The value of an 1899 one dollar coin (Morgan Silver Dollar) can vary significantly depending on several factors, primarily its condition (grade) and where it was minted.
Here’s a breakdown:
- Circulated Condition:
– According to the [NGC Price Guide] as of August 2025, an 1899 Morgan Dollar in circulated condition is generally worth between $95 and $230.
- Uncirculated Condition (Mint State – MS):
– Uncirculated examples can fetch much higher prices, with pristine, uncirculated specimens selling for as much as $20,000 on the open market.
– Mint state coins are graded on a scale of 60 to 70. For example, an 1899 Morgan Dollar graded MS60 might be worth around $325, while an MS66 could reach $3,500.
- Mint Mark Variations:
– 1899-O (New Orleans Mint): Circulated versions are worth between $45.50 and $63, while uncirculated examples can command prices up to $37,500.
– 1899-S (San Francisco Mint): These are considered scarcer, especially in circulated grades. A Very Fine or better condition coin sells for $39.95, while an uncirculated example can reach up to $140.
- Grade: The better the condition (less wear, more luster), the higher the value.
- Mint Mark: The mint where the coin was produced (Philadelphia (no mint mark), New Orleans (O), San Francisco (S)) significantly impacts its rarity and value.
- Mintage: The 1899 Morgan Dollar from the Philadelphia Mint has a lower mintage (330,000) compared to the New Orleans mint (12,290,000) and San Francisco mint (2,562,000). Lower mintage often translates to higher value.
Note: It’s important to remember that these are just estimations. The actual value of your specific 1899 Morgan Dollar can depend on market conditions and the individual coin’s characteristics. For an accurate valuation, it’s recommended to have your coin appraised by a reputable coin dealer or grading service.
What makes a 1899 silver dollar valuable?
Thanks for asking. A comparatively low number of Philaldephia Mint 1899 Morgan Silver Dollars were struck and very few were released into circulation at the time of production. The low mintage figure has always appealed to collectors and investors who figured these coins to be worth more.
Where is the mint mark on a 1899 silver dollar?
It can be located on the back of the coin below the Eagle…the “O” mint mark is present above the letters “O” and “L” in the word “Dollar.” This 1899 New Orleans Mint Morgan dollar is ranked number 80 with a mintage of 12,290,000.
What is an 1889 $1 coin worth?
From my experience, 1889 Morgan Dollar Value
According to the NGC Price Guide, as of August 2025, a Morgan Dollar from 1889 in circulated condition is worth between $45.50 and $63. However, on the open market 1889 Silver Dollars in pristine, uncirculated condition sell for as much as $35500.
How to tell if a $1 coin is valuable?
U.S. dollar coins worth money are hard to identify at a glance. Their value lies in where they were minted, their historical significance, mintage, precious metal content, whether they are error coins, and their condition.