From 1878 to 1885, and again from 1889 to 1893, the Carson City Mint struck Silver Morgan Dollars for the US Mint to distribute to Americans in circulation. The Carson City Mint was a purpose-built branch mint of the US Mint system intended to use silver from discoveries such as the Comstock Lode in Nevada in the coining of US currency. The Carson City Mint predominantly used this locally-sourced silver in its production of silver coins. Now, 1884-CC Silver Morgan Dollars in GSA packaging are available to you for purchase online at Silver.com.
- Coins ship to you in GSA hard plastic holders!
- Seventh year of issue for Silver Morgan Dollars!
- Mintage limited to 1,136,000 coins only!
- Consists of .77344 Troy ounces of actual silver content.
- Issued a face value of $1 (USD) by the United States.
- The obverse depicts Liberty.
- On the reverse is the heraldic eagle of the United States.
- Bears “CC” mint marks from the Carson City Mint.
Likely as a result of its reliance on locally-sourced silver for coining, Carson City Mint production levels for the Silver Morgan Dollar were always significantly lower than the other branch mints striking the coins for the US Mint system. Only two date marks at Carson City ever exceeded the average of 1.2 million coins: 1878 and 1890.
What few realized about the Carson City Mint issues over the decades was that few of the coins being struck were actually released into circulation. It turns out the vast majority of the Silver Morgan Dollars produced at Carson City ended up in US Treasury vaults, never reaching circulation. This was only discovered in the 1960s. After an audit by the Government Services Administration, it was determined that some $3 million uncirculated Morgan Dollars were sitting in Treasury vaults, 95% of which originated at the Carson City Mint in the 19th century. These coins were eventually auctioned off to the public in the 1970s and 1980s.
The obverse side of 1884-CC Silver Morgan Dollars comes with a depiction of Liberty. This left-profile portrait includes only the head of Liberty and was created by George T. Morgan with Anna Willess Williams sitting through portrait sessions as his inspiration for the design.
On the reverse face of 1884-CC Silver Morgans is an image of the heraldic eagle of the United States. The front-facing eagle lacks the traditional US national shield, but does include the arrows of war and olive branch of peace within the design.
These 1884-CC Silver Morgan Dollars come in GSA hard plastic holders. The GSA packaged the coins as such for its public auctions to collectors. From the original 1884 mintage of 1,136,000 coins, the GSA discovered 962,000 CC-Silver Morgan Dollars sitting in the Treasury vaults. That represents 85% of the total mintage from 1884.
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