A better date through and through, the 1894-S Morgan dollar is common enough in the lower circulated grades to remain relatively affordable for many collectors. Prices begin leaping upward around the AU level and in the Gem grades, right above MS64, this piece becomes a real rarity. A very small number of examples are known in MS67. PLs and DMPLs are exceedingly scarce, with only a few PLs known in MS65 and none known for that grade among the DMPLs.