1892 S [VAM-2] Morgan Dollar — Coin Value

Morgan Dollar

What the 1892 S [VAM-2] Morgan Dollar is worth — ungraded vs graded (MS62 / MS66).

1892 S [VAM-2] Morgan Dollar value — Ungraded $192. Prices updated August 2026.

Series · Morgan DollarMint · SYear · 1892
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Which version do you have?

If you simply want the coin, the Standard version at $94 is the cheapest option. The VAM-2 at $194 and VAM-8 at $254 represent graded, higher-quality examples, offering better condition and collector appeal. Buyers prioritizing basic ownership should stick to Standard, while those seeking premium condition and investment potential should pay the extra for the VAM-2 or VAM-8.

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Item details

Series
Morgan Dollar
Year
1892
Mint
S

1892 S [VAM-2] Morgan Dollar value

A raw (ungraded) 1892 S [VAM-2] Morgan Dollar runs around $192, a certified MS62 about null, and a high-grade MS66 commands null.

What drives the price

Grade, mint mark, strike quality, and key dates drive coin value. Certified (slabbed) coins carry a premium over raw; low-mintage years and full-strike examples appreciate the most.

Price guide

What this actually trades for — sold values by condition vs. what sellers are asking today

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ConditionValueBased on
Ungraded$192eBay sold comps

Frequently asked questions

What is the current value of this 1892 S Morgan Dollar?
The Ungraded 1892 S Morgan Dollar is currently valued at $196.
Is the mint mark 'S' significant for this coin?
The 'S' indicates this Morgan Dollar was minted at the San Francisco mint.
What condition is the coin in?
The coin is listed as Ungraded, meaning it has not been professionally graded.

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