1903-S $1 MS(PCGS#7288)

Spring 2026 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

3087

Grade

MS64+

Price

11,700

Lot Description

Here is a premium Choice Uncirculated example of this key date entry in the later Morgan dollar series. A touch of pale champagne-gold toning enhances bountiful mint luster in a soft satin texture. The strike is razor sharp with full definition over even the most intricate design elements. This is a lovely coin, one that is fully deserving of the desirable MS-64+ assessment from PCGS.<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 lack of distribution. 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 piece ranks among the finer certified examples currently available. Here is a significant bidding opportunity for quality conscious Morgan dollar collectors.