A worn 1893-S Morgan dollar, carried as a good luck charm for years, has turned out to be one of the rarest coins in the world. This silver dollar, tucked in a man’s pocket through decades of life’s ups and downs, is now grabbing headlines as it heads to auction. Collectors are calling it a once-in-a-lifetime find, with bids expected to soar into the millions. Its story, from a simple keepsake to a global treasure, has everyone talking.
A Lucky Charm with a Big Secret
The coin’s owner, a retired mechanic from Ohio, got the 1893-S Morgan dollar from his grandfather in the 1960s. He carried it everywhere, believing it brought him luck. For over 50 years, it jingled in his pocket, a quiet companion through jobs, moves, and family milestones. Last year, a friend suggested he have it appraised. The local coin shop’s reaction was pure shock: this was no ordinary dollar. It was one of only 100,000 minted in San Francisco in 1893, with very few still around today.
Why This Coin Is a Big Deal
The 1893-S Morgan dollar is a legend among collectors. Designed by George T. Morgan, it features Lady Liberty on one side and an eagle on the other, a classic symbol of American pride. What makes this coin so valuable is its low mintage and the fact that many were melted down or lost over time. Experts estimate fewer than 10,000 survive, and most are heavily worn. This one, despite years in a pocket, still shows clear details, making it a rare gem.
| Feature | Details |
|---|---|
| Mint Year | 1893 |
| Mint Location | San Francisco (S) |
| Mintage | 100,000 |
| Designer | George T. Morgan |
| Estimated Value | $1.8M–$2.5M+ |
Auction Houses Battle for the Prize
News of the coin’s discovery spread fast, and top auction houses like Christie’s and Stack’s Bowers are now in a race to feature it. Scheduled for auctions in Chicago and Paris in August 2025, the Morgan dollar is drawing collectors from across the globe. Online bidding platforms have seen a surge in interest, with some early offers already topping $1 million. Experts predict it could break the record for the highest price paid for a Morgan dollar, set at $2.2 million in 2020.
A Piece of America’s Past
This 1893-S Morgan dollar is more than just money; it’s a snapshot of history. Minted during a time of economic struggle in the U.S., it tells a story of resilience and hope. The owner, now in his 70s, says parting with it feels like letting go of family. He plans to use some of the sale money to help his grandkids with college and donate to a local history museum. “It was my lucky charm, but now it’s time for someone else to hold it,” he said.
The Coin’s Bright Future
As the auction dates get closer, the 1893-S Morgan dollar is sparking excitement online. Coin enthusiasts are sharing photos and stories, and museums are hoping it might end up on display. Whether it finds a home with a private collector or becomes a public treasure, this coin’s journey is far from over. It’s a reminder that even the smallest things can carry huge value, waiting for the right moment to shine. The world is watching to see where this lucky charm lands next.