1892-S Silver Dollar (1892-S S$1) Mint Error NGC AU Details. The pictured 1892-S Morgan dollar is encapsulated in an NGC holder as having AU details and being improperly cleaned. Do not let the fact that this coin was improperly cleaned sway your decision to purchase this coin. Both the obverse and reverse feature beautiful dark toning that makes the devices pop. A beautiful coin with a rare mint error!

In 1859, the Comstock Lode in Nevada was yielding huge quantities of silver, with ore worth $36 million being extracted annually. After several futile attempts, the silver forces in Congress led by Representative Richard Bland of Missouri finally succeeded in winning authorization for a new silver dollar when Congress passed the Bland-Allison Act on February 28, 1878. This Act required the Treasury to purchase at market levels between two million and four million troy ounces of silver bullion every month to be coined into dollars.

The first Morgan dollars were struck in 1878 and the series would last until 1921. George T. Morgan was commissioned to design the new dollar coin. Morgan's obverse features a left-facing portrait of Miss Liberty. The reverse depicts a somewhat scrawny eagle which led some to vilify the coin as a "buzzard dollar." The designer's initial M appears on both sides a first. It's on the truncation of Liberty's neck and on the ribbon's left loop on the reverse.

The 1892-S Morgan dollar for sale features a partial collar mint error. A partial collar results in a line around the outside edge of the coin but this is on an angle possibly higher on one side than the other. This can often result in a slightly higher edge on one side of the coin which may also give the impression or a double or extended rim on the coin.