LUSTRE

Lot 079Coin values

1900 Morgan Dollar

PHILADELPHIA · 90% SILVER, 10% COPPER · 8,830,000 STRUCK

The answer

Worth about $50⁠–⁠$60 circulated and $220⁠–⁠$300 in MS-65.

The 1900 Morgan Dollar is a common date from the Philadelphia Mint, with 8,830,000 pieces struck. In circulated grades (G-4 to EF-40) our estimate is $50⁠–⁠$60, and a well-preserved MS-65 example is estimated at $220⁠–⁠$300. Circulated coins of this date trade at or just above the value of their metal, so the live melt value on this page is the best guide to a worn coin.

1900Philadelphia

Catalogue medallion. We do not yet hold a licensed photograph of this exact date and mint, so none is shown rather than one with a different date.

Morgan dollar obverse: Liberty head facing left
Morgan dollar reverse: eagle with wings spread inside a wreath
Design reference 1878-CC Morgan dollar, National Numismatic Collection. The date on this photograph is not this issue's date. Public domain, credit US Mint (coin), National Numismatic Collection (photograph by Jaclyn Nash), via Wikimedia Commons.
Mint
Philadelphia
Composition
90% silver, 10% copper
Mintage
8,830,000
Weight and size
26.73 g · 38.1 mm
Designer
George T. Morgan
RarityCommon
PlentifulRare

Among the more plentiful: 66% of issues in the series have a smaller mintage. 8,830,000 struck. Mintage is the number struck, not the number that survive.

Value ladder
Varieties to look for

1900/1899 overdate

Look for a traces of the previous year on the date.

Mint mark position

S, O, CC and D sit on the reverse below the wreath. Check the letter against the date: Carson City (CC) coins carry a premium in every grade.

Strike and surface

Look for full hair detail above Liberty's ear and sharp eagle breast feathers. Prooflike (PL) and deep mirror prooflike (DMPL) surfaces carry large premiums in Mint State.

Questions

About the 1900 Morgan

How much is a 1900 Morgan Dollar worth?

Lustre's editorial estimate (Oct 2026) is $50⁠–⁠$60 for circulated examples (G-4 to EF-40) and $220⁠–⁠$300 in MS-65. These are estimates, not an appraisal or market data. A coin in the grade you hold may sell for less at a dealer, who needs a margin.

Is a 1900 Morgan Dollar silver?

Yes. It is 90% silver, 10% copper and weighs 26.73 g, which is 0.7735 troy ounces of pure silver. Its melt value is that weight multiplied by the current silver spot price, shown live on this page.

How many 1900 Morgan Dollars were minted?

8,830,000 were struck at the Philadelphia Mint.

Where is the mint mark on a Morgan Dollar?

On the reverse, below the wreath and above the letters ONE. Philadelphia coins have no mint mark.

Is my 1900 Morgan Dollar rare?

No. It is a common date. Its value depends mostly on grade, originality and, for silver coins, the melt value.

Neighbouring issues

More Morgan Dollar values

All 96 Morgan Dollar issues

Sources and method

Where these numbers come from

Morgan dollar, Wikipedia: mintage, composition, weight, diameter, edge, designer.

Morgan dollar mintage, Landofcoins.com: mintage by year and mint.

Lustre editorial grade-value estimates, Lustre: grade value ranges (estimates, not market data).

gold-api.com spot prices (reference level for estimates), gold-api.com: reference spot prices behind the estimates.

How the estimates are made. Facts reviewed Oct 2026.

Circulated$50⁠–⁠$60
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