1899 Morgan Dollar Value
Expect a 1899 Morgan Dollar to trade between about $216 and $29,995, driven almost entirely by grade; the melt floor under every example is $28.23 (spot prices as of 2026-06-01) Exceptional, certified pieces regularly exceed the top of that range.
Public domain image (struck or printed before 1926). Click to enlarge.
1899 Morgan Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $28.23 |
| Good (G-4) | $216 to $318 |
| Very Good (VG-8) | $312 to $459 |
| Fine (F-12) | $456 to $670 |
| Very Fine (VF-20) | $720 to $1,059 |
| Extremely Fine (XF-40) | $1,200 to $1,764 |
| About Uncirculated (AU-50) | $2,040 to $2,999 |
| Mint State (MS-60) | $3,599 to $5,293 |
| Choice Unc (MS-63) | $6,719 to $9,881 |
| Gem Unc (MS-65) | $20,397 to $29,995 |
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.
Current 1899 Morgan Dollar value
At the entry level, well-worn examples bring about $216. The same coin in gem uncirculated condition is a $29,995 coin. Grade is everything: two examples of the 1899 Morgan Dollar can differ in price by an order of magnitude based purely on preservation.
1899 Morgan Dollar specifications
- Series
- Morgan Dollar
- Year
- 1899
- Mint mark
- None (Philadelphia)
- Mintage
- 330,000
- 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).
No mint mark? Here is why
Philadelphia struck the 1899 Morgan Dollar, and Philadelphia coins of this period carry no mint mark at all. An empty space at the usual mint mark position (On the reverse, just below the wreath bow and above the letters DO in DOLLAR) confirms a Philadelphia strike, not a flaw.
Why the 1899 Morgan Dollar is worth money
With a mintage of just 330,000, the 1899 Morgan Dollar is one of the celebrated key dates of the Morgan Dollar series. Survivors are scarce in every grade, and demand from series collectors keeps prices firm year after year.
Every 1899 Morgan Dollar contains 0.7734 troy ounces of pure silver, currently worth $28.23. That intrinsic value is a hard floor under the price: no matter how worn the coin, the silver inside cannot be graded away.
Context adds the final layer to the 1899 Morgan Dollar. For collectors today, the series is a study in mint marks and condition: a common 1921 in worn grades trades near its silver melt value, while key dates in Mint State command five and six figures. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
1899 Morgan Dollar inscriptions & design
Obverse
******* E.PLURIBUS.UNUM ****** 1899
Liberty, head l.
Reverse
UNITED STATES OF AMERICA/* ONE DOLLAR *
eagle standing. on arrows and laurel sprig., within wreath. motto above
Measured 1899 Morgan Dollar specimens
5 physically measured 1899 Morgan Dollar examples in our reference database. Real measured weights and die axes let you authenticate a coin against the 26.73 g, 38.1 mm minting standard.
| Specimen | Weight | Diameter | Die axis | References |
|---|---|---|---|---|
| 1899 Morgan Dollar #1 | - | - | - | Breen.5656 |
| 1899 Morgan Dollar #2 | - | - | - | Breen.5660 |
| 1899 Morgan Dollar #3 | - | - | - | Breen.5663 |
| 1899 Morgan Dollar #4 | - | - | - | Breen.5656 |
| 1899 Morgan Dollar #5 | - | - | - | Breen.5659 |
Specifications compiled from documented museum specimens. See our data & methodology page.
Summary: the 1899 Morgan Dollar is valued between $216 and $29,995 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.