1903 (S) Morgan Dollar
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-67). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$31,200 MS65PL 01-14-2024 Heritage Auctions
Description
The 1903 (S) Morgan Dollar is a dollar produced at the San Francisco Mint as part of the Morgan Dollars 1878-1921 series. Total mintage reached 1.2 million. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars, while the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. Designed by George T. Morgan. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7289. The Morgan Dollar is the most widely collected U.S. Key dates include the 1893-S (mintage 100,000), 1889-CC, 1895 (proof only), and 1903-O. Carson City Mint issues carry premium prices. The GSA Treasury hoard releases of the 1970s reinvigorated the market.
External References
Error Varieties(10)
1903-S VAM-1
1903-S VAM-1A
1903-S VAM-2
1903-S VAM-3
1903-S VAM-4
1903-S VAM-5
1903-S VAM-6
1903-S VAM-7
1903-S VAM-8
