1889-CC $1 Morgan Silver Dollar NGC AU58

Here is an example of the undisputed "Key" date of the Morgan silver dollar series. Purchase this piece, and you will have a classic rarity in a top AU grade. NGC has graded 235 examples as AU58 with 354 finer.

The expertise of AUCM in Morgan dollars is documented in the volume of examples--great Key Date rarities, Condition Rarities, and common, affordable examples--that we offer on a regular basis.

The Carson City Mint, where this great rarity was struck in 1889.

After a hiatus of four years, in 1889 silver dollars were again being produced at the Carson City mint. David Bowers tells us that, "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." Unlike many of the earlier "CC" dollars, however, a vast majority of the 1889-CC silver dollars were paid out, mostly in 1889. The original mintage was 350,000.

A smattering of coins--single coins and small groups--were paid out from the Treasury beginning in 1933 and 1934. Such distribution continued for many years. Significantly, there were no reports of any sale of 1000-coin bags of 1889-CC Morgan dollars. In his writing, Bowers made no mention of GSA holdings for this issue. However, after publishing an article on "CC" Morgan dollars in the CDN Monthly Supplement Newsletter in 2007, a collector in Idaho called this author to say that he had indeed received an uncirculated 1889-CC Morgan dollar in one of the GSA mail bids. Thus the documented GSA holdings of the "CC" key date is a single piece.