1899-S $1 Morgan Silver Dollar PCGS MS65 (CAC)

The 1899-S is a better date in the Morgan dollars series. It is common is circulated and the lower uncirculated grades, however, it become much scarcer in MS65 and quite challenging to find in MS66 and above. PCGS has graded 571 as MS65 with 192 finer. In CAC there are 68 in MS65 with 36 finer.

The San Francisco Mint, the “Granite Lady,” where this great collectible was struck in 1899. Photo: wikimedia.org.

NGC Coin Explorer writes, "The San Francisco Mint coined over 2.5 million silver dollars in 1899. However, the majority of these did not necessarily reach circulation. They were stored for decades in the vaults of the Mint before being released in the mid-20th century. This means high grade examples are available, but are surprisingly harder to find than the Philadelphia issue of this year which had a much lower mintage." This is an attractive, lustrous piece. David Bowers writes of this issue, "The typical 1899-S dollar is very well struck and has excellent lustre. Bagmarks, when present, are usually minimal. Apparently, most coins were not tossed around during storage for many years at the San Francisco Mint."