1903-S $1 MS(PCGS#7288)

Summer 2026 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

2171

Grade

MS64

Price

11,590

Lot Description

A satiny and nicely composed Choice Mint State representative of this scarce, conditionally challenging issue. Blushes of pretty champagne-apricot and powder blue iridescence decorate the periphery on an otherwise brilliant obverse, while the reverse is richly toned in gently mottled copper-gray and reddish-apricot patina. Sharply struck on both sides.<p>Simply put, the 1903-S is one of the rarest Morgan silver dollars in Mint State. A mintage of 1,241,000 coins is partly to blame for this, but the real culprit is its distribution, or rather lack thereof. With well worn survivors in grades such as Good and VG relatively obtainable, it seems likely that a fair number of 1903-S dollars entered circulation shortly after striking. Later releases of Mint State coins were few and far between, which suggests that much of the mintage succumbed to melting pursuant to the 1918 Pittman Act. This lovely Choice Uncirculated example ranks among the finer certified examples. Here is a significant bidding opportunity for quality conscious Morgan dollar collectors.