The 1889-S Morgan dollar is, like so many other S-mint dollars of that period, a low-mintage issue that is in all respects a scarce coin. Though, it was once thought to be a very rare coin until bag quantities came onto the market in the 1930s and 1940s. This piece is readily available in the circulated grades up through about MS64, becoming very challenging above that level. It is a considerable rarity in the grades of MS66 or higher. PLs and DMPLs are rare in all grades.