Morgan Silver Dollar 1900-O Value Guide

- Period
- 1900
- Origin
- United States
- Materials
- 90% silver, 10% copper
- Category
- Morgan silver dollar
The 1900-O Morgan Silver Dollar is a prized piece of American numismatic history, struck at the historic New Orleans Mint under the Bland-Allison Act. Featuring Anna Willess Williams as Lady Liberty, this coin represents the height of the U.S. silver boom and remains a cornerstone for collectors of late 19th-century currency.
What Is Morgan Silver Dollar 1900-O Worth?
The typical price range for Morgan Silver Dollar 1900-O is $35 - $45 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:
- The current market price of silver, as each coin contains approximately 0.7734 troy ounces of pure silver.
- Numerical grade and condition, with uncirculated specimens fetching higher premiums than those in the $35-$45 circulated range.
- The presence of a clear, sharp 'O' mint mark, which distinguishes it from the Philadelphia (no mint mark) or San Francisco (S) issues.
- Surface preservation, including the absence of heavy bag marks or harsh abrasive cleaning which can significantly decrease collector demand.
How to Identify Morgan Silver Dollar 1900-O?
- Locate the 'O' mint mark on the reverse side, positioned just above the 'DO' in 'DOLLAR' and below the wreath.
- Verify the composition of 90% silver and 10% copper, which gives the coin its distinct metallic ring and weight.
- Check for the designer's initial 'M' located at the base of Liberty's neck on the obverse and on the left loop of the ribbon on the reverse.
- Examine the high points of the design, specifically the hair above Liberty's ear and the eagle's breast feathers, for signs of wear or cleaning.
History of Morgan Silver Dollar 1900-O
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 of 1878, which required the U.S. Treasury to purchase a certain amount of silver and coin it into dollars. The coin's design features a depiction of Lady Liberty on the obverse, modeled by Anna Willess Williams, and a bald eagle with outstretched wings on the reverse. Morgan Dollars are highly collectible due to their historical significance and beautiful design.
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