1882-CC Silver Morgan Dollar MS-65 NGC GSA w/Box

1882-CC Silver Morgan Dollar MS-65 NGC GSA w/Box

Introduction:

Whenever Carson City is mentioned, it reminds people of the Wild West Era of America. The Carson City Morgan Dollars are one of the most sought after coins by numismatists as their mintage was extremely low compared to other mints. These coins are famous for their large size, beautiful design and being the only coins to have two lettered mintmarks.

Coin Features:

• Contains .7734 Troy Ounce of .900 fine Silver.
• Graded by NGC – MS 65.
• MS – Mint State. 65 – Well struck with moderate marks or hairlines.
• Obverse: Left facing portrait of Lady Liberty wearing a Liberty Cap with the word “LIBERTY” inscribed on the ribbon. The cap is decorated with two heads of wheat and two cotton blossoms. 13 Stars for the 13 original colonies, “E PLURIBUS UNUM” and Year of Mintage 1882 encircle the main device. A design by George T. Morgan.
• Reverse: Features a George T. Morgan design of majestic bald eagle with outstretched wings clutching an olive branch and arrows in its talons to symbolize peace and preparedness. Inscriptions – “UNITED STATES OF AMERICA,” “ONE DOLLAR,” “IN GOD WE TRUST.”
• Year of Mintage – 1882, Minted at Carson City (CC).
• Comes in an original GSA-issued plastic holder with NGC grading on it.

• 100% Authentic.

Why Buy Morgan Silver Dollars?

• Silver Morgan Dollars are a popular series that is widely collected by numismatists.
• The Carson City Morgan Dollars have the lowest mintage compared to other mints.
• The content of the coin is 90% silver and 10% copper, and these coins are famous for their silver content.
• Carson City Morgan Dollar series are easy to complete as there are only 13 coins in the series.
• Silver coins are an affordable option to enhance your investment portfolio.
• Morgan Dollars are one of the most widely recognized coins and are easy to buy and sell.

• They are extremely popular for their unusually large size, beautiful design, and their silver content.

Detailed Information:

The Carson City Mint brings back to life the Wild West Era of America and how the finding of the Comstock Lode silver vein changed the fortune of Carson City as well as America. Prior to this discovery, Carson City was just a small settlement that survived by providing supplies to those prospectors who were heading west in search of fortune influenced by the California Gold Rush. The discovery of the Comstock Lode in 1858 lead to a huge number of population settling down in Carson City and it soon became a hub, the boom in business led to the fast growth of the city which soon had hotels, restaurants, breweries, saloons, and boarding houses to boast of.

Since it was a difficult and expensive task to carry all the mined silver to the San Francisco Mint and Philadelphia Mint, the government came up with a plan to establish a closer mint that did not cost much for transportation and involved less risk. The legislation was passed in March 1863 to establish a mint in the Nevada Territory and Carson City became the ideal candidate. However, due to civil war and post-war financial problems, the Carson City Mint could only begin functioning in 1870.

The finding of the Comstock Lode silver leads to the Bland-Allison Act which required the Treasury to purchase two to four million dollars’ worth of silver each month to mint coins. This lead to the minting of millions of Morgan Dollars which was more than required for circulation. Hence most of it was stored in the Treasury vault. The 1918 Pittman Act led to the melting of millions of Morgan Dollars that were sitting in the Treasury Vaults, but it was discovered, in the 1960s, that around three million uncirculated Silver Morgan Dollars from the Carson City Mint still existed.

The Morgan Dollar is named after its designer George T. Morgan and is one of the most popular and sought-after coins. It was minted from 1878-1904 and once again in 1921 at five different mints in total. There are different ways and combinations of completing a collection of these coins which may depend on dates, mint marks, condition, and much more.

Bullion Exchanges is pleased to offer you the 1882-CC Morgan Silver Dollar MS-65 NGC GSA w/Box at one of the most competitive prices in the industry.

Browse our vast collection of Silver Morgan Dollars and other US silver coins, and feel free to contact us at 800-852-6884 if you have any questions in regards to any of our products.

You may also be interested in 1882-CC Silver Morgan Dollar MS-62+ NGC (GSA) w/Box, 1882-CC Silver Morgan Dollar GSA Uncirculated W/Box & COA, 1882-CC Silver Morgan Dollar F/VF .