of the difference. A band with three sales tells you far less than a band with thirty, and the count is shown so you can weigh it.
- Sales of coins in “Details”, “Genuine” or cleaned holders are excluded, as are proofs, replicas, lots, and mounted coins. Those sell at prices that would not describe the coin on this page.
- So is any sale priced below what this same date fetches in a lower grade, which is impossible for a real coin and is how a counterfeit in a convincing holder gives itself away.
- 1 further qualifying sale fell in a grade band with fewer than 3 sales, which is too few to report a median from, so it is not shown.
Coin Curator does not grade, authenticate, or appraise coins, and holds no licensed price guide or population data. How this data is collected.
What to check before buying
Nothing about this date calls for a check beyond the ones that apply to any certified coin.
And for any certified coin
Verify the certification number on the grading service’s own lookup rather than from a photograph of the label, match the listing images to the certification record including grade and any variety attribution, look for cleaning, compare the mintmark against published photographs of the genuine issue, and read the return policy before buying. The grading guide covers each of these in full.
Coin Curator does not grade, authenticate, or appraise coins, and holds no licensed price guide or population data. Where this page shows recent sold prices, they are records of completed eBay sales, not a valuation of any particular coin. These are verification steps, not an appraisal.
Verify a certification number
Look a 1892-P certification number up on the service’s own site. A photograph of a label proves nothing.
Each service publishes its own guarantee with conditions and exclusions. Compare PCGS, NGC and ANACS.
Find a 1892-P for sale
Opens an eBay search for this exact date and mint. Coin Curator does not list inventory, hold stock, or set prices; verify each listing, seller, and return policy directly.
Affiliate link: Coin Curator may earn a commission at no extra cost to you. Disclosure.
Common questions
How many 1892-P Morgan dollars were minted?
The Philadelphia Mint struck 1,036,000 1892-P Morgan dollars for circulation. That is the 18th lowest business-strike mintage of the 96 date and mintmark combinations in the series.
Is the 1892-P Morgan dollar a key date?
Coin Curator labels it a semi-key, assigned from reported mintage alone: under 750,000 struck is a key date and under 2,500,000 is a semi-key. The same thresholds are used for every series on this site, so the tiers are comparable between them. That label describes production, not market value or how hard the coin is to find today. Mintages dropped sharply across the series in 1892 as the Sherman Act coinage requirement lapsed.
What should I check before buying an 1892-P Morgan dollar?
Verify the certification number on the grading service's own lookup page, match the listing photographs to the certification record, check for cleaning, and compare the mintmark shape and position against published photographs of the genuine issue.
Related dates
Guides for this coin
All guides →Morgan Dollar Key Dates and Varieties
The 1893-S, 1895 Proof-only, 1889-CC, and important VAM varieties show why date, mint, attribution, and condition must be researched together.
1 min readVintage GuideCarson City Mint: Why CC Coins Command Premiums
Carson City Mint operated 1870-1885 + 1889-1893. Coins from the silver mined down the road. Low mintages, frontier-era history, and the iconic CC mint mark, the most romantic coins in US numismatics.
2 min readBuying GuideMS-63 vs MS-65 vs MS-67: Which Grade to Actually Buy
Adjacent grades can carry very different market evidence. Learn how to compare surfaces, eye appeal, population data, and current records before choosing a grade.
1 min readEducationPCGS vs NGC vs ANACS: Which Grading Service for Coins?
Compare PCGS, NGC, and ANACS by current service terms, holder and guarantee limitations, verification tools, and the needs of the particular coin.
1 min readMintage sources
Mintage figures are U.S. Mint production records, cross-checked against the published tables below on 2026-07-31. Where those tables disagree, the disagreement is disclosed on the affected page rather than resolved silently.
- Wikipedia, "Morgan dollar" mintage figures table — Cites Yeoman (A Guide Book of United States Coins) and Van Allen & Mallis.
- CoinMintages.com, Morgan dollar mintages — Lists business strikes and proofs separately, including the 1878 tail-feather varieties.
- GovMint, Morgan silver dollar mintage chart — Published as sourced from U.S. Mint records.
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