1889-CC $1 Morgan Silver Dollar PCGS MS63

An iconic rarity to include in your collection!

Carson City: two little words that paint big pictures of the Wild West, the Comstock Lode, and Morgan silver dollars--the most popular collectable in American numismatists. The discovery of the Comstock Lode, the first big deposit of silver ore in the United States, inspired the silver rush of 1859.

Prospectors swarmed into Nevada, scrambling to stake their claims. The town of Virginia City--and many others--sprang up as a direct result of the Comstock Lode. Mining camps soon dotted the landscape and became centers of enormous wealth. Much of that silver was used to strike Morgan dollars, including this very special Morgan dollar.

David Bowers writes, "The 1889-CC dollar is one of the great keys in the Morgan series, and among the Carson City issues it is far and away the most elusive." PCGS has graded 104 as MS63 with 42 finer. Collector’s Universe prices this issue at $47,500.00 in MS63.

The Carson City Mint, where this iconic rarity was struck in 1889. Photo: Wikimedia Commons.

Unlike many of the earlier "CC" dollars, however, many of the 1889-CC silver dollars were paid out, mostly in 1889. NGC Coin Explorer writes, "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 [also] 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.… Uncirculated coins are very rare and command prices well into the five figures."