1903-S $1 Micro S (Regular Strike)

Series: Morgan Dollars 1878-1921

PCGS MS65+

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MINTMARK COMPARISON

PCGS MS62

PCGS #:: 7306

Designer:: George T. Morgan

Edge:: Reeded

Diameter:: 38.10 millimeters

Weight:: 26.73 grams

Mintage:: 1,241,000

Mint:: San Francisco

Metal:: 90% Silver, 10% Copper

Auction Record:: $76,375 • MS62 • 04-26-2015 • Heritage Auctions

ShowHide Related Coins and Varieties (9)

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Die Varieties

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Price Guide (USD)

PCGS Population

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For Sale Now at Collectors Corner - PCGS Graded

For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	5,000	R-4.0	2 / 117 TIE	2 / 117 TIE
60 or Better	10	R-9.5	1 / 117 TIE	1 / 117 TIE
65 or Better	0	R-10.1	1 / 117	1 / 117

Survival Estimate
All Grades	5,000
60 or Better	10
65 or Better

Numismatic Rarity
All Grades	R-4.0
60 or Better	R-9.5
65 or Better	R-10.1

Relative Rarity By Type All Specs in this Type
All Grades	2 / 117 TIE
60 or Better	1 / 117 TIE
65 or Better	1 / 117

Relative Rarity By Series All Specs in this Series
All Grades	2 / 117 TIE
60 or Better	1 / 117 TIE
65 or Better	1 / 117

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS65 PCGS grade	Heritage 1/2016:5504, $76,375
2	MS62 PCGS grade
3	AU58 PCGS grade
3	AU58 PCGS grade
3	AU58 estimated grade
6	AU55 PCGS grade
6	AU55 PCGS grade
6	AU55 PCGS grade

#1 MS65 PCGS grade

Heritage 1/2016:5504, $76,375

#2 MS62 PCGS grade

#3 AU58 PCGS grade

#3 AU58 estimated grade

#6 AU55 PCGS grade

Ron Guth:

The 1903-S Micro S Silver Dollar is a variety (VAM-2) with an undersized mintmark, similar in size to the mintmark on a Quarter Dollar. Most likely, the engraver picked up the wrong punch, stamped the mintmark into the die, and missed the error.

The 1903-S Micro S Silver Dollar is popular with collectors and it can be found with relative ease. PCGS reports (as of September 2011) a population in excess of 350 pieces, but PCGS has not certified even a single Mint State example since 1986. The finest examples collectors can hope to find are a pair of PCGS AU-58s.