The 1899 Morgan Silver Dollar closed out the 1890s closed out with a slightly more expensive batch of Morgan Silver Dollars than seen in 1897 and 1898, but much cheaper in cost when compared to the prices of the silver dollars made during the mid-1890s. There were no major varieties in 1899 for most collectors to get excited about, but VAM (Leroy C. Van Allen and A. George Mallis) variety collectors are constantly looking for minor die variations that often aren’t noted in the more widely distributed coin publications.
The 1899 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. The New Orleans Mint used an "O" and the San Francisco Mint an "S”. The main mint in Philadelphia did not use a mintmark. Proof examples of Morgan Dollars from all years, including 1899, are rare which makes them expensive.
1899 Morgan Silver Dollar Mintage Figures
- 1899: 330,000; $150+
- 1899-O: 12,290,000; $35+
- 1899-S: 2,562,000; $50+
- 1899 Proof: 846; $3,100+
The 1899 Philadelphia Morgan Dollar is definitely the most expensive of the business strikes that year, but isn’t terribly more expensive in Mint State 60 (using the Sheldon Coin Grading Scale) than it is in the average circulated grades, for which the prices are listed. While 1899 Morgan Silver Dollars in the circulated grades would make handsome additions to any coin collection, taking your time (and spending a “few” extra bucks) to buy pieces in the uncirculated grades could pay off when the time comes to sell your collections. Coin collectors and investors alike are always excited to see a collection of Morgan Dollars that contains lustrous Mint State specimens!