1903-O $1 MS(PCGS#7286)

June 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

2285

Grade

MS67

Price

6,300

Lot Description

A fully brilliant and satiny Gem example of the issue with a strong strike and exceptional eye appeal. The cartwheel luster is nothing short of spectacular. Exceptional for the grade. 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 date. 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. Such are the changing fortunes in numismatics.