1889 CC $1 MORGAN DOLLAR
Category: Morgan Dollars (1878-1921)
Mint: Carson City
Mintage: 350,000
Obverse & Reverse Designer: George T. Morgan
Composition: Silver | Fineness: 0.9000
Weight: 26.7300g | ASW: 0.7734oz
Melt Value: $12.85 (7/30/2019)
Diameter: 38.1mm
Edge: Reeded
NGC Universal ID: 2559
After being closed for four years, the Carson City Mint resumed coining operations in late 1889. 100,000 Morgan dollars were struck there in October and November, and 150,000 were struck in December. Unfortunately, it seems that a majority of these eventually made their way to the melting pot, making these even rarer than the low mintage suggests. Today, they tend to be found in circulated condition and often have issues such as cleaning or damage. Uncirculated coins are very rare and command prices well into the five figures.
With its large silver content as a start and collector demand for the Carson City and San Francisco issues your coin has the potential for much higher value. Of the four mints that produced silver dollars in 1889, those struck at Carson City are very scarce today. Add in the huge popularity of these coins and the prices are well above average.
The 1889-CC Morgan Silver Dollar in Mint State is the most elusive Carson City Morgan silver dollar and far surpasses its closest rivals, the 1879-CC $1 and 1893-CC $1 coin, in rarity. Offerings of higher grade coins are apt to be one at a time instead of by the roll or bag. Relatively few coins were released for circulation in the year of mintage. The 1889-CC Morgan silver dollar is very rare in worn grades. In 1992, the coin in worn grades was the second most valuable, after the 1893-S among circulation strike Morgan dollars. Mint State 1889-CC pieces are few and far between and can be worth a hefty paycheck. Coins usually show an average strike at best. The luster varies from shallow to satiny to frosty. No proofs were produced at this Carson City branch mint.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1889.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; CC.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.
The Morgan Dollar series is very popular among collectors. If you have a Morgan (Liberty) Dollar that you would like to sell, please contact us.
1889 CC Morgan Dollar
01-1075
