The 1889-CC Morgan silver dollar is one of the rarest and most valuable coins in the Morgan dollar series, minted in Carson City with only 350,000 coins produced. Many were melted down, making surviving examples highly sought after.
It is often targeted by counterfeiters, with the most common fakes involving the addition of a "CC" mintmark to Philadelphia-minted coins.
Minted at the Carson City Mint, the 1889-CC Morgan dollar is regarded as one of the rarest coins from this branch mint. Its low mintage and the melting of many coins have made it a key date for collectors.
The Carson City Mint, famous for its role in the silver boom of the American West, ceased production of Morgan dollars in 1893, making the 1889-CC a highly prized relic of this era.
Counterfeits are prevalent, with added mintmarks being a common form of fraud, so collectors need to be cautious.
The obverse of the 1889-CC Morgan dollar features a left-facing portrait of Liberty wearing a Phrygian cap, adorned with cotton and wheat, symbolizing liberty and agricultural abundance. The reverse showcases an eagle with outstretched wings, holding arrows and an olive branch, symbolizing strength and peace.
The "CC" mintmark beneath the eagle indicates that the coin was minted at the Carson City Mint. The inscriptions include “E Pluribus Unum” on the obverse and “United States of America” and “In God We Trust” on the reverse.
The value of the 1889-CC Morgan silver dollar varies dramatically based on condition. In circulated grades, prices can range from several thousand dollars, while Mint State coins in MS-60-62 can command upwards of $50,000.
Higher-grade examples in MS-63 or above are extremely rare and can reach six-figure sums, with auction records for top-quality pieces exceeding $300,000. Prooflike and gem Mint State coins are exceptionally valuable and highly sought after by serious collectors.
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