1900 Silver Morgan Dollars Value: are “O”, “S”, No mint mark worth money?

If you are interested in 1900 Silver Morgan dollars but have no idea where to start, then you’ve come to the right place.

1900 Silver Morgan Dollars are one of the collectors’ favorite pieces due to their unique features. Its minting year started in the 20th century and ushered in a new range of coins with reeded edges.

Learn more about this unique coin set from its identification to evaluation and collection.

1900 Silver Morgan Dollar Details

• Type: George T. Morgan
• Edge: Reeded
• Mint Mark:
• Place of Minting: Philadelphia
• Year of Minting: 1900
• Face Value: $1
• Dollar Price: $32.50
• Melt Value: $16.50
• Quantity Produced: 32 million+
• Diameter: 38.10 mm
• Composition: 90% Silver, 10% Copper
• Fineness: 0.9
• Weight: 26.73g
• ASW: 0.7734oz
• Designer: George T. Morgan

Details matter when collecting coins because they’re the only way to guarantee you have the real piece. It’s best to learn the necessary terminologies before collecting your 1900 Silver Morgan dollars.

The study and art of coin collection are educationally called numismatics. Although people call the front of a coin head and the back tail, numismatics describe them as Obverse and Reverse.

Coin colors come from liquids called to die, while the process of creating its body markings is a “Strike.” Minting facilities typically produce coins with one Strike, a.k.a First Strike, but sometimes errors occur. Hence, some coins get the “First Strike” label despite their errors.

Now that you’re up to speed let’s analyze the coin’s details.

The 1900 Silver Morgan coin’s obverse side has a sculpture of Lady Liberty’s head wearing a Phrygian hat and facing left. The hat sits in the middle of her locks, thus revealing parts of her hair from the front to the nape of her neck.

Let’s talk about the hat’s design. Its base has three spray leaves perched on the front while a ribbon carrying the “LIBERTY” inscription holds it in place. The words “E PLURIBUS UNUM” sits atop the head while “1900” is beneath its neck.

There are seven five-point stars between “1” and “E,” while six five-point stars separate “0” from “M.”

On the Reverse end, there’s an eagle with open wings looking left. It’s standing on three arrows intersecting a tree branch. There’s a wreath of leaves beneath the eagle’s wings while the words “UNITED STATES OF AMERICA * ONE DOLLAR *” surround it.

Beneath the inscription “STATES OF,” another engraving says, “In God We trust.” 1900 Silver Morgan Dollars with errors include an “S” or “P,” depending on the variety.

Also Read: Top 21 Most Valuable 2000 P Sacagawea Dollar Coin Worth Money

1900 Silver Morgan Dollars Value Chart

Mint Mark	Good	Fine	Extremely Fine	Uncirculated
No Mint Mark	$32.50 – $36	$37 – $42	$45 – $57	$60 – $211 $3,220 (Proof)
1900 Silver Morgan Dollar (P)	N/A		$50 – $96	$265 – $5,000
1900 Silver Morgan Dollar (O)			$50 – $96	$265 – $3,250
1900 Silver Morgan Dollar (S)			$80 – $750	$1,650 – $45,000
1900 O/CC Silver Morgan Dollar			$285 – $1,400	$2,750 – $45,000
1900 Silver Morgan Proof Dollar			$850 – $4,350	$7,000 – $28,500
1900 Silver Morgan Cameo Dollar			$2,600 – $4,650	$9,500 – $37,500
1900 Proof Silver Morgan Dollar (Deep Cameo)			$5,000	$11,500 – $62,500

1900 Silver Morgan Dollars Value and Varieties Guides

1900 Silver Morgan Dollars come in multiple varieties which all have different values both monetary and numismatic.

1900 No Mint Mark Silver Morgan Dollar Value

• Type: Morgan
• Edge: Reeded
• Mint Mark: nil, P, S
• Place of Minting: Philadelphia
• Year of Minting: 1900
• Face Value: $1
• Dollar Price: $32.50
• Melt Value: $16.50
• Quantity Produced: 8,830,000
• Diameter: 38.10 mm
• Composition: 90% Silver, 10% Copper
• Fineness: 0.9
• Weight: 26.73g
• ASW: 0.7734oz
• Designer: George T. Morgan

The Philadelphia mint struck most of the 1900 Silver Morgan dollars, making it accessible to collectors. It’s the most common Morgan dollar and often came without mint marks, but if they had any, it’d be “P” for Philadelphia.

They are a blend of 90% Silver and 10% Copper formed into a 38.1mm diameter weighing 26.73g. The 1900 Silver Morgan dollar is worth $1 based on the engraving on the obverse.

1900 Silver Morgan dollar coins are often worth more than the face value, a.k.a. the price engraved on them from a few dollars to tens of thousands. Combining certain elements determines the coin’s quality which then factors into its value.

Scroll further down to learn more about grading coins.

1900 “S” Silver Morgan Dollar Value

• Type: Morgan
• Edge: Reeded
• Mint Mark: S
• Place of Minting: San Francisco
• Year of Minting: 1900
• Composition: 90% Silver, 10% Copper
• Diameter: 38.10mm
• Mass: 26.73g
• Face Value: One Dollar
• Dollar Price: $790+
• Quantity Produced: 3.5 million
• Designer: George T. Morgan

Since the San Francisco minting facility produced the least amount of 1900 Silver Morgan Dollar (3.5 million pieces), it’s one of the rarest in the collection. You’ll find an “S” mark underneath the wreath on the reverse and above the “D” and “O” in Dollar.

Regular 1900 S Morgan Dollars are worth a couple of hundred dollars, while the top quality pieces rake in up to tens of thousands of dollars. A 1900 S Morgan Dollar would fetch you almost $800, and its value increases daily.

Per PCGS, six MS67 1900 Morgan Dollars with S mint marks are valued at $45,000 apiece.

1900 “O” Silver Morgan Dollar Value

• Type: Morgan
• Edge: Reeded
• Mint Mark: O
• Place of Minting: New Orleans
• Year of Minting: 1900
• Face Value: $1
• Dollar Price: $100+
• Melt Value: unspecified
• Quantity Produced: 12 million+
• Diameter: 38.10 mm
• Composition: 90% Silver, 10% Copper
• Fineness: 0.9
• Weight: 26.73g
• ASW: 0.7734oz
• Designer: George T. Morgan

Although the Philadelphia mint is popular, the New Orleans facility produced more than 1900 Silver Morgan dollars – more than 12 million. The coins have a tiny “O” mint mark lodged beneath the wreath and between the “D” and “O” in the Dollar on the reverse side of the coin.

Besides the identification mint mark, New Orleans-made Morgan dollars have the same dimension as those made in Philadelphia.

A top quality 1900 “O” Silver Morgan dollar graded MS63 – MS67 is worth anything from $100 to $3,250.

1900 Proof Silver Morgan Dollar Value

• Type: Morgan
• Edge: Reeded
• Mint Mark: no-mint-mark
• Place of Minting:  Philadelphia
• Year of Minting: 1900
• Composition: 90% Silver, 10% Copper
• Diameter: 38.10mm
• Mass: 26.73g
• Face Value: One Dollar | $1
• Dollar Price: $850+ – $100,000
• Quantity Produced: <1,000
• Designer: George T. Morgan

The Philadelphia Mint produced less than 1,000 Proof Silver Morgan Dollars with three varieties – Regular, Cameo, and Deep Cameo. The most valuable is the Deep Cameo variety which has contrasting reflective fields and frosting on the body.

According to Rob Paulsen, a 1900 Silver Proof Morgan Dollar graded PR68+ (the highest) is worth $100,000.

Also Read: Top 19 Most Valuable Morgan Dollars Worth Money

1900 Silver Morgan Dollars History

Silver Morgan dollars their names from the designer in charge of creating them, George T. Washington. The first pieces of this dollar type came pre-20th century, but the most popular collectibles are the 1900 releases.

The Philadelphia minting facility churned out Silver Morgan Dollars between 1878 and 1904 before temporarily stalling the production. It was congress’ solution to the mining industry’s brewing unrest following workers’ complaints about losing their silver.

The workers suggested that the minting facilities turn their silver into coins and, by extension, boost the mining economy.

Within a few months to years, the American government passed a law requiring its minting facilities to buy a determined amount of silver monthly. Today, it’s known as the Bland-Allison Act and has existed since the 1890s.

The Philadelphia Mint introduced the Morgan Silver Coins within that period but didn’t get a boost until 1900. That year, the facility produced more than 24 million coins, eight million of which were Morgan Silver.

The designer, George T. Morgan, named the coins after himself, although he drew inspiration from a real-life woman, Anna Willess Williams, for the Lady Liberty sculpture. Hence, her appearance is more American than Grecian.

Morgan met Anna through mutual friends who were also artists and had worked with her as a model. She didn’t want the fame of being the face of a widely-known coin, so she requested anonymity.

Anna earned the nickname – Silver Dollar Girl after a Philadelphia publication revealed her identity. She never claimed fame, but it followed her for life.

The other American minting facilities in New Orleans and San Francisco struck some Silver Morgan coins and left identification marks on them.

Regular no-mint-mark Silver Morgan coins are available for collection in abundance. However, to make a big bank from your collection, you’ll need to collect rare varieties from Proof to Cameo, P, and more.

Also Read: Top 19 Most Valuable Silver Eagles Worth Money

1900 Silver Morgan Dollar Grading

As you saw earlier, 1900 Silver Morgan Dollar coins don’t have a uniform dollar price due to their difference in grading.

Gradings from certified companies like PCGS and USA Coin Book carry MS, meaning Mint State, in front of a number from 0 (low)- 70 (high). Unique pieces like Proof coins have a different grading letter – PR.

List of 1900 Silver Morgan Dollar Errors

With over 32 million 1900 Silver Morgan Dollars made across three minting facilities, errors were inevitable. The facility recalled those coins one hundred years ago, but some pieces remained in circulation.

Today, every 1900 Silver Morgan Dollar coin is worth a couple of thousand dollars to numismatics. Here are the errors to look out for when collecting these coins.

1. 1900 O/CC Over Mint Mark

Some 1900 Silver Morgan Dollars with “O” mint marks for New Orleans originated from Carson City. So, they have faint “CC” marks on the “O” mark indicating their minting facility.

Carson City stopped minting coins in 1893, but it had excess products, including the Die used to coat the metals. In 1900, when New Orleans became the leading minting facility for Silver Morgan Coins in America, it collected some of Carson City’s minting products for use.

The dies still carried the “CC” mark, which overlapped when the New Orleans minting machine struck the center with the “O” mint mark. The facility didn’t make any Prooflike variety, but its MS67 – MS70 pieces are worth $65,000/coin.

2. Double Die Reverse

Some of the 1900 Silver Morgan Coins came out with Double Dies on the reverse side. That happened because the old striking system required multiple hits to create a visible impression.

Sometimes, the coin shifted off its spot, causing the die distribution to miss its mark. To spot this error, use a magnifying glass (microscope or jeweler’s loupe) to examine the branches beneath the Eagle on the coin’s reverse.

Double Die Reverse 1900 Silver Morgan coins aren’t as valuable as CC/O errors, but you can make a decent $250 with an MS65 grade piece.

FAQs

What is a Rare Date for a Morgan Silver Dollar?

Pre-1900 Morgan Silver Dollars are the rarest pieces in the collection. Look out for 1889 Silver Morgan Dollars, as they’re mostly extinct, which makes demand high. You can identify them with their similar physical features and distinct “CC” mint mark for Carson City.

Carson City minted Silver Morgan Dollars between 1878 and 1893 before Philadelphia, New Orleans, and San Francisco took over.

Where is the Mint Mark on a 1900 Morgan Silver Dollar?

You’ll find mint marks on the reverse of any 1900 Morgan Silver Dollar. Use a magnifying glass like a jeweler’s loupe because it’s often placed in inconspicuous scripts. The mark sits underneath the Eagle’s branch but above the “D” and “O” in Dollar.

How Much Does A 1900 Morgan Silver Dollar Weigh?

As a blend of copper and silver, the latter being the highest content at 90 percent, 1900 Morgan Dollar coins weigh 26.73g. You can convert that to 0.77344oz of silver, which makes for a total of 0.859oz of metal when combined with copper.