1899-O Morgan Dollar
Guidelines for Collecting:
The 1899-O was among the Morgan dollar issues released by the Treasury Department in great numbers in 1962. Most known 1899-O dollars are in Mint State, ranging in grade from MS-60 up through MS-65, with a much smaller number earning grades of MS 66 and higher. The striking on this mintage varies from flat to excellent. Beautiful gems can be found with some careful searching. Most examples are lustrous and attractive. Prooflike coins are scarce but when found in high grades many offer cameo contrast.
Availability in Circulated Grades:
Available to an extent in EF and AU grades, though circulated examples are not easily found.
Availability in Mint State Grades:
From MS-60 on up to the gem MS-65 category, the 1899-O is well represented in today’s numismatic marketplace. Look for a pleasing MS-65 with strong details and sparkling luster and you will own a worthwhile example of the date.
Availability in Proof:
None produced.
Treasure Hunting:
Most 1899-O dollars were made with a medium round O mintmark and with an open 99 in the date. A very few, possibly below 1%, were made with a small round o or “Micro-o” mintmark. Three die combinations are known—VAM 4, 5, and 6. Choice and gem specimens are worth thousands of dollars. Most have not been identified in the general marketplace, so treasure hunting can pay rewards!
The example to the left was sold by Stack's Bowers Galleries in the November 2020 Showcase Auction, where it realized $5,520.
1899-O Morgan Dollar Auction Highlights
PCGS MS-63, CAC Sold for $16,800 View Lot 2045 | PCGS MS-67+, CAC Sold for $5,880 View Lot 4103 | PCGS MS-67+, CAC Sold for $5,520 View Lot 8184 |