Though the Morgan Silver Dollar was first introduced towards the end of the 19th century, the coin was continued in production until the early stages of the 20th century. Being that this coin was produced over multiple decades, there are a bunch of different years that are popular for collectors; 1900 being one of them. This coin was minted at the beginning of the century and is of particular importance to anyone looking to put together a complete collection.
For collectors, the challenge when it comes to Morgan Silver Dollars is finding a piece that has been well-preserved. Because these coins were so extensively circulated, finding one in great condition is never an easy thing to do.
For coins that are well over 100 years old, collectors are always going to take note of the condition the coin is in. This is why, before ever making a purchase, you will see collectors carefully analyze the condition a coin is in, looking for any and all imperfections. Because these coins were minted and circulated so long ago, the time they have had to become damaged is quite elongated.
For most, the best way to have the condition of a coin assessed is to send said coin away for grading. Understanding that professional grading is something that costs a good bit of money, we have provided below an outline of the basic coin grades as well as their related characteristics.
Uncirculated: For coins, the Uncirculated grade is the best of the best. This grade indicates that the coin in question spent almost no time at all being circulated. Instead, they were kept in a safe place throughout the entirety of their existence. In the eyes of collectors, these are by far the most desirable pieces.
Extremely Fine: A coin determined to be of Extremely Fine grade is one that spent only a short period of time being circulated. These coins will have some signs of wear and tear, but these will most often be small and only able to be viewed under close inspection. All in all, Extremely Fine Morgan Silver Dollars are in great condition.
Fine: Fine is a grade given to coins that have been circulated for extended periods of time but have somehow managed to avoid much of the damage typically associated with coins that have been exchanged for long periods of time. The damage you will find on these coins most often ranges from small scratching to the wearing down of the coin’s textured surfaces.
Good: Good is the lowest grade a coin can receive and is often indicative of a piece that was never taken out of circulation. Having been exchanged hundreds of thousands of times, these Morgan Silver Dollars have definitely seen their better days.
When it comes down to it, pricing out Morgan Silver Dollars is nothing too difficult to do. First, the condition of the coin means everything, so the better condition the coin is in the higher the price it will sell for. Secondly, because there were multiple types of these coins minted every year, the type of Morgan you own also plays a pivotal role in determining price. Below you will find a chart aimed at giving you a better idea of what you might have to pay for a 1900 Morgan Silver Dollar given its condition and type.
1900 Morgan Dollar
|1900 Morgan Dollar||N/A||N/A||$39||$41|
|1900 Morgan Dollar (O)||N/A||N/A||$39||$41|
|1900 Morgan Dollar (S)||N/A||N/A||$48||$90||Source: Red Book|