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Coins/ Dollars / Morgan Dollars/ 1903-O

FINENESS .900ASW 0.77344 OZT38.1 MM

Overview History Mints Key Dates Varieties Collecting Grading Checklist References

Issue RecordSEMI-KEYNew Orleans90% Silver1 of 97 issues

1903-O Morgan Dollar

Fewer than ten mint-state pieces were believed to exist in 1962, and the Guide Book listed it at $1,500 — the highest of any Morgan. Then sealed Treasury bags released an estimated 200,000–350,000, and the price touched $7. The standing lesson that mintage alone can't predict availability.

The numbers, and what kind of numbers they are

Every figure carries its evidence class. Press a class to open the record behind it — what it rests on, by what method, and what the series says you should not conclude from it.

DELIVERED IN 1903

4,450,000

What the mint delivered to the Treasurer during that calendar year. The Mint counted deliveries, not dates — a coin delivered in January could have been struck the previous December.

DATED ATTRIBUTION

4,450,000

What the trade assigns to coins bearing this date. A modern allocation by an outside authority, not a federal record.

ESTIMATED SURVIVORS

445,000

An estimate of how many still exist in any grade, not a count of coins anyone has seen. The mint-state and gem figures beneath it are where a date's price actually lives.

AUCTION RECORD

$36,000

The highest public sale on record for this issue. One coin, one night — a ceiling, not a market.

Specifications

SpecificationValue

DENOMINATIONDollar

DESIGNERGeorge T. Morgan

COMPOSITION90% silver, 10% copper

WEIGHT26.73 g

SILVER CONTENT0.77344 ozt

DIAMETER38.1 mm

EDGEReeded

MINTNew Orleans

MINT MARKReverse, below the wreath bow, above the DO of DOLLAR

The primary record

Every document behind the figures above. Where OunceDesk holds a copy, the row opens it.

MR1908 table No.26
Held in the Archive · behind delivered in 1903

PCGS CoinFacts no. 7286
External authority — not held by OunceDesk · behind dated attribution

PCGS CoinFacts
External authority — not held by OunceDesk · behind estimated survivors

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