Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: San Francisco
Mintage: 2,562,000
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $12.44 (12/27/2014)
Diameter: 38.1mm
Numismatic specification data provided by Krause Publications NumisMaster.
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1899 S S$1 MS obverse 1899 S S$1 MS reverse


  
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Description & Analysis

Silver dollars were not needed in normal channels of commerce in 1899. The coins saw some circulation in the Western part of the country, but most examples were relegated to long term storage in bank vaults. In the case of the 1899-S, this circumstance led to the preservation of large numbers of coins in Mint State grades. Worn coins of this date are relatively scarce because the majority of the generous mintage of 2.5 million pieces never reached circulation. Q. David Bowers reports the coins were later released in a steady stream by the San Francisco Mint in the 1940s and 1950s. The Redfield Hoard may have contained up to a bag of uncirculated examples, obtained by LaVere Redfield after being shipped to Nevada for use in casinos. Due to this constant, long-term drain, there were only a few bags left in the vaults by the time of the great Treasury release of the early 1960s.

Apparently, the long hiatus in the vaults was a peaceful one, as the typical example of this issue shows few handling marks or abrasions. While uncirculated examples of this date are not rare, relatively few are available in Gem and higher grades. Likewise, while Prooflike representatives of this date are relatively plentiful, Deep Mirror Prooflike specimens are estimated to be three times as rare.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 12/17/2014

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1899 S S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 33.00 34.00 37.00 42.00 65.00 65.00 120 130 150 250 350 385 410 525 940 2250 4100 22000 - - -
$ 75.00 130 140 165 335 400 425 445 675 1175 2800 5500 - -
1899 S S$1 MS Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 410 430 460 710 1400 2900 5850 - - - -
$ - - - - - - - - - - 3350 6750 - -
1899 S S$1 MS Deep Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 425 450 525 1300 3900 21500 34500 - - - -
$ - - - - - - - - 1600 5000 - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 2869
Low Grade: PrAg
Average Grade: 61
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
12/30/2014 UNC Details  Heritage Auctions Internet Coin Auction Session(1), 131452/Lot# 29240
1/12/2015 MS 66   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(5), 1216/Lot# 6136
1/12/2015 MS 64   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 11038
1/12/2015 MS 64   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 12637


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/25/2002 PCGS MS 65   Heritage Auctions 2002 April Columbus, OH (CSNS) Signature Sale #288, 288/Lot# 6448 $1,725.00
5/8/2005 NGC AU 58   Teletrade Auction 2036, 2036/Lot# 1843 $198.00
9/10/2006 PCGS MS 66   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 3254 $2,160.00
1/1/2007 NGC MS 62   David Lawrence Rare Coins Internet Auction # 120, 125/Lot# 6255 $299.00
6/14/2011 NGC MS 61   Stack's Bowers The June 2011 Baltimore Auction, 92/Lot# 4733 $345.00
10/14/2012 NGC XF 40   Heritage Auctions Internet Coin Auction Session(1), 131243/Lot# 22316 $60.00
1/8/2014 PCGS MS 64   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(8), 1201/Lot# 9786 $1,292.50
9/7/2014 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 144443 $215.00


NGC Registry

NGC Registry Score 1899 S S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1391471511591832373304094374896098479419901159157324333238651867661782532598
14114815316720126835641845452968887895710461297185927014331660010452227490
0000003564184545296888789571046129718592701433166001045200
0000003824274715697679099731102143521462969542466831413800
1899 S S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base15116316717520125835744247152765387496610211258177626143968515879602234340975
15516416918322029138545148956972690498411001430205530654364609212754285530
0000003854514895697269049841100143020553065436460921275400
00000041346150861180093510021179160323343516476170261754800
1899 S S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base175183186198223288395487517577713933997110318083149688683389588117543312861029
1771841902062443234254975376227869541032133822554394737087541031018878424280
000000425497537622786954103213382255439473708754103101887800
000000456507557667859975106715732702564078549171110322600300
Registry Image Gallery
Grade: MS 66 PL
Points: 3968
Owner: Ramundo
 
Grade: MS 65 PL
Points: 2614
Owner: Coxe
 
View the Registry Image Gallery

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