As of May, 2024, a 1903-S Dollar VAM 2 Micro S in circulated condition is worth between $175.00 and $40,250.00, while an uncirculated specimen can be valued between $50,000.00 and $75,000.00, depending on its grade and strike quality.

Looking back at auction records, the highest price was achieved by a Mint State grade that was hammered at $72,000.00 in the 09/08/2019 by renowned auctioneer Heritage Auctions, showcasing the allure of top-tier rarities.

Designer: George T. Morgan
Edge: Reeded
Diameter: 38.10 millimeters
Weight: 26.73 grams
Mintage: 1,241,000
Mint: San Francisco
Metal: 90% Silver, 10% Copper
Series: Morgan Dollars 1878-1921

1903-S Dollar Vam 2 Micro S (Regular Strike) – Price Chart

If you are aware of your coin’s grade, refer to the following chart to determine its value:

GradePrice($)
MS-6275,000.00
MS-6165,000.00
MS-6050,000.00
AU-58+40,250.00
AU-5831,750.00
AU-55+16,150.00
AU-5513,150.00
AU-53+11,650.00
AU-5310,150.00
AU-50+7,650.00
AU-506,150.00
XF-45+3,350.00
XF-452,550.00
XF-402,050.00
VF-351,250.00
VF-30800.00
VF-25650.00
VF-20500.00
F-15400.00
F-12325.00
VG-10275.00
VG-8235.00
G-6215.00
G-4200.00
AG-3185.00
FR-2175.00

If you are unsure of the grade, you can assess it based on the coin’s condition. More detailed information here.

GradeLowest Price($)Highest Price($)Average Price($)
Mint State50,000.0075,000.0063,333.33
About Uncirculated6,150.0040,250.0017,112.50
Extremely Fine2,050.003,350.002,650.00
Fine and Very Fine325.001,250.00654.17
Good and Very Good200.00275.00231.25
Poor, Fair, and About Good175.00185.00180.00

Please note that the estimated values are derived from the latest data in the PCGS Price Guide and are not guaranteed to be 100% accurate. We strongly recommend reviewing actual auction records, which can be filtered by grade. For further insights, refer to our analysis report, which is based on these data.

Also, there are multiple versions of the 1903 Morgan Dollar. We recommend checking the values of these coins as well to ensure a comprehensive assessment.

Coin NameMin Circulated Price($)Max Circulated Price($)Min Uncirculated Price($)Max Uncirculated Price($)
1903 Dollar (Regular Strike)44.00115.00120.0025,000.00
1903-O Dollar (Regular Strike)315.00710.00725.0036,000.00
1903-O Dollar, PL (Regular Strike)N/AN/A625.0015,000.00
1903-S Dollar (Regular Strike)75.004,500.005,000.00185,000.00
1903-S Dollar Micro S (Regular Strike)115.0040,000.0050,000.0095,000.00
1903 Dollar (Proof)1,050.002,000.002,250.0040,000.00
1903 Dollar, PL (Regular Strike)N/AN/A215.004,000.00
1903-O Dollar, DMPL (Regular Strike)N/AN/A700.0014,500.00
1903 Dollar, DMPL (Regular Strike)N/AN/A400.0026,500.00
1903-S Dollar, PL (Regular Strike)N/AN/A6,500.0030,000.00
1903 Dollar, CAM (Proof)N/AN/A2,700.0065,000.00

Coins listed have various mint marks and designations indicating where they were minted and if they are special strikes. To learn more about what the different mint marks and designations mean, please refer to our Mint Mark Chart and Coin Designation Reference Chart.

1903-S Dollar Vam 2 Micro S (Regular Strike) – Auction Chart & Report

This tool is very user-friendly. Simply select the coin grade, and our system will provide detailed information including:

  • Lowest Sale Price
  • Highest Sale Price
  • Average Sale Price
  • Most Recent Sale Price
  • Number of Sales
  • Sales Volume

You can also select different time periods for your query: 1 month, 6 months, 1 year, 3 years, or All time, with the default set to All time.

Grade:
1m 6m 1y 3y All

$940.00

Lowest Sale Price
$1,997.50

Highest Sale Price
$1,378.33

Average Sale Price
$1,680.00

Most Recent Sale Price
15

Number of Sales
$20,675.00

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-6272,000.0072,000.0072,000.00
AU-5827,600.0027,600.0027,600.00
AU-55734.389,988.006,997.98
AU-536,168.7511,400.008,421.25
AU-502,232.506,325.003,615.35
XF-45940.001,997.501,378.33
XF-40705.001,292.50943.25
VF-35423.001,140.00715.79
VF-30396.00853.00575.11
VF-25264.00434.75360.69
VF-20288.00399.50353.99
F-15211.50485.00322.50
F-12176.25282.00229.13
VG-1094.00260.00164.17
VG-864.6388.0076.32
G-6100.00154.00128.33
G-479.00111.0094.75
PO-150.00675.63255.03

The chart shows the min and max prices for the 1903-S Dollar VAM 2 Micro S (Regular Strike) coin across various grades from PO-1 to MS-62. The prices generally increase as the grade improves, with MS-62 having the highest max price $72,000.00.

Within each grade, there is also variability in prices, likely due to factors like specific coin characteristics or market conditions at time of sale. Overall, the chart illustrates how coin grade is a key driver of value for this particular 1903-S Dollar VAM 2 Micro S (Regular Strike).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1903-S Dollar VAM 2 Micro S (Regular Strike) coin. Heritage Auctions dominates with 78.35% share, followed by Stack's Bowers / David Lawrence RC with 11.34% / 6.19% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1903-S Dollar VAM 2 Micro S (Regular Strike) coin over the years. This visual representation traces the coin's value fluctuations, illustrating periods of increase, decrease, or stability in its average auction price.

Such a historical view is indispensable for collectors, investors, or researchers who are keen on comprehending the market dynamics and the coin's value trend over an extended period.

Raw Auction Records

Here are the lasted auction records from the auction history of the past years. You can filter these records by coin grade.

GradeGrade SourceSellerPrice($)Sold Date
XF-45PCGSHeritage Auctions1,680.0012/26/2023
AU-53PCGSHeritage Auctions11,400.0006/26/2023
XF-45PCGSStack's Bowers1,560.0006/16/2023
AU-50NGCHeritage Auctions3,600.0005/07/2023
VF-30NGCDavid Lawrence RC853.0003/12/2023
VF-35PCGSHeritage Auctions900.0003/06/2023
VF-25PCGSStack's Bowers408.0002/15/2023
G-4ANACSHeritage Auctions111.0001/04/2023
XF-45ANACSStack's Bowers960.0011/09/2022
VG-10NGCHeritage Auctions192.0009/28/2022
XF-45NGCHeritage Auctions1,560.0006/08/2022
VF-35PCGSHeritage Auctions1,140.0003/21/2022
VF-30PCGSDavid Lawrence RC775.0002/27/2022
VG-10NGCHeritage Auctions186.0007/28/2021
AU-53PCGSHeritage Auctions7,500.0006/20/2021
AU-50NGCHeritage Auctions3,120.0005/08/2021
AU-50NGCStack's Bowers3,360.0003/31/2021
XF-45NGCHeritage Auctions1,260.0003/17/2021
G-4NGCHeritage Auctions79.0002/17/2021
F-15NGCDavid Lawrence RC320.0001/17/2021
G-4ANACSHeritage Auctions89.0010/21/2020
AU-53PCGSLegend Rare Coin Auctions6,168.7508/27/2020
VF-30NGCHeritage Auctions396.0008/19/2020
G-6NGCHeritage Auctions100.0008/12/2020
VF-25NGCHeritage Auctions336.0008/12/2020
AU-50NGCHeritage Auctions3,120.0006/07/2020
VF-30PCGSHeritage Auctions432.0004/29/2020
XF-45PCGSHeritage Auctions1,320.0002/23/2020
VG-10PCGSHeritage Auctions150.0010/30/2019
MS-62NGCHeritage Auctions72,000.0009/08/2019
AU-58PCGSHeritage Auctions27,600.0009/08/2019
VG-10PCGSHeritage Auctions94.0006/19/2019
XF-45PCGSHeritage Auctions1,200.0002/03/2019
XF-45NGCHeritage Auctions1,140.0012/14/2018
VF-20NGCHeritage Auctions288.0010/17/2018
VF-20PCGSHeritage Auctions384.0009/12/2018
AU-55NGCStack's Bowers5,040.0008/22/2018
AU-50PCGSLegend Rare Coin Auctions3,642.5005/17/2018
XF-45PCGSStack's Bowers1,440.0003/21/2018
XF-45PCGSHeritage Auctions1,320.0002/22/2018
G-6PCGSDavid Lawrence RC131.0002/05/2018
XF-40PCGSHeritage Auctions780.0001/03/2018
VF-35NGCHeritage Auctions432.0001/03/2018
VF-25PCGSHeritage Auctions264.0012/12/2017
XF-45PCGSHeritage Auctions1,440.0009/07/2017
VG-10PCGSDavid Lawrence RC260.0007/03/2017
XF-40PCGSHeritage Auctions940.0001/04/2017
VF-35ANACSHeritage Auctions423.0001/04/2017
F-12PCGSStack's Bowers176.2511/02/2016
F-15PCGSDavid Lawrence RC425.0010/24/2016
XF-45NGCScotsman977.5010/14/2016
XF-40PCGSStack's Bowers705.0009/12/2016
VF-35PCGSHeritage Auctions587.5009/07/2016
VF-20PCGSHeritage Auctions329.0009/03/2016
AU-50NGCHeritage Auctions2,232.5008/10/2016
AU-55PCGSHeritage Auctions8,812.5008/10/2016
VF-30PCGSHeritage Auctions434.7506/08/2016
F-15NGCHeritage Auctions258.5003/08/2016
PO-1NGCHeritage Auctions675.6302/04/2016
XF-45PCGSHeritage Auctions940.0001/06/2016
AU-53PCGSHeritage Auctions8,225.0008/16/2015
AU-50NGCStack's Bowers2,585.0008/12/2015
VF-30NGCHeritage Auctions564.0006/07/2015
VF-20PCGSHeritage Auctions399.5005/24/2015
F-15NGCHeritage Auctions235.0004/05/2015
XF-45PCGSHeritage Auctions1,997.5003/01/2015
VF-20NGCHeritage Auctions329.0003/01/2015
XF-45PCGSHeritage Auctions1,880.0003/01/2015
VF-25NGCHeritage Auctions434.7512/21/2014
XF-40PCGSHeritage Auctions998.7512/04/2014
AU-50NGCHeritage Auctions4,553.1312/04/2014
VF-20ANACSHeritage Auctions352.5011/06/2014
VF-30PCGSHeritage Auctions558.1311/06/2014
AU-53PCGSHeritage Auctions8,812.5010/08/2014
F-12NGCHeritage Auctions282.0009/15/2014
VF-20NGCHeritage Auctions381.8809/04/2014
G-6NGCGreat Collections154.0008/10/2014
F-15ANACSHeritage Auctions211.5008/05/2014
VG-8NGCHeritage Auctions88.0006/30/2014
AU-55ANACSHeritage Auctions734.3806/04/2014
XF-40PCGSHeritage Auctions1,292.5004/23/2014
PO-1PCGSHeritage Auctions305.5002/03/2014
VG-8PCGSStack's Bowers64.6312/10/2013
AU-55NGCHeritage Auctions9,988.0009/25/2013
VF-20ANACSHeritage Auctions368.0008/08/2013
PO-1PCGSHeritage Auctions50.0007/11/2013
G-4PCGSHeritage Auctions100.0007/11/2013
PO-1PCGSHeritage Auctions188.0007/11/2013
VF-35PCGSHeritage Auctions823.0007/11/2013
PO-1PCGSHeritage Auctions56.0007/11/2013
F-15PCGSHeritage Auctions485.0006/05/2013
AU-55NGCStack's Bowers7,638.0005/30/2013
VG-10PCGSHeritage Auctions103.0005/13/2013
VF-30PCGSHeritage Auctions588.0004/24/2013
VF-35PCGSHeritage Auctions705.0010/18/2012
AU-50PCGSHeritage Auctions6,325.0008/11/2010
AU-55ANACSHeritage Auctions9,775.0004/28/2010