Whitman Expo
An Excessively Rare 1893-S in Gem Mint State PCGS MS-65 CAC
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At one time considered one of the most important of rarities in the Morgan dollar series, the 1903-O is now known as one of the more common issues thanks to the release of bag quantities by the US Treasury in the 1960s. Indeed, the 1903-O Morgan dollar is common through at least MS65, it is scarce in MS66, and rare in MS67 or higher grades. PLs and DMPLs are marginally rare, especially in the Gem range, but can be had for a cost.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
GSID:
7658
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1903
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1903-O
Denomination:
$1
Designation:
MS
Mint Location:
New Orleans
Mint Mark:
O
Mintage:
4,450,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7286
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Coin Value History
1903-O $1 MS
Value By Grade
1903-O $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS67 |
|
$7,500 | $1,234 |
| MS67 | - | $5,500 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
| AG2 |
|
$1,234 | $1,234 |
| AG2 | - | $1,234 | $1,234 |
| P1 |
|
$1,234 | $1,234 |
| P1 | - | $1,234 | $1,234 |
Morgan $1 Pre-1921 MS [Type]
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Worth: $43 – $80,000
Morgan $1 Pre-1921 MS PL [Type]
![Morgan $1 Pre-1921 MS PL [Type]](https://images.greysheet.com/ctc/catalog/90o-pl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $60 – $7,800
Morgan $1 Pre-1921 MS DMPL [Type]
![Morgan $1 Pre-1921 MS DMPL [Type]](https://images.greysheet.com/ctc/catalog/84cc-dmpl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $66 – $42,000
Morgan $1 Carson City Mint MS [Type]
![Morgan $1 Carson City Mint MS [Type]](https://images.greysheet.com/ProductImages/DLRC/416xxx/e90065e0-537f-4db8-b2b8-efacd6817cff.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $125 – $50,000
Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]
![Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_4280-3.20200626010427369.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $325 – $5,400
1878 8TF $1 MS
Worth: $48 – $120,000
1878 8TF $1 MS PL
Worth: $200 – $7,800
1878 8TF $1 MS DMPL
Worth: $575 – $27,000
1878 7TF $1 Reverse of 1878 MS
Worth: $43 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $70 – $6,600
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $47 – $26,400
1878 7/8TF $1 Strong MS PL
Worth: $200 – $9,900
1878 7/8TF $1 Strong MS DMPL
Worth: $425 – $30,000
1878 7/8TF $1 Weak MS
Worth: $43 – $3,200
1903-O $1 MS62 PCGS. CDN: $600 Whsle. Bid for NGC/PCGS MS62. Mintage 4,450,000. ...
$702
1903-O $1 MS65+ NGC. CDN: $840 Whsle. Bid for NGC/PCGS MS65. Mintage 4,450,000. ...
$976
1903-O $1 Good 6 PCGS. PCGS Population: 31 in 6, 17600 finer (6/26). CDN: $450 Whsle. Bid for NGC/PCGS Good 6 . Mintage 4,...
$500
1903-O $1 MS63 PCGS. CDN: $700 Whsle. Bid for NGC/PCGS MS63. Mintage 4,450,000. ...
$732
1903-O $1 MS64 PCGS. CDN: $740 Whsle. Bid for NGC/PCGS MS64. Mintage 4,450,000. ...
$733
1903-O $1 XF45 PCGS. PCGS Population: 26 in 45, 17219 finer (6/26). CDN: $475 Whsle. Bid for NGC/PCGS XF45. Mintage 4,450,...
$573
1903-O Morgan Silver Dollar. MS-66 (PCGS). CAC.
$1,769
1903-O Morgan Silver Dollar. EF Details--Cleaned (PCGS).
$512
1903-O $1 XF40 PCGS. PCGS Population: 37 in 40, 17210 finer (5/26). CDN: $475 Whsle. Bid for NGC/PCGS XF40. Mintage 4,450,...
$573
1903-O $1 VF35 PCGS. PCGS Population: 36 in 35, 17204 finer (5/26). CDN: $460 Whsle. Bid for NGC/PCGS VF35. Mintage 4,450,...
$610
1903-O $1 Fine 12 PCGS. CAC. PCGS Population: 51 in 12, 17207 finer. CAC: 4 in 12, 1231 finer (2/26). CDN: $455 Whsle. Bid...
$561
1903-O $1 MS67 PCGS. CAC. ...
$6,100
1903-O $1 MS61 PCGS. CDN: $590 Whsle. Bid for NGC/PCGS MS61. Mintage 4,450,000. ...
$702
1903-O $1 -- Obverse Tooled -- CACG Details. Unc. Mintage 4,450,000. ...
$549
1903-O Morgan Silver Dollar. Good-4 (PCGS).
$504
1903-O $1 VG10 PCGS. PCGS Population: (43/16427). Mintage 4,450,000. ...
$504
1903-O $1 Fair 2 PCGS. PCGS Population: (4/16511). Mintage 4,450,000. ...
$360
1903-O $1 -- Scrape -- PCGS. VG Details. PCGS Population: (40/16335). NGC Census: (26/9981). CDN: $455 Whsle. Bid for NGC/P...
$420
1903-O $1 AU55 PCGS. PCGS Population: (10/15984). Mintage 4,450,000. ...
$528
1903-O $1 Poor 1 PCGS. PCGS Population: (3/16297 and 0/497+). Mintage 4,450,000. ...
$2,040
Greysheet News
The King of Morgan Dollars Comes to GreatCollections
7/30/2026
Distinctive Morgan Dollars Lead Heritage's July Attractively Toned U.S. Coins Showcase Auction
Demand for eye-appealing and premium quality coins pushes Heritage Auctions' July 20 event over $237,000.
7/27/2026
1888 Proof Double Eagle Leads Heritage's Summer FUN U.S. Coins Auction to $12.4 Million
1861-S Paquet Double Eagle, rare 1930-S Indian Eagle and early U.S. gold also rank among July 16-18 event highlights.
7/24/2026
Events
Heritage Auctions: US Currency Tuesday Select Auction
Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: World Paper Money Tuesday Select Auction
Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Location: Heritage Auctions
Wednesday, June 3, 2026