Coin collecting captivates enthusiasts with its mix of historical intrigue and the potential for immense monetary value. Some of the most prized coins come from the San Francisco Mint, known for its meticulous craftsmanship. Certain coins have reached auction prices as high as $750,000 or more, and a lucky few may still be found in private collections or everyday circulation. Here’s a closer look at five extraordinary San Francisco-minted coins.
1884-S Morgan Silver Dollar
The 1884-S Morgan Silver Dollar is a perfect example of a coin that has gained value over time due to its rarity in high grades.
Key Details:
- Mintage: 3.2 million.
- Auction Record: $750,000 (November 2020).
- Why It’s Rare: Most coins entered circulation or were melted down under the 1918 Pittman Act, leaving few in uncirculated condition.
The “Wonder Coin,” a specimen graded MS-68 by PCGS, is celebrated for its pristine condition and exceptional luster, making it one of the finest examples known.
1892-S Morgan Silver Dollar
The 1892-S Morgan Silver Dollar, though minted in higher numbers than some others on this list, is exceedingly rare in mint-state condition.
Key Details:
- Mintage: 1.2 million.
- Auction Record: $630,000 (2020).
- Why It’s Rare: Heavy circulation significantly reduced the number of high-grade specimens.
Collectors prize this coin for its historical significance and scarcity in uncirculated grades.
1893-S Morgan Silver Dollar
Often referred to as the “Holy Grail” of Morgan Silver Dollars, the 1893-S has the lowest mintage in the series and is a dream find for collectors.
Key Details:
- Mintage: 100,000.
- Auction Record: $2,086,875 (2021).
- Why It’s Rare: Its low mintage and survival in mint condition make it one of the rarest coins in U.S. history.
The 1893-S’s extraordinary auction record underscores its status as a top-tier collectible.
1894-S Barber Dime
Shrouded in mystery, the 1894-S Barber Dime is one of the rarest and most intriguing U.S. coins ever minted.
Key Details:
- Mintage: 24.
- Auction Record: $1.9 million (2007).
- Why It’s Rare: Only nine are known to exist, with their origin tied to a mix of speculation and legend.
One story claims a young girl spent one of these dimes on ice cream, further adding to the coin’s lore.
1975 “No S” Proof Dime
A modern rarity, the 1975 “No S” Proof Dime is an error coin that was supposed to carry the “S” mint mark but does not.
Key Details:
- Mintage: Unknown (only two confirmed examples).
- Auction Record: $500,000 (October 2024).
- Why It’s Rare: Proof dimes without the “S” mint mark are nearly nonexistent.
One of these dimes remained in a bank vault for over 40 years before its true value was observed, highlighting the hidden potential in overlooked collections.
| Coin | Year | Mintage | Auction Record | Notes |
|---|---|---|---|---|
| 1884-S Morgan Silver Dollar | 1884 | 3.2 million | $750,000 | Most circulated; high-grade specimens are rare. |
| 1892-S Morgan Silver Dollar | 1892 | 1.2 million | $630,000 | Few uncirculated examples due to heavy usage. |
| 1893-S Morgan Silver Dollar | 1893 | 100,000 | $2,086,875 | Lowest mintage in the series. |
| 1894-S Barber Dime | 1894 | 24 | $1.9 million | Only nine known; origins remain mysterious. |
| 1975 “No S” Proof Dime | 1975 | Unknown | $500,000 | One of two error coins missing the “S” mark. |
Hidden Treasures
While the chances of finding one of these coins in loose change are slim, it’s not impossible. Many of these treasures remain hidden in private collections or passed down through generations without their true value being recognized. If you have old coins lying around, take the time to inspect them closely—there’s always a chance that you might uncover a piece of history worth a fortune.
FAQs
What is the rarest San Francisco coin?
The 1894-S Barber Dime, with only 24 minted and nine known examples.
Why is the 1893-S Morgan Dollar so valuable?
It has the lowest mintage in the Morgan series, with only 100,000 produced.
How much is the 1884-S Morgan Silver Dollar worth?
High-grade examples can sell for up to $750,000.
What is special about the 1975 ‘No S’ Proof Dime?
It lacks the ‘S’ mint mark, with only two confirmed examples.
Can I find rare coins in circulation?
While rare, coins can remain hidden in collections or everyday change.