1899-S Morgan Dollar Value
A 1899-S Morgan Dollar is worth roughly $31.00 to $706 depending on its condition, and its metal content alone is worth $28.23 as of 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.
1899-S Morgan Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $28.23 |
| Good (G-4) | $31.00 to $46.00 |
| Very Good (VG-8) | $35.00 to $51.00 |
| Fine (F-12) | $39.50 to $58.00 |
| Very Fine (VF-20) | $47.00 to $69.00 |
| Extremely Fine (XF-40) | $60.00 to $88.00 |
| About Uncirculated (AU-50) | $81.50 to $120 |
| Mint State (MS-60) | $120 to $176 |
| Choice Unc (MS-63) | $192 to $282 |
| Gem Unc (MS-65) | $480 to $706 |
Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.
How much is a 1899-S Morgan Dollar worth today?
A 1899-S Morgan Dollar that spent decades in circulation is worth about $31.00 today. One that never circulated at all can bring up to $706. The honest answer for most inherited or pocket-found examples sits in the lower half of the table.
1899-S Morgan Dollar specifications
- Series
- Morgan Dollar
- Year
- 1899
- Mint mark
- S
- Mintage
- 2,562,000
- Composition
- 90% silver, 10% copper
- Weight
- 26.73 g
- Diameter
- 38.1 mm
- Edge
- Reeded
- Designer
- George T. Morgan
- Silver content
- 0.77344 troy oz
Mintage figure: US Mint reports (approximate).
Where to look for the mint mark
To confirm your 1899 coin is the San Francisco issue, find the small "S". On the reverse, just below the wreath bow and above the letters DO in DOLLAR The mark is small, so tilt the coin under a light if it is not obvious.
The value drivers behind this coin
Beneath the numismatics of the 1899-S Morgan Dollar sits 0.7734 troy ounces of silver, $28.23 worth at today's spot price. When silver rallies, even the most common dates of this series rise with it.
A mintage of 2,562,000 makes the 1899-S Morgan Dollar moderately available, though it is noticeably tougher than the bulk dates of the series, particularly in higher grades.
Few series carry the following that supports the 1899-S Morgan Dollar. The Morgan dollar is the most collected classic United States coin, struck from 1878 to 1904 and once more in 1921. A coin that thousands of collectors are actively assembling into sets never lacks for a market.
Summary: the 1899-S Morgan Dollar is valued between $31.00 and $706 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.