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An Excessively Rare 1893-S in Gem Mint State PCGS MS-65 CAC
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The 1903-S Micro S Morgan dollar is a popular variety that experts believe may have been struck by a die punched with an S mintmark intended for the Barber quarter. A few thousand specimens are known to exist, though essentially all are circulated specimens. Perhaps a tiny few exist in uncirculated condition. There are no known PLs or DMPLs. This important VAM variety is designated as one of the MEGARED100 in the Mega Red 10th edition.
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:
25252
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
Variety:
Micro S
Variety 2:
VAM-2
Coin Date:
1903-S
Denomination:
$1
Designation:
MS
Mint Location:
San Francisco
Mint Mark:
S
Mintage:
1,241,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
133967
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Body: Referring page: http://beta.greysheet.com/prices/item/1903-s-morgan-silver-dollar-micro-s-vam-2-coin-values-megared100/gsid/25252 GSID: 25252 Title: 1903-S $1 Micro S, VAM-2 MS
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Coin Value History
1903-S $1 Micro S, VAM-2 MS
Value By Grade
1903-S $1 Micro S, VAM-2 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) |
|---|---|---|---|
| MS65 |
|
$110,500 | $1,234 |
| MS65 | - | $96,000 | $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 |
Morgan $1 Pre-1921 MS [Type]
![Morgan $1 Pre-1921 MS [Type]](https://images.greysheet.com/ProductImages/DLRC/194xxx/a15b3867-56c4-4feb-9ccd-68ae7da30226.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
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-S $1 Micro S, VAM-2, AU53 PCGS. A Top 100 Variety. PCGS Population: 8 in 53, 9 finer (5/26). CDN: $6,000 Whsle. Bid fo...
$12,200
1903-S $1 Micro S, VAM-2, XF45 PCGS. A Top 100 Variety. PCGS Population: 49 in 45, 22 finer (12/25). CDN: $1,550 Whsle. Bid...
$3,416
1903-S $1 Micro S, VAM-2, MS62 PCGS....
$57,600
1903-S $1 Micro S, VAM-2, Top 100, Fine 15 PCGS. PCGS Population: (16/101). NGC Census: (12/117). CDN: $290 Whsle. Bid for ...
$312
1903-S $1 Micro S, VAM-2, Top 100, XF40 PCGS. California. PCGS Population: (18/22). NGC Census: (10/46). CDN: $1,050 Whsle....
$1,440
1903-S $1 Micro S, VAM-2, AU55 PCGS....
$19,200
1903-S $1 Micro S, VAM-2, Top 100, Good 4 NGC. NGC Census: (14/185). PCGS Population: (15/181). CDN: $100 Whsle. Bid for NG...
$121
1903-S $1 Micro S, VAM-2, AU50 NGC....
$3,600
1903-S $1 Micro S, VAM-2, Top 100, VF35 PCGS. CAC. PCGS Population: (17/38). NGC Census: (12/55). CDN: $700 Whsle. Bid for ...
$900
1903-S Morgan Silver Dollar. VAM-2. Top 100 Variety. Micro S. VF-25 (PCGS).
$408
1903-S $1 Micro S, VAM-2, Top 100, VG10 NGC. NGC Census: (9/131). PCGS Population: (17/129). CDN: $220 Whsle. Bid for NGC/P...
$192
1903-S $1 Micro S, VAM-2, Top 100, VF30 NGC. NGC Census: (14/49). PCGS Population: (17/50). VF30. ...
$396
1903-S $1 Micro S, VAM-2, Top 100, Good 6 NGC. A Top 100 Variety. NGC Census: (14/134). PCGS Population: (11/156). Good...
$100
1903-S $1 Micro S, VAM-2, AU58 PCGS. CAC. ...
$27,600
1903-S $1 Micro S, VAM-2, Top 100, VF20 NGC. NGC Census: (12/68). PCGS Population: (15/71). VF20. ...
$288
1903-S Morgan Silver Dollar. VAM-2. Top 100 Variety. Micro S. Fine-12 (PCGS).
$176
1903-S $1 Micro S MS65 PCGS. CAC. ...
$76,375
1903-S $1 Micro S, VAM-2, VG8 NGC. TOP-100. NGC Census: (8/89). PCGS Population (16/108). ...
$88
1903-S $1 Micro S, VAM-2, Top 100, Wurt I, AU53 PCGS. PCGS Population: (2/3 and 0/0+). NGC Census: (4/8 and 0/0+). CDN: $7,...
$11,400
1903-S $1 Micro S, VAM-2, XF45 PCGS. A Top 100 variety. PCGS Population: (14/9 and 0/0+)....
$5,760
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