Like any other circulation coin from the history of the United States Mint, Silver Morgan Dollars experienced ebbs and flows in the production of the coins. During the first eight years of production in the series, the Philadelphia, Carson City, and San Francisco Mints issued the coins each year, with the New Orleans Mint starting production in 1879. The Carson City Mint had the lowest mintages each year among the group, with the 1881 release at Carson City being the second-lowest volume it ever struck. Today, 1881-CC Silver Morgan Dollars in GSA packaging are available to you online at Silver.com.
Coin Highlights:
- Available to ship to you inside GSA hard plastic holders!
- Fourth coin from the Silver Morgan Dollar Series!
- Mintage limited to 296,000 coins only!
- Consists of .77344 Troy ounces of actual silver content.
- The face value of $1 (USD) is fully backed by the US government.
- On the obverse side is a portrait of Liberty.
- The reverse field includes a heraldic eagle design.
- Bears a “CC” mint mark from the Carson City Mint.
The Carson City Mint routinely issued the lowest number of Silver Morgan Dollars each year among the mints issuing the coins for the United States. The lowest mintages noted at the Carson City Mint came in 1885, 1881, and 1880. Most other years at the Carson City Mint had an average mintage around 1.2 million. This was dwarfed, however, by the averages between 9 and 12 million coins each at the Philadelphia Mint and the San Francisco Mint, including an additional 5 million on average from the New Orleans Mint.
All of these 1881-C Silver Morgan Dollars are available to you for purchase today with a portion of the original GSA packaging. Before the Government Services Administration issued the coins to the public via auctions in the 1970s and 1980s, the coins were packaged in hard plastic holders, the exact holders you’ll receive your coins in through this listing.
In the 1960s, the US Treasury discovered a vast hoard of Silver Morgan Dollars in its vaults, all of which were uncirculated and 95% of which were originally struck by the Carson City Mint. After conducting an audit of the more than $3 million in coins in the vaults, the GSA found that 147,500 1881-CC Morgan Dollars were sitting in the vaults. That’s out of an original total of just 296,000 coins issued back in 1881.
On the obverse side of 1881-CC Silver Morgan Dollars is a bust of Lady Liberty. Teacher and writer Anna Willess Williams sat through portrait sessions with George T. Morgan to help develop this design based on common effigies of the goddess Libertas from Classical Antiquity.
The reverse field of 1881-CC Morgan Dollars comes with an image of the heraldic eagle of the United States. Morgan also created this design and it features an American bald eagle in front-facing relief as it clutches the arrows of war and the olive branch of peace.
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