1903-S Morgan Dollar
The 1903-S Morgan dollar is one of the rarer and more valuable coins in the Morgan silver dollar series, minted at the San Francisco Mint. Known for its beautiful design and high silver content, this coin holds special appeal for collectors due to its rarity and numismatic significance. Many of the coins were melted under the Pittman Act in 1918, adding to its scarcity today.
Historical context
Designed by George T. Morgan, the 1903-S Morgan dollar was produced at the San Francisco Mint. The series ran from 1878 to 1904 and briefly in 1921. The mintage for the 1903-S was only 613,000, making it one of the lower production years. Many of these coins were melted during the implementation of the Pittman Act, contributing to its rarity in high grades today.
| Specifications | |
|---|---|
| Size | 38.1 millimeters |
| Denomination | 1 USD |
| Gross Weight | 26.73 grams |
| Actual Silver Weight | 0.7734 troy ounces of silver |
| Fineness/Composition | 90% silver, 10% copper |
| Diameter | 38.1 millimeters |
| Thickness | 2.4 millimeters |
| Specific Gravity | ~10.34 |
| Numismatic Price Range | $1000 - $100000 |
Coin description
The obverse features Liberty facing left, adorned with a Phrygian cap and a wreath of cotton and wheat in her hair, representing agricultural abundance. The surrounding inscription reads "Liberty," along with the motto "E Pluribus Unum" and the year 1903. On the reverse, an eagle with outstretched wings is encircled by a wreath, with the motto "In God We Trust" above and "United States of America" and "One Dollar" inscribed around the edge. A small "S" mintmark is located below the eagle, denoting its San Francisco origin.
Cultural and
numismatic significance
The Morgan dollar series is highly prized among collectors, and the 1903-S is no exception due to its rarity, particularly in higher grades. The coin is sought after for its historical significance, representing an era of American prosperity and expansion. Its scarcity, especially in mint condition, makes it a valuable acquisition for numismatists. High-end collectors especially prize Mint State specimens for their sharpness and luster.
Numismatic value
The value of a 1903-S Morgan dollar depends on its condition. In About Uncirculated (AU) condition, the coin can fetch upwards of $1,000, while a Mint State (MS-63) coin could command significantly more due to its sharp details and lack of wear. Lower-grade examples are still valued but are more affordable. Coins with fewer bag marks and better luster typically reach higher prices.
Frequently Asked Questions
At Coinfully, we pride ourselves on transparency. Our appraisals are based on the current market value of your dimes, including their silver content (for pre-1965 dimes) and their numismatic value. We provide a detailed breakdown of how we determine your offer so that you can be fully informed and confident in the price you receive.
Yes, we provide full insurance coverage for your shipment. Whether you’re sending Draped Bust dimes, Mercury dimes, or Roosevelt dimes, your coins are insured throughout the entire shipping process, ensuring that your valuable items are protected and safe.
We buy all types of U.S. dimes, including Draped Bust, Liberty Seated, Barber, Mercury, and Roosevelt dimes, and other collectible dimes. Whether your dimes are valuable for their silver content or their collectibility, we’re interested in making you a competitive offer.
There’s no obligation to sell your dimes after receiving an appraisal from Coinfully. We provide a free, no-pressure appraisal service to help you understand the value of your coins. You can choose to sell when you’re ready, with no pressure from us.
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