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1905-S 1P Curved Serif, Allen 16.06 MS

1905-S 1P Curved Serif, Allen 16.06 MS

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Greysheet Catalog Details (GSID: 26004)

The 1905-S One peso is part of a series of 1 peso, territorial obverse coins struck from 1903-1906. The specific variety is Curved Serif. Struck in San Francisco and designated as a Business (MS) strike, this coin is made of 90% silver from a mintage of 6,056,000 struck.
All 1905-S pesos are uncommon, because by 1906 the rising price of silver made the coins worth more as precious metal than as legal tender. By 1911 as many as 90 percent of the 6,056,000 minted had been pulled from circulation and melted. Most of the coins of this mintage have a curved upper serif on the number 1 of the date. The Straight Serif would later be the normal style for 1906 pesos. But for the 1905-S it’s an extremely rare die variety, especially in Mint State, where its value runs in the thousands of dollars.
Reverse: An eagle is portrayed in the center atop an American shield with 13 stars. UNITED STATES OF AMERICA is written around the periphery with the date at the bottom.

Catalog Details    Dealers Only

Catalog Detail

GSID: 26004
Coin Date: 1905-S
Denomination: 1P / One peso
Designation: MS
Mint Mark: S
Mint Location: San Francisco
Mintage: 6,056,000
Coinage Type: 1 peso, territorial obverse
Coinage Years: 1903-1906
Composition: 90% silver
Variety: Curved Serif
Variety 2: Allen 16.06
Strike Type: Business
Diameter: 37 mm
Fineness: 0.9
Weight: 26.95 gr
Weight: 0.95 oz
Coin Shape: Round
Designer: Melico Figueroa
PCGS #: 90385
NGC ID: 2CAK
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