Carson City Mint Morgan Silver Dollars are treasures that hold a special place in American numismatic history. Known for their scarcity, historical significance, and the mystique of the Wild West, these coins have captivated collectors for generations. Produced between 1878 and 1893 in Carson City, Nevada, they carry the iconic “CC” mintmark, distinguishing them from other Morgan Silver Dollars.
This article dives into the fascinating world of Carson City Mint Morgan Silver Dollars. From their history to tips for building a collection, you’ll learn why these coins are prized by collectors and how to navigate the exciting journey of owning a piece of history.
Overview of Carson City Mint Morgan Silver Dollars
| Key Attribute | Details |
| Mint Location | Carson City, Nevada |
| Years Minted | 1878–1893 (excluding 1886–1888) |
| Distinguishing Mark | “CC” mintmark on the reverse |
| Total Coins in Set | 13 unique dates |
| Rarity | Scarce compared to most Morgan Dollars; often found in uncirculated grades |
| Key Dates | 1889-CC, 1893-CC, 1879-CC |
| Popular Grades | Circulated grades to Mint State (MS) and Prooflike (PL) coins |
| Historical Value | Represent the silver boom of Nevada during the Wild West era |
A Glimpse into History
The Carson City Mint was established in 1870 to convert Nevada’s vast silver resources into coins. Its location near the Comstock Lode, one of the largest silver deposits in the world, made it an ideal site. Despite its strategic importance, the mint operated intermittently due to political and financial constraints, producing coins for only 23 years.
Among its most famous coins are the Carson City Mint Morgan Silver Dollars, first struck in 1878. These coins were born out of the Bland-Allison Act, which required the U.S. Treasury to purchase silver and mint it into coins. The Carson City mint mark symbolizes an era of silver mining, frontier living, and the adventurous spirit of the American West.
Why Carson City Mint Morgan Silver Dollars Stand Out
1. Unique Rarity
Unlike most Morgan Silver Dollars, which were minted in massive quantities, Carson City coins had smaller mintages. With only 13 dates in the set, completing a collection is a manageable yet rewarding challenge.
2. Historical Connection
These coins embody the story of the Wild West and the booming silver industry of the late 19th century. Their production at a small mint in Nevada makes them particularly fascinating to history enthusiasts.
3. Investment Potential
The rarity and demand for Carson City Morgans often result in significant value appreciation over time. Coins from key dates like 1889-CC and 1893-CC are especially prized and can fetch thousands of dollars in high grades.
4. Appeal to All Collectors
From beginners to seasoned numismatists, Carson City Morgans offer something for everyone. Affordable options are available for novices, while experienced collectors can pursue higher-grade Prooflike (PL) and Deep Mirror Prooflike (DMPL) coins.
Key Coins in the Carson City Mint Set
1. 1878-CC: The Pioneer Coin
The first year of Carson City Morgan production, the 1878-CC, is relatively common in Mint State grades. With over 250,000 coins still in existence, it’s a popular entry point for collectors. Prices start at $50 for circulated grades and rise significantly for higher-grade examples.
2. 1889-CC: The Rarest of the Rare
The 1889-CC is the scarcest Carson City Morgan and a must-have for serious collectors. Even heavily worn examples command high prices, while Mint State coins can sell for tens of thousands of dollars.
3. 1893-CC: The Last of Its Kind
As the final year of Carson City Morgan production, the 1893-CC holds historical significance. It is less common than earlier dates, and its value increases sharply in higher grades.
Grading Carson City Mint Morgan Silver Dollars
Understanding grading is essential when collecting Carson City Morgans, as a coin’s grade significantly impacts its value.
- Circulated Grades: Coins with noticeable wear are graded on a scale from Poor-01 to About Uncirculated-58.
- Mint State Grades: Uncirculated coins are graded from MS60 (average) to MS70 (perfect). Grades like MS64 and above indicate coins with excellent eye appeal and minimal marks.
- Prooflike and DMPL: Coins with mirror-like fields due to polished dies receive the PL or DMPL designation, commanding higher premiums.
How to Start Collecting Carson City Morgans
1. Begin with Affordable Coins
For beginners, focus on more common dates like the 1882-CC or 1883-CC. These coins are relatively easy to find and cost less than rarer dates.
2. Look for Certified Coins
Purchase coins graded by trusted organizations like PCGS or NGC to ensure authenticity and proper valuation.
3. Seek Out Key Dates
Expand your collection by adding rarer coins like the 1889-CC or 1893-CC as your budget allows.
4. Explore Prooflike Coins
For an added challenge, look for coins with the PL or DMPL designation, which offer stunning visual appeal.
5. Prioritize Eye Appeal
Choose coins with attractive toning and minimal blemishes, as they are more enjoyable to own and often retain better value.
Fascinating Facts About Carson City Morgans
- GSA Sales Boosted Their Popularity:
In the 1970s, the U.S. government sold thousands of Carson City Morgans stored in Treasury vaults. Many coins were housed in special GSA holders, which are now collectible themselves. - Only 13 Coins in the Set:
Unlike other mints, Carson City only struck Morgan Dollars for 13 different years, making it easier to complete a collection. - Connection to the Comstock Lode:
The Carson City Mint owes its existence to the silver boom from the Comstock Lode, one of the richest silver discoveries in U.S. history.
FAQs About Carson City Mint Morgan Silver Dollars
1. How many Carson City Mint Morgan Silver Dollars are in a complete set?
There are 13 unique dates in the set, covering the years 1878 to 1893 (excluding 1886–1888).
2. What is the rarest Carson City Morgan Silver Dollar?
The 1889-CC is the rarest and most valuable coin in the set.
3. Are Carson City Morgan Silver Dollars a good investment?
Yes, their rarity and historical significance make them a solid investment for collectors.
4. Where can I buy Carson City Morgans?
Look for reputable coin dealers, auction houses, or certified coins listed on trusted online platforms.
5. What is the significance of Prooflike and DMPL coins?
These coins have reflective surfaces due to die polishing, making them more desirable and valuable.
Final Thoughts
Collecting Carson City Mint Morgan Silver Dollars is an enriching experience that combines history, rarity, and investment potential. Whether you’re drawn to their connection to the Wild West or their stunning designs, these coins are a testament to America’s numismatic heritage.
Ready to start your journey? Share your collecting stories in the comments or explore more guides to enhance your knowledge. Happy collecting!
