I can't see the coin but in my opinion $38.00 to $40.00 is a fair retail price for this Morgan.
A 1900-S Morgan dollar is worth $25-30 in average condition and nearly $200 in uncirculated condition.
The 1900 Morgan dollar is a high mintage common date coin, average retail values are $45.00-$75.00 for typical Mint State coins in MS-60 to MS-63.
A 1900 Morgan is very available in Mint State grades. Typical examples (MS-60 to MS-62) have retail values of $48.00-$53.00.
Mint state 1900 Morgans are common in the grades of MS-60 to MS-63 with retail values of $34.00-$48.00
If it's dated 1900, then it's a Morgan silver dollar. It's worth at least $20 or so in worn condition, and closer to $40 in uncirculated condition. If you have a 1900-S Morgan, the value is a bit higher.
A very common coin that has retail values of $17.00-$26.00 for circulated coins. Uncirculated are $35.00+
5-29-11>> Assuming the coin is uncirculated and has no mintmark, the 1900 Morgan dollar is a high mintage common date coin, average retail values are $47.00-$78.00 for typical Mint State coins in MS-60 to MS-63.
This coin in circulated condition is worth an average of $27. This coin in uncirculated condition is worth around $185 depending on quality. This is not a rare date for Morgan dollars.
The only silver dollar minted by the US Treasury in 1900 was the Morgan Dollar.
The only silver dollar minted by the US Treasury in 1900 was the Morgan Dollar.
Just type in 1900 Morgan dollar on your browser and click images.
No, these are not considered rare.