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The 1903 Morgan dollar is a common date in all grades up through MS65, with MS66s generally regarded as scarce and examples in the MS67 range or higher rare. This is one of the more well-struck Morgan dollars, providing plentiful Gems for collectors who want them. There are a number of PLs, though DMPLs are quite rare.
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:
7596
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
Denomination:
$1
Designation:
MS
Mint Location:
Philadelphia
Mintage:
4,652,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7284
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Body: Referring page: http://livetest.greysheet.com/prices/item/1903-morgan-silver-dollar-coin-values/gsid/7596 GSID: 7596 Title: 1903 $1 MS
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Coin Value History
1903 $1 MS
Value By Grade
1903 $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$52,000 | $1,234 |
| MS68 | - | $43,000 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $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 |
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: $50 – $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: $68 – $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: $74 – $60,000
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: $145 – $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: $320 – $5,400
1878 8TF $1 MS
Worth: $55 – $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: $50 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $78 – $6,600
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $54 – $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: $50 – $3,200
1903 $1 MS67 PCGS. ...
$2,928
1903 $1 MS65 NGC. CDN: $230 Whsle. Bid for NGC/PCGS MS65. Mintage 4,652,755. ...
$244
1903 $1 MS64 NGC. CDN: $136.84 Whsle. Bid for NGC/PCGS MS64. Mintage 4,652,755. ...
$154
1903 $1 MS63 PCGS. CDN: $122.89 Whsle. Bid for NGC/PCGS MS63. Mintage 4,652,755. ...
$130
1903 Morgan Silver Dollar. MS-66 (PCGS).
$464
1903 $1 AU58 PCGS. CDN: $82.18 Whsle. Bid for NGC/PCGS AU58. Mintage 4,652,755. ...
$109
1903 $1 MS62 NGC. CDN: $111.44 Whsle. Bid for NGC/PCGS MS62. Mintage 4,652,755. ...
$129
1903 $1 AU55 NGC. CDN: $97 Whsle. Bid for NGC/PCGS AU55. Mintage 4,652,755. ...
$99
1903 Morgan Silver Dollar. Unc Details--Cleaned (PCGS).
$85
1903 $1 MS61 NGC. CDN: $80.61 Whsle. Bid for NGC/PCGS MS61. Mintage 4,652,755....
$79
1903 $1 -- Cleaned -- CACG. Unc Details. Mintage 4,652,755....
$79
1903 $1 MS68 PCGS....
$36,000
1903 $1 PCGS AU50
$60
1903 $1 XF40 PCGS. PCGS Population (15/14690). NGC Census: (8/12034). Mintage: 4,652,755. Numismedia Wsl. Price for problem...
$50
1903 $1 AU53 PCGS. PCGS Population (49/11594). NGC Census: (8/9794). Mintage: 4,652,755. Numismedia Wsl. Price for problem ...
$38
1903 $1 AG3 PCGS. PCGS Population (4/11652). NGC Census: (0/9634). Mintage: 4,652,755. Numismedia Wsl. Price for problem fr...
$47
1903 $1 Morgan Dollar--Struck Twice in Collar With Overlap--XF45 PCGS. ...
$2,300
1903 $1 --Cleaned, Scratched--ANACS. VF 20 Details. NGC Census: (2/6829). PCGS Population (0/9448). Mintage: 4,652,755. Numi...
$21
1903 $1 MS67 NGC. ...
$2,684
1903 $1 MS65 PCGS. CDN: $230 Whsle. Bid for NGC/PCGS MS65. Mintage 4,652,755. ...
$244
Greysheet News
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9/4/2026
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Rarities across the spectrum of American coinage are set to cross the auction block.
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Events
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Location: Heritage Auctions
Wednesday, July 1, 2026
Heritage Auctions: World & Ancient Coins Wednesday & Thursday Select Auction
Location: Heritage Auctions
Thursday, July 2, 2026
