Morgan Silver Dollar
1903-S Morgan Silver Dollar. MS-66 (PCGS). CAC.
This delightful premium Gem offers razor sharp detail from the rims to the centers. Bright and brilliant surfaces display satin to softly frosted luster that provide strong cartwheel effects under a light. Silky smooth and very close to pristine. Simply put, the 1903-S is one of the rarest Morgan silver dollars in Mint State. A mintage of 1,241,000 coins is partly to blame for this, but the real culprit is its distribution, or rather lack thereof. With well worn survivors in grades such as Good and VG relatively obtainable, it seems likely that a fair number of 1903-S dollars entered circulation shortly after striking. Later releases of Mint State coins were few and far between, which suggests that much of the mintage succumbed to melting pursuant to the 1918 Pittman Act. This upper end Gem ranks among the finest certified examples. Here is a significant bidding opportunity for quality conscious Morgan dollar collectors.
PCGS# 7288. NGC ID: 256T.
PCGS Population: 43; 17 finer in this category (MS-67+ finest).
From the Larry H. Miller Collection.
Estimate: $12000