Coin Specifications

Category: Early Dollars (1794-1804)
Mint: Philadelphia
Mintage: 85,634
Obverse Designer: Robert Scot
Reverse Designer: Robert Scot
Composition: Silver
Fineness: 0.8920
Weight: 26.9600g
ASW: 0.7731oz
Melt Value: $17.59 (11/28/2020)
Diameter: 39-40mm
Edge: Lettered
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1803 $1 MS obverse 1803 $1 MS reverse
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Description & Analysis

Though the production of silver dollars rose this year from the small issues of 1801-02, it's evident that a certain percentage of the dies used in 1803 were dated 1802 or 1802/1. The 1803-dated dollars were coined into early 1804, resulting in the phantom figure for that year which many early numismatists used to justify the existence of the very rare 1804 silver dollars. It would be more than a century before those coins were determined to be products of 1834 and later.

This date is not rare in circulated condition, with many survivors grading F through XF. Mint State pieces are less available than for preceding dates, with gems being all but unknown. The coins were well made, given the technology available, and they tend to be sharper than most of the smaller silver pieces of that period. This didn't save them from being shipped overseas as just so much bullion, and many were lost to the melting pot.

Each of the obverse dies used this year is unique to its die marriage. Four feature a Small 3, while two display a Large 3. These terms are a bit misleading, as the actual numeral sizes are fairly close. A more meaningful distinction would be Plain 3 and Serif 3, but the hobby has inherited a lot of names that survive more through sentiment than accuracy. Of the various die marriages, BB-253 appears to be a phantom that no one today can confirm to exist, while BB-256 is quite scarce and seldom encountered. The recently discovered BB-257 is unique as of this writing.

GRADE SUMMARY

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Price Guide

Last Updated: 10/31/2016

Click on a price to see historical prices, comparison charts and trends.

1803 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 1300 1450 2150 2850 5550 8700 9500 12000 19000 28000 33500 47500 81500 140000 - - - - - -
$ - - - 13750 21000 - - 52500 117500 160000 925000 - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 495
Low Grade: PrAg
Average Grade: 40
High Grade: 64

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series.
NGC CENSUS DETAIL Last Updated: 11/24/2020 1803 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base592953163527028233320-2161------495
---------1------------1
--------1-----111-----4
-----------------------
Total592953163527028243420-21721-----500
 1%2%6%11%33%10%14%6%5%7%4%-0%0%1%0%0%----- 

NGC Registry

NGC Registry Score 1803 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base16581969208725552936400045654865504955636685775682939415113661360614206148840000
176220082243268232914188466549265220593770427935866710065121131380614432148840000
000000466549265220593770427935866710065121131380614432148840000
000000476549885392631173998114904110716128591400614658148840000
Registry Image Gallery
Grade: MS 65
Points: 14432
Owner: Tradedollarnut
 
Grade: VF 25
Points: 2936
Owner: Durham Collection
 
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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.