1903 Morgan Silver Dollar — PCGS XF40 — Philadelphia Mint
A classic piece of American silver coinage, this 1903 Morgan Silver Dollar has been professionally authenticated and graded XF40 by PCGS (Professional Coin Grading Service).
The 1903 Morgan is an interesting issue for collectors because only 4,652,000 examples were struck at the Philadelphia Mint. This coin carries no mint mark, identifying it as a Philadelphia issue.
PCGS Certified XF40
This Morgan dollar has received a numerical grade of XF40, rather than a Details designation. That is an important distinction for collectors because the coin has been evaluated by PCGS and assigned a standard grade.
Coin: 1903 Morgan Silver Dollar
Denomination: $1
Mint: Philadelphia — No Mint Mark
Grade: PCGS XF40
PCGS Price Guide: $92
Mintage: 4,652,000
Composition: 90% Silver / 10% Copper
Silver Content: Approximately 0.7734 troy ounce
Weight: Approximately 26.73 grams
Designer: George T. Morgan
Certification: PCGS
About the Morgan Silver Dollar
The Morgan dollar is one of America's most recognizable historic silver coins. Designed by George T. Morgan, it was first introduced in 1878 and was produced through 1904, returning for one final year in 1921.
Each Morgan dollar contains approximately 0.7734 troy ounce of silver, making these coins popular with both numismatic collectors and those who appreciate historic American silver.
The 1903 issue was produced during the final years of the original Morgan dollar production period. With a mintage of 4,652,000, it is considerably less common by production numbers than many of the heavily produced Philadelphia Morgan issues.
Why Collectors Appreciate This Coin
This example offers several qualities collectors look for:
- 1903 date from the classic Morgan dollar era
- Philadelphia Mint issue with no mint mark
- Relatively modest 4,652,000 mintage
- Professional PCGS certification
- A standard XF40 numerical grade
- Authentic 90% silver Morgan dollar
- Approximately 0.7734 troy ounce of silver
The XF40 grade indicates a circulated coin with substantial original detail remaining, making this an appealing choice for collectors who want an authentic historic Morgan dollar without the cost of a high-grade Mint State example.
Collector's Note
This coin is housed in its PCGS-certified holder. The PCGS certification and XF40 grade provide an independent assessment of the coin's authenticity and condition.
The photographs provided should be considered part of the description and show the actual coin being offered.
A wonderful addition for collectors of Morgan Silver Dollars, classic American coinage, 90% silver coins, and PCGS-certified U.S. currency.
