1889-CC Morgan Silver Dollar. AU-58 (NGC). CAC.
Offered is a desirable Choice About Uncirculated example of this fabled CC-Mint Morgan dollar issue. It is virtually brilliant with a crescent of golden-orange iridescence hugging the lower left reverse border. Well struck with abundant luster and nicely preserved surfaces for the assigned grade. The 1889-CC is the first Carson City Mint Morgan dollar struck since 1885. The Nevada branch mint was closed throughout the intervening years during the first presidency of Grover Cleveland, who backed the gold standard and opposed the free coinage of silver. As the Carson City Mint had come into existence principally to process the large quantities of silver being mined from the nearby Comstock Lode, Cleveland's political positions made continued operations of the facility unlikely. Cleveland was defeated in his initial re-election bid in 1888, however, paving the way for the reopening of the Carson City Mint the following year. Coinage operations resumed fairly late in 1889, however, giving the facility enough time to strike only 350,000 Morgan silver dollars. Although other CC-Mint Morgans have lower mintages, the 1889-CC was saved in far fewer numbers and ranks as the rarest Carson City Mint issue of the type.
PCGS# 7190. NGC ID: 2559.
From the Roberta and William C. Willner Collection.
Estimate: $15000
Price realized | 15'500 USD |
Starting price | 1 USD |
Estimate | 15'000 USD |