1903-O $1, PL MS(PCGS#7287)

1903-O $1, PL MS (PCGS#7287)

Summer 2025 Global Showcase Auction U.S. Coins

Lot Description: A fully brilliant Gem example with an uncommon degree of reflectivity to the finish in an example of this celebrated Morgan dollar issue. The fields are boldly mirrored and support lightly frosted, fully impressed motifs. Exceptional in all regards. A century ago this coin would have been counted as one of the most fantastic Morgan dollars in existence. For decades the 1903-O was known only in circulated grades with but few exceptions. A VF-20 coin 60 years ago was considered a remarkable example of the issue. Then, in the early 1960s, the Treasury hoard revealed a few bags of Mint State 1903-O Morgans and the rush was on. Those poor collectors who found themselves with circulated examples of the date worth up to $1,500 in the <em>Guide Book</em> now owned a relatively "common" coin in only average condition. With the advent of third party grading, however, it was soon learned that in Prooflike Mint State the 1903-O remains a very scarce Morgan dollar. As an upper end Gem, the coin offered here is an undeniable strike and condition rarity that will surely see spirited bidding.