1903-S Morgan Silver Dollar. MS-64 (PCGS). CAC.This brilliant silver white example boasts sharp striking detail and swirling mint luster. Expectably smooth for the assigned grade, and sure to please. Elusive in all grades, the 1903-S Morgan Dollar has a limited mintage of just 1.2 million pieces. Many of those coins are believed to have been melted under the terms of the 1918 Pittman Act, with the result that Mint State survivors are particularly scarce in numismatic circles.