1899 Morgan Dollar
Guidelines for Collecting:
A comparatively low number of 1899 Morgan dollars were struck, and very few were released into circulation at the time of production. The low mintage figure has always appealed to collectors and investors. Treasury releases during the 1950s and 1960s brought many bags out from long term storage. Despite its low mintage, however, the 1899 dollar in Mint State is plentiful on the market, while scarce in circulated worn grades. Striking quality varies from average to sharp and the luster is usually satiny and attractive. Proof dollars have fairly good contrast but not as “cameo” as in issues of preceding years.
Availability in Circulated Grades:
Though available in circulated grades, it can be a challenge to locate a pleasing EF or AU coin; not a lot of 1899 Morgan dollars made it into commerce.
Availability in Mint State Grades:
Always available with some searching, this date is almost always seen in Uncirculated grades ranging from the low end to the high end of the scale. MS-64 coins with solid luster and a crisp strike make grand additions to Morgan dollar sets and are highly affordable in today’s marketplace.
Availability in Proof:
As with many other Proof dates of the era, the entire mintage was delivered in quarterly deposits in March, June, September, and December of the year. Cameo contrast can be elusive for this date though a deliberate search for such a coin will yield positive results.
The example to the left was sold by Stack's Bowers Galleries in the August 2021 ANA Auction, where it realized $6,600.
1899 Morgan Dollar Auction Highlights
 PCGS PR-68, CAC Sold for $48,875 View Lot 1304 |  NGC PF-68 Sold for $21,150 View Lot 3086 |  PCGS PR-67 CAM Sold for $14,100 View Lot 11546 |
