Tag: Carson City Mint

1893-CC Liberty Eagle NGC AU58

Sirhc

Scarce

The Carson City Mint struck a small production of 14,000 Liberty eagles in 1893, the last year of coinage operations at the famous Western facility. The coins were released into circulation and few high-quality examples were saved for numismatic purposes. As might be expected, the 1893-CC is an elusive issue in all grades today, with most examples seen in the VF-XF grade range. AU58 examples are scarce and Mint State specimens are very rare.

The NGC population is 59 with 21 graded higher.

Listed at $16,800 in the CDN CPG and $20,000 in the NGC price guide.

Offered at $14,690

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Positively Perennially Popular 1880-CC Morgan Dollar PCGS MS67

Sirhc

Only 3 Graded Higher

The 1880-CC was made plentiful in the 1970s with the dispersal of the GSA silver dollar holdings. More than 131,000 coins were distributed, or roughly 22% of the total mintage from a century prior. Of these, more than 114,000 coins qualified for what the GSA graders considered Uncirculated, meaning the coins were neither toned nor obtrusively scratched. About 16,000 toned and scratched coins were also distributed. Nonetheless, the availability of this issue declines significantly at the Superb Gem grade level. And it’s certainly fair to say that the example being offered here is conditionally scarce.

The PCGS population is 50 with just 3 graded higher, two of the latter being MS67+ examples.

$23,000 in the PCGS price guide.

Offered at $19,775

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1889-CC Morgan Dollar NGC MS63 DPL

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After a four-year hiatus, the Carson City Mint was authorized to resume coinage in July 1889, although operations did not commence until October due to repairs that needed to be performed on the building and machinery. Morgan dollar production in the final quarter of the year reached 350,000 coins. Unlike earlier silver dollar issues from this mint that were largely dumped into long-term storage and forgotten, the 1889-CC seems to have been released — at least in part — into circulation. Worn coins are plentiful today, and Mint State pieces are scarce by comparison.
The 1889-CC has long been the condition key of the Carson City Morgans, but its status as one of the key dates of the entire series was established permanently in the 1970s, when no large quantities of this date emerged from the GSA sales. A single GSA coin, sold in the Mixed CC offerings, stood as a glaring reminder of just how challenging high-grade 1889-CC Morgans would continue to be.

This survivor displays more pronounced Cameo contrast on its reverse than its obverse, but the latter is still more heavily frosted than is apparent in our image. The NGC population is 30 with 13 graded higher, none better than MS64. Listed at $75,000 in the CDN CPG and $71,500 in the NGC price guide.

Offered at $65,500

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1891-CC Liberty Double Eagle NGC MS61

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With just 5,000 pieces struck, the 1891-CC is a rarity among Carson City twenties and the long-running Liberty Head double eagles alike. Despite small groups of the issue surfacing from time to time among overseas holdings, Mint State examples are rare even within the low Uncirculated levels. The finest 1891-CC seen by PCGS or NGC tops out at MS6 3, with each of those grading companies having recognized a single survivor at that grade. In hand, this example is noticeably more lustrous than seen in our images. The NGC population is 16 with 10 graded higher.

Listed at $86,400 in the CDN CPG and $77,500 in the NGC price guide.

Offered at $76,500

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Immensely Popular 1889-CC Morgan Dollar NGC AU58

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The Carson City Mint was used as an assay and storage facility during the 1886-1888 time period. The Mint was scheduled to resume coinage operations in 1889, but extensive repairs were needed and key personnel had to be hired before the re-opening could be accomplished. As a result, no coins were struck until October, and only 350,000 Morgan dollars were produced before year’s end. In addition to the low mintage, many examples of the 1889-CC that were held in government storage were later melted, further reducing the supply of collectible specimens.

Listed at $20,400 in the CDN CPG and $18,250 in the NGC price guide.

Offered at $20,400

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Rare 1870-CC Seated Liberty Half Dollar NGC AU50

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This 1870-CC in About Uncirculated is a rare coin in uncommonly desirable condition. Just eight examples of the date are certified in Uncirculated grades between the two major grading services, and About Uncirculated examples are very rare in their own right. Among Seated half collectors, the 1870-CC is ranks near the top of the most challenging issues for the entire series. Competition is intense for problem-free, high-grade examples. The NGC population is only 6 with 7 graded higher.

Listed at $26,400 in the CDN CPG and $30,000 in the NGC price guide.

Offered at $23,625

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1889-CC Morgan Dollar NGC AU58

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The 1889-CC is the scarcest of the Carson City Morgans and one of the two biggest key dates in the series overall, trailing only the 1893-S in overall scarcity among circulation strikes. The mintage of 350,000 pieces was accomplished during the final quarter of the year, after the Carson City Mint reopened following a four-year hiatus in production during the first Grover Cleveland Administration. President Benjamin Harrison allowed the Nevada branch mint to reopen, being sympathetic to silver mining interests in the West. 

Offered at $22,500 delivered.
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1889-CC Morgan Dollar NGC MS65PL

Sirhc

Yes, it’s True!

The small original mintage for this issue was the result of the short period of time available for coinage, just three months at the end of 1889. The Carson City Mint reopened on July 1, 1889 after a four-year hiatus. The facility was in poor condition, due to neglect and idleness, and necessary repairs to the building and machinery imposed a long delay on coining operations. Coinage was finally resumed in October, and only 350,000 pieces were produced before the end of the year. Due to the extremely large collector base for Morgan dollars, this issue is typically under significant pressure to satisfy demand. The one offered here is color-free, flashy and gorgeous! This and one other are tied for the highest graded by NGC and PCGS hasn’t graded any PL examples this high.

Offered at $395,000 delivered

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1880-CC Morgan Dollar NGC MS67

Sirhc

Superb, Super Frosty

Demand for high-grade Carson City material is strong across all denominations and series, but Morgan dollars in particular seem to capture the hearts and mind of collectors. Part of what makes high-end Nevada mint Morgans so interesting are the numerous forces that work to influence their availability and collectability. For example, many issues, like the 1880-CC, have low mintages. But they were often also widely held in storage through the mid-20th century. Essentially, relatively few coins were made, a high proportion of them survive, but even that sizeable number is insufficient to fully satisfy demand. This particular example exhibits frosty surfaces and a wonderful overall appearance. The NGC population is 35 with 4 higher.

Offered at $15,185 delivered

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1880-CC Morgan Dollar NGC MS67

Sirhc

Frosty and Superb “GSA Hoard”

Offered at $15,450 delivered

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