1903-S $1 MS (PCGS# 7288)
The August 2013 Chicago ANA World's Fair of Money
Lot Number: 2718
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Long recognized as a key-date issue from the later Morgan dollar series, the 1903-S entered the annals of coinage history with a relatively limited mintage of 1.2 million pieces. Add to that a low rate of survivorship due to mass melting under the terms of 1918 Pittman Act and the rarity of Mint State examples should be obvious. Not only has this coin survived, but it has come down to us without acquiring any abrasions or other blemishes that would preclude a solid Gem grade. Each side is richly toned in hues of sunset-red, antique-gold, and jade-green, with some turquoise at the reverse. Indeed, the surfaces are overall smooth, and they also possess full satin-to-softly frosted luster. Most 1903-S dollars have little or no toning, this example is very special.