One year after striking just 296,000 Morgan Dollars in 1881, the Carson City Mint issued nearly1 million additional coins in 1882 for a total of 1.133 million. Many of the Carson City Mint-issued Morgan Silver Dollars from the 19th century ended up going directly from the mint to US Treasury vaults, never making it to circulation. In the 1960s, the Treasury discovered a vast hoard of uncirculated Carson City Morgan Dollars, including more than half of the original 1882 issues. Now, 1882-CC Morgan Silver Dollar Coins with GSA plastic holders are available to you for purchase online from JM Bullion.
Coin Highlights:
- Coins arrive inside of hard plastic holders from the GSA!
- 5th date mark in the Morgan Silver Dollar Series!
- Original mintage of only 1,113,000 coins!
- Contains .77344 Troy oz of actual silver content.
- Issued a face value of $1 (USD) by the United States.
- The obverse of the coin features Liberty.
- On the reverse side is the heraldic eagle.
- Bears a “CC” mint mark from the Carson City Mint.
The 1882 release of Morgan Silver Dollars saw fluctuations across the board in the production of the coins across the four mints striking the coins at the time. While the Philadelphia Mint jumped from 9.1 million coins to 11.1 million coins, the San Francisco Mint offset those gains by dropping from 12.7 million coins to 9.25 million coins. Meanwhile, the New Orleans Mint boosted production from 5.7 million coins to 6.09 million and the Carson City Mint jumped from 296,000 to 1.113 million coins.
While the Carson City Mint struck a higher volume than the previous two years, most of its coins went to US Treasury vaults and were never put into circulation. More than half of the coins remained there for nearly a century. In the 1960s, the US Treasury discovered millions of Carson City Morgan Dollars in its vaults in uncirculated condition. An audit by the Government Services Administration found 605,000 1882-CC Morgan Dollars in that hoard of coins, representing more than half of the initial 1882 issue.
The obverse side of 1882-CC Morgan Silver Dollar Coins comes with an image of Lady Liberty. This depiction of Liberty was created in 1878 by George T. Morgan, an Assistant Engraver at the United States Mint. The design shows Lady Liberty in left-profile relief with a wreath crown in her hair and a coronet with “Liberty” inscribed on it.
On the reverse face of 1882-CC Morgan Dollar Coins is a 19th-century version of the heraldic eagle of the United States. The design shows the bald eagle clutching the arrows of war and the olive branch of peace in its talons. The bird is set in front-facing relief.
These 1882-CC Morgan Silver Dollars come to you in hard plastic holders as packaged by the GSA. The coins were originally packaged like this by the GSA for the public auctions it held in the 1970s and 1980s to disperse the uncirculated Morgan Silver Dollars discovered in US Treasury vaults in the 1960s.
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