1899-O Morgan Silver Dollar Value Guide

The 1899-O Morgan Silver Dollar is a cornerstone of American numismatics, produced at the historic New Orleans Mint under the Bland-Allison Act. Designed by George T. Morgan, this coin is highly prized for its 90% silver composition and its connection to the late 19th-century U.S. Treasury silver mandates.

What Is 1899-O Morgan Silver Dollar Worth?

The typical price range for 1899-O Morgan Silver Dollar is $100 - $120 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of original mint luster and the absence of surface abrasions or 'bag marks'.
• The sharpness of the strike, particularly on the eagle's breast feathers and Liberty's hair above the ear.
• Current market demand for New Orleans Mint issues within the $100 to $120 price range.
• Professional grading and certification by services like PCGS or NGC to verify authenticity and state of preservation.

How to Identify 1899-O Morgan Silver Dollar?

• Locate the 'O' mint mark on the reverse side, positioned just above the 'DO' in 'DOLLAR'.
• Verify the 1899 date on the obverse and ensure the coin is composed of 90% silver and 10% copper.
• Check for the designer's initial 'M' at the base of Liberty's neck and on the reverse's left loop of the ribbon.
• Confirm the diameter is exactly 38.1 millimeters with a weight of approximately 26.73 grams.

History of 1899-O Morgan Silver Dollar

The Morgan Dollar, designed by George T. Morgan, was minted from 1878 to 1904, and then again in 1921. It was authorized by the Bland-Allison Act, which required the U.S. Treasury to purchase a certain amount of silver and coin it into dollars. The 'O' mint mark indicates it was produced at the New Orleans Mint, which operated from 1838 to 1909 and again from 1942 to 1942. These coins are highly sought after by collectors due to their historical significance and beautiful design.