Lot Number:2
Start Time:5/23/2024 4:00:00 AM
End Time:6/9/2024 10:00:30 PM
Bid Count:61
Winning Bidder:R****d
Starting Bid:$1.00
Bid Increment:$20.00
Current Bid:$577.00
Bidding complete

The concept of a $1 Carson City Morgan Dollar doesn't exist because Morgan Dollars themselves hold a much higher value than a dollar due to their silver content. Minted from 1878 to 1921 (with a short return in 2021), these silver coins have a melt value that's considerably higher. As of May 30, 2024, a Morgan Dollar's silver content translates to roughly $24.73.

Now, let's delve into Carson City Morgan Dollars specifically. These coins were produced at the Carson City Mint, which operated from 1863 to 1893 during the peak of Nevada's silver mining boom. They're particularly prized by collectors for two reasons: their historical significance and often lower mintage numbers compared to Morgan Dollars minted elsewhere.

Here's a closer look at Carson City Morgan Dollars:

  • History: As mentioned earlier, the Carson City Mint capitalized on the flourishing silver industry in Nevada. The mint's closure in 1893 coincided with the decline of silver mining. These Morgan Dollars hold a special place in American numismatics due to the mint's connection to the Wild West era.
  • Mintage: Production of Carson City Morgan Dollars wasn't continuous. They were minted from 1878 to 1885, with a brief return in 1887 and 1888. The number of coins minted each year varied significantly. For instance, the 1878-CC Morgan Dollar has a relatively high mintage of around 757,272, while the scarcer 1889-CC only has about 275,000 pieces. Generally, lower mintage translates to higher value among collectors.
  • Specifications: All Morgan Dollars, regardless of mint location, share the following characteristics:
    • Material: 90% silver, 10% copper
    • Diameter: 38.1 mm (approximately 1.5 inches)
    • Weight: 26.73 grams (approximately 0.89 ounces)
    • Obverse (front): Features a right-facing draped bust of Liberty
    • Reverse (back): Showcases a heraldic eagle clutching a wreath in its talons, with the inscription "IN GOD WE TRUST" above

If you happen to have a Morgan Dollar, check for the mintmark, which is usually situated below the eagle on the reverse. A "CC" mark signifies a Carson City Morgan Dollar. To determine its potential value, research the specific year and mintmark using online resources like PCGS CoinFacts or NGC Coin Explorer. These sites provide valuable information and images for reference. Finally, consider getting your coin professionally graded by a reputable service like PCGS or NGC. Since a coin's condition significantly impacts its value, having a professional assessment can be quite beneficial.

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