In order to fully understand the value of your 1900 silver dollar, you are going to need to do a throughout evaluation of your coin which will in the end go a long way to letting you know if it has significant value or not.

1. First and foremost, what is the country of origin on your 1900 silver dollar? We are under the assumption it is U.S. currency and if it is, you have in your possession what we call a Morgan Dollar.
2. Next we need to determine what kind of condition the 1900 silver dollar is in. Is it scratched? Has it been dented maybe? Since it is also over a hundred years old it is possible that a chunk of it has been taken out in some way.
3. Just like a baseball card, for instance, a coin is most valuable the less its integrity is compromised. A simple way to check how good or how bad condition your coin is in is by focusing on the back of the coin and, more specifically, under the eagle’s feathers. What you are looking for is a small letter, do you see one? If you see one, is it the letter O? If you do not see a letter or if the letter O is there we are sorry to say, but that 1900 silver dollar is worth no more than $20.

All of these examples mentioned are just things that would diminish the value of your coin. Let’s look at it from a more positive perspective.

1. If, for some reason, your silver dollar has been kept in miraculous conditions, meaning no scratches, dents, or anything in other words it still has its original luster, then it can be worth up to $50,000.
2. We cannot reiterate enough, though, this is when it has been kept in absolutely pristine conditions over the last 100 plus years.
3. Another characteristic that will give your coin immediate value is if by chance it has the letter S under the eagle’s feathers. In this case it could be potentially worth up to $2,000.

So while your 1900 silver dollar could definitely be worth some money, the specific amount is large tied to a multitude of information pertaining to that single coin. We recommend bringing your 1900 silver dollar to a friend you know who is a collector or a store owner you trust so they can assess its value. Be aware though if a store owner offers you a relatively large sum of money for your coin it is likely it is worth a lot more so do a bit more research before selling.

In the years that the Morgan Dollars were being minted, the obverse side and the reverse side of the coin each had different designs. The observe side of the coin, which was designed by George T. Morgan back in 1878, had a design called “Liberty”, which had the profile of a woman who stood for Liberty. The reverse side of the coin, which was also designed by George T. Morgan in 1878, featured a design of an eagle with its wings outstretched and clutching an olive branch and arrows.

It was only due to the Bland-Allison Act that this dollar was authorized for minting. The Bland-Allison Act mandated the U.S. Treasury to buy between 2 and 4 million dollars worth of silver at its market value for the purpose of being coined into dollars every month. Then, in 1890, this act was repealed through the Sherman Silver Purchase Act, which mandated the U.S. Treasury to buy 4.5 million troy ounces (equal to 140,000 kilograms) of silver every month, yet only demanded additional silver dollar production for just a year. This second act was finally repealed in 1893. In 1898, the U.S. Congress granted approval to a bill that mandated that all of the leftover bullion bought under the Sherman Silver Purchase Act be coined into silver dollars. However, by 1904, the silver reserves became depleted, thus causing the U.S. Mint to halt production on this coin. By 1918, the Pittman Act was passed, which approved of both the melting as well as the recoining of a lot of silver dollars. Because of this law, the minting of the Morgan Dollar was resumed for only a year in 1921. However, this coin was finally replaced by the Peace Dollar later in that same year.

Between 1962 and 1964, millions of this coin were approved for sale to the general public. The renewed interest in this coin started in 1962 when a highly rare version of the Morgan Dollar was found inside of a collection of silver dollars housed within the Philadelphia Mint. The highly rare version of this coin was one that had a date of issue that was considered very unique. Fast-forwarding to 2006, the design on the reverse side of this coin was actually utilized on a silver dollar that was issued in order to honor the aged San Francisco Mint building.

Morgan Dollars were coins that were issued for only a short time in the history of the U.S., yet it is still remembered by collectors and coin aficionados today. Even though these coins were only issued for a few decades near the close of the 19^th century, they briefly experienced a short resurgence in popularity and fame in the early 1960s, mainly due to a chance discovery of a rare issued date at the Philadelphia Mint.