1900 Morgan Silver Dollar Value Guide

The 1900 Morgan Silver Dollar is a quintessential piece of American history, representing the peak of the Western silver mining era following the Bland-Allison Act. Designed by George T. Morgan, its iconic portrait of Lady Liberty and high silver content make it a cornerstone for both numismatists and silver investors.

What affects the value of 1900 Morgan Silver Dollar?

• The presence of a mint mark, particularly the 'S' for San Francisco, can significantly increase value over the Philadelphia strike.
• The coin's numerical grade, with Uncirculated (MS60+) examples commanding much higher prices than the $50-$60 base range.
• The current market spot price of silver, as the coin contains 0.77344 troy ounces of pure silver.
• Surface preservation, including the presence of original mint luster or attractive natural toning.

How to Identify 1900 Morgan Silver Dollar?

• Verify the 90% silver and 10% copper composition, which should result in a weight of 26.73 grams.
• Check the reverse side below the eagle's wreath for mint marks 'O' (New Orleans), 'S' (San Francisco), or no mark for Philadelphia.
• Examine the obverse for George T. Morgan's 'M' initial located at the truncation of Liberty's neck.
• Look for the crisp detail in the feathers of the eagle's breast and the cotton blossoms in Liberty's hair to determine wear.

History of 1900 Morgan Silver Dollar

The Morgan Dollar was struck from 1878 to 1904, and again in 1921. It was created following the passage of the Bland-Allison Act, which required the U.S. Treasury to purchase and coin a specific amount of silver each month. Designed by George T. Morgan, this iconic coin features an influential portrait of Lady Liberty and remains one of the most collected American coins today, representing the height of the Western silver mining era.