1903-S. PCGS graded MS-65. A superior Gem example, richly toned overall in somewhat mottled shades of blue-green, gray, with accents of mauve and pink on the reverse. In tune with the 1904 S-mint issue in this series, the 1903-S is a remarkably scarce coin in the finer Mint State grades despite a respectable original mintage of 1.2 million pieces. It seems likely that many coins of this date were included among the 270,232,722 silver dollars that the U.S. government melted under the provisions of the Pittman Act. That silver was subsequently sold to the British government which then shipped it off to India during a silver panic in the subcontinent. The surfaces exhibit a smooth, carefully preserved appearance. There are very few of the usual contact marks, and neither side reveals any singularly distracting nicks or spots. A bold strike rounds out this coin's list of positive attributes. Pop 137; 51 finer (PCGS # 7288) . Estimated Value $9,000 - 9,500. Categories: Morgan Dollars
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