History, Information, and Value of 1903 Morgan Dollar
Value of 1903-S Morgan Silver Dollar
Most 1903-S Morgan Silver Dollars are well struck, very lustrous, and quite beautiful. Bagmarks are minimal. Overall the 1903-S is a rare issue in the Morgan dollar series with Mint State coins in demand at all levels. Hundreds of thousands of 1903-S coins were likely melted under the 1918 Pittman Act. No proof coins were produced in the San Francisco mint.
For a High End Buyer, This Coin is Ideal as a Circ: EF and AU pieces dot the marketplace though they do not come cheaply-an AU will cost $1,000+ but is still a viable alternative to a costly Mint State coin.
This Nice Coin Will Come at a High Price: Many of today’s known specimens come from bags released over many years by the San Francisco Mint; the bag supply dried up in the 1950s. A hand-picked MS-63 coin is worth owning for those who have the numismatic budget for such a purchase. Look for sharpness and luster, two qualities that are generally present for the date.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1903.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; S.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.
The Morgan Dollar series is very popular among collectors. If you have a Morgan (Liberty) Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to help you. We run rare coin auctions and will find your treasured coin a home where it will be valued. Additionally, if you keep asking yourself: “What is my coin worth” then we invite you to use our online coin price guide. Contact us today to sell your coin!