1895-S Morgan Silver Dollar PCGS MS65 * VERY RARE * AGT-13
Examples of 1895-S filtered out of the San Francisco Mint over a long period of years in the normal course of business. Around the year 1900 there was a flurry of interest in 1894-O, 1894-S, 1895-O, and 1895-S silver dollars, and a few specimens were sold for several dollars each. The interest soon faded, and Uncirculated pieces could be obtained for less than $2 apiece. Pieces have always been available at a price.
A few bags of 1895-S dollars were released by the San Francisco Mint in 1942, much to the delight of Bay Area numismatists. From that time through the very early 1950s, more bags were paid out, but then the distribution stopped. By 1953-1955, 1895-S dollars were considered to be rare. John Skubis recalled that K.O. Cunningham, of Nevada, offered a bag for $5,000 to $6,000 around this time, but John did not buy it, for he was fearful that a lot more would be released at face value. Indeed, some additional coins were released, but most went to casinos or the public-rather than to dealers.