1903-S $1 MS(PCGS#7288)

1903-S $1 MS (PCGS#7288)

November 2025 Showcase Auction U.S. Coins

Losbeschreibung: A delightful premium Gem that is beautifully toned and exceptionally well preserved for the issue. Blended copper-rose, blue-gray and antique gold patina blankets the obverse, while the reverse exhibits somewhat of a target-like distribution to blue, rose and golden-orange iridescence. Razor sharp strike detail and intense satin luster are equally evident on both sides.<p>Simply put, the 1903-S is one of the rarest Morgan silver dollars in Mint State. A limited mintage of 1,241,000 pieces is partly to blame for this, but the real culprit is the distribution, or rather lack thereof, of this issue. 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 rather than remaining in government storage for many years, much of the mintage succumbed to melting pursuant to the 1918 Pittman Act. The present Gem not only survived, but now ranks among the finest certified examples. A significant find and rare bidding opportunity for the quality-conscious Morgan dollar collector.