1889-CC $1 MS64 PCGS....

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Elusive 1889-CC Morgan Dollar, MS64

1889-CC $1 MS64 PCGS. The 1889-CC Morgan silver dollar boasts a low mintage of 350,000 pieces. In A Guide Book of Morgan Silver Dollars, Q. David Bowers relates, "The 1889-CC dollar is one of the great keys in the Morgan series, and among Carson City issues it is far and away the most elusive." In the context of Morgan silver dollars, this issue is rare in all grades, with most examples seen in lower circulated grades. Most Uncirculated specimens are in the MS62-MS63 range, while MS64 examples are quite rare. Only eight coins have been certified above the MS64 level by NGC and PCGS combined, and that figure may contain some resubmissions (3/09).
The Carson City Mint had been inactive since 1885, before reopening on July 1, 1889. The facility required an extensive overhaul after four years of neglect, and coining operations did not resume until October, accounting for the low mintage totals for the date. Many coins were released into circulation, as silver dollars were the favorite medium of exchange in the western United States. No large quantities of the date were included in the great Treasury releases of the 1960s, and only a single coin was found in the Treasury vaults when the government halted payouts of silver dollars in 1964.
The present coin is a pleasing example of this elusive date. The surfaces show unbroken cartwheel mint luster, complemented by a full strike. Full details are present on Liberty's hair above the ear and on the eagle's breast on the reverse. A dark color spot is noted in Liberty's hair opposite L in PLURIBUS, and some inconsequential handling marks define the grade. Population: 29 in 64, 2 finer (3/09).
From The Joseph C. Thomas Collection.(Registry values: P9, N7079)

Coin Index Numbers: (NGC ID# 2559, PCGS# 7190, Greysheet# 7554)

Weight: 26.73 grams

Metal: 90% Silver, 10% Copper

View all of [The Joseph C. Thomas Collection, Part Two ]

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