For Sale Rare 1889-CC Morgan Silver Dollar - PCGS AU50
U.S. Rare Coins – Morgan Silver Dollars
How to Inquire or Buy -
This key-date certified Morgan silver dollar in PCGS AU50 had a total mintage of only 350,00. And many of this total were melted down. It may be seen inour Vienna, VA showroom. Appointment appreciated. You may also call (703)281-7053 to discuss. We accept many forms of payment, cash, check, debit,credit cards. We can securely ship this coin in the USA. Approximate value $9,000.
U.S. Coins - Morgan Silver Dollar
1889-CC Morgan Silver Dollar - PCGS AU50
DESIGNER: George T.Morgan
DIAMETER: 38.10 millimeters
WEIGHT: 26.73 grams
MINT: Carson City
METAL: 90% Silver, 10% Copper
Morgan silver dollar series is a highly collected series of coins. The 1889-CC Morgan dollar is not only far and away the rarest Carson City silver dollar, but also a keydate for the entire Morgan dollar series.
The Carson City Mint was shut down in November 1885, and not reopened until October 1889. As there had been no local supply of silver dollars in the intervening four years, most of the mintage of 1889-CC Morgan dollars immediately began entering circulation.
After the Carson City Mint ceased coining operations for good in 1893, the coins stored in its vaults were transferred to the San Francisco Mint and the Treasury Department vaults in Washington, DC
It is presumed that a large portion of this mintage ended up getting melted down under the 1918 Pittman Act. In contrast to the flood of previously rare 1881-CC and 1885-CC Morgan dollars released in the GSA hoard, only a single 1889-CC was found there.