1889-CC Morgan Silver Dollar

In 1870, the Carson City Mint opened its doors for business, but by 1885, the facility was shut down.

Some historians believe the stoppage occurred because of justifiable economic concerns, while others are convinced partisan politics played a hand in the decision.

Things changed in July 1889 when the mint building was reopened. The first several months were spent preparing the facility for manufacturing operations. By October, the coining presses were once again stamping out the “CC” mintmark.

Before the end of the year, a total of 350,000 of the 1889-CC Morgan Silver Dollar were produced. Numismatic scholars have concluded that perhaps 250,000 to 325,000 of the 1889-CC dollars were melted, making this date one of the scarcest in the entire Morgan Silver Dollar series.

The 1889-CC Morgan Silver Dollar has a couple of angles that make it a collector’s favorite. First, it is a rare key date in what is absolutely one of the most popular type coins in American numismatics, the Morgan Dollar. Second, all coins of the Carson City Mint are associated with the “Wild West” aura, and carry added weight with collectors. A quick check of long term upwardly price trends for the 1889-CC attests to its stellar reputation.





1889-CC Morgan Silver Dollar

Uncirculated 1889-CC Morgan Silver Dollar
Coin Photos courtesy of Ira & Larry Goldberg Coins & Collectibles, Inc., Beverly Hills, CA






1889-CC Morgan Silver Dollar Price Increase Graph

1889-CC Morgan Silver Dollar (F-12 Condition)

There are many key dates of great interest to collectors in the Morgan Dollar series, and the 1889-CC is certainly one of them. Price increases for the 1889-CC have been strong over the years, as the blue line in the chart above illustrates. Using the Year 2000 as a baseline, the 1889-CC multiplied in value by more than four times, before settling down in 2010. Contrast this to the red line graph of the Rare Coin Values Index, which is the composite percent change over the same time period of a cross-sectional group of 87 rare US coins. The goal of the Index is to approximate the direction and strength of the overall rare US coin market, and is updated every month.


 

Members of the Rare Coin Values Index
Date Coin Type Grade Est. Retail Value Aug 2017
1793 Liberty Cap Left Half Cent G-4 3850
1802 2/0 Rev 1802 Draped Bust Half Cent G-4 1000
1793 Chain AMERI. Flowing Hair Large Cent G-4 10000
1794 Starred Rev Liberty Cap Large Cent G-4 35000
1799 Draped Bust Large Cent G-4 4500
1856 Flying Eagle Cent G-4 6500
1877 Indian Head Cent G-4 600
1909-S VDB Lincoln Cent G-4 600
1914-D Lincoln Cent G-4 170
1922-D (No D) Lincoln Cent G-4 550
1864 Small Motto Two Cent F-12 400
1865 Three Cent Silver PF-65 1750
1884 Three Cent Nickel F-12 650
1795 Flowing Hair Half Dime G-4 1400
1797 Draped Bust, Small Eagle Half Dime G-4 1500
1800 Draped Bust, Large Eagle Half Dime G-4 1100
1865 Seated Liberty Half Dime G-4 300
1879 Shield Nickel VG-8 550
1885 Liberty Nickel VG-8 675
1913-S Type 2 Buffalo Nickel G-4 325
1918/7-D Buffalo Nickel G-4 875
1937-D 3 Legs Buffalo Nickel G-4 475
1796 Draped Bust Dime G-4 2750
1822 Capped Bust Dime G-4 2000
1871-CC Seated Liberty Dime G-4 3250
1895-O Barber Dime G-4 375
1916-D Mercury Dime VG-8 1400
1942/1-D Mercury Dime VG-8 425
1875-CC Twenty Cent G-4 350
1796 Draped Bust, Small Eagle Quarter G-4 12500
1804 Draped Bust, Large Eagle Quarter G-4 4000
1823 Capped Bust Quarter G-4 40000
1870-CC Seated Liberty Quarter G-4 10000
1896-S Barber Quarter G-4 725
1901-S Barber Quarter G-4 4750
1916 Standing Liberty Quarter G-4 2900
1918/7-S Standing Liberty Quarter G-4 1150
1923-S Standing Liberty Quarter G-4 300
1932-D Washington Quarter F-12 130
1794 Flowing Hair Half Dollar G-4 6000
1796 16 Stars Draped Bust Small Eagle Half Dollar G-4 40000
1815/12 Capped Bust Half Dollar G-4 1750
1836 Reed Edge Capped Bust Half Dollar G-4 1000
1870-CC Seated Liberty Half Dollar G-4 900
1892-O Barber Half Dollar G-4 327
1921-D Walking Liberty Half Dollar VG-8 375
1938-D Walking Liberty Half Dollar VG-8 75
1953-S Franklin Half Dollar MS-65 FBL 20000
1794 Flowing Hair Silver Dollar G-4 65000
1796 Draped Bust Small Eagle Silver Dollar G-4 1750
1801 Draped Bust Large Eagle Silver Dollar G-4 1000
1836 Gobrecht Dollar, Name on Base, Circ. Issue XF-40 12500
1873-CC Seated Liberty Dollar G-4 7500
1879 Trade Dollar PF-65 8500
1889-CC Morgan Silver Dollar F-12 800
1893-S Morgan Silver Dollar F-12 4000
1895 Morgan Silver Dollar F-12 (PF Only) 35000
1928 Peace Dollar F-12 275
1849-C Cl. Wreath Type One Gold Dollar VF-20 1300
1855-D Type Two Gold Dollar VF-20 10250
1861-D Type Three Gold Dollar VF-20 18500
1796 No Stars Capped Bust $ 2.50 Quarter Eagle F-12 55000
1808 Capped Draped Bust $2.50 Quarter Eagle F-12 23500
1826 Capped Head $2.50 Quarter Eagle F-12 9500
1838-C Classic Head $2.50 Quarter Eagle F-12 2500
1848 CAL. Coronet $2.50 Quarter Eagle F-12 25000
1856-D Coronet $2.50 Quarter Eagle F-12 5250
1911-D Indian Head $2.50 Quarter Eagle XF-40 4000
1854-D Indian Head Three Dollar F-12 10000
1795 Capped Bust Small Eagle $5.00 Half Eagle F-12 20000
1800 Capped Bust Large Eagle $5.00 Half Eagle F-12 4250
1808 Capped Draped Bust $5.00 Half Eagle F-12 3500
1821 Capped Head $5.00 Half Eagle F-12 15000
1833 Large Date Capped Head $5.00 Half Eagle F-12 16000
1834 Cross 4 Classic Head $5.00 Half Eagle F-12 1300
1861-D Coronet $5.00 Half Eagle F-12 15000
1870-CC Coronet $5.00 Half Eagle F-12 13500
1909-O Indian Head $5.00 Half Eagle XF-40 7500
1795 9 Leaves Capped Bust Small Eagle $10 Eagle F-12 55750
1804 Capped Bust Large Eagle $10 Eagle F-12 20000
1841-O Coronet $10 Eagle F-12 2850
1879-CC Coronet $10 Eagle F-12 9700
1911-D Indian Head $10 Eagle XF-40 2250
1930-S Indian Head $10 Eagle XF-40 20750
1859-O Coronet $20 Double Eagle VF-20 5750
1907 Wire Rim St-Gaudens $20 Double Eagle XF-40 11000
1921 St-Gaudens $20 Double Eagle XF-40 45000


See the 87 Index Coins