1903-S $1 MS (PCGS# 7288)
The March 2011 Baltimore Auction
Lot Number: 3801
View the Original Auction
An elusive issue in all grades, the 1903-S Morgan Dollar has a limited mintage (by the standards of the type) of just 1.2 million pieces. Many of those coins are believed to have been melted under the terms of the 1918 Pittman Act, with the result that Mint State survivors are particularly scarce in numismatic circles.<br /> As a solidly graded Gem with nary a distracting abrasion in evidence, the coin we offer here is nothing short of rare from a condition standpoint. Satin-to-softly frosted luster is uncommonly vibrant for this often drab-looking issue, and it is fully appreciable in the absence of significant toning. Razor sharp in strike, and seemingly earmarked for inclusion in the finest Morgan Dollar set.