The debut of the Morgan Silver Dollar in 1878 marked the return of US silver dollars. With the passage of the Coinage Act of 1873, the United States ended the free coining of silver and found itself on the gold standard by default. With silver dollar coining halted as a result, the Seated Liberty design series ended. When silver coining resumed in the $1 series, the US Mint debuted a new design that has been remembered for its designer, George T. Morgan. Now, 1883-CC Morgan Silver Dollar coins with original GSA packaging are available to you for purchase online from JM Bullion.
Coin Highlights:
- Coins arrive inside a hard plastic holder with a presentation box and Certificate of Authenticity from the GSA!
- 6th release of Morgan Silver Dollars!
- Total mintage of only 1,204,000 coins!
- Contains .77344 Troy oz of actual silver content.
- Issued a face value of $1 (USD) by the United States.
- The obverse depicts Lady Liberty.
- On the reverse is an image of the heraldic eagle.
- “CC” mint mark from the Carson City Mint.
With a mintage of only 1,204,000 coins in 1883, the Carson City Mint again produced the lowest volume of Morgan Silver Dollars for circulation. The Carson City Mint opened in 1870 with the specific purpose of producing circulation coinage for the United States using locally-sourced silver from the vast mines of Nevada and other sites in the American West. As it relied on locally-sourced silver, the Carson City Mint often had the lowest mintages in the series when compared to production figures at the Philadelphia Mint, New Orleans Mint, or San Francisco Mint.
In the 1960s, a massive number of uncirculated Morgan Silver Dollars was discovered in the vaults of the US Treasury as Americans began turning in Silver Certificates to redeem for silver dollars. When the Treasury discovered this, the Government Services Administration was brought in to audit the coins and prepare them for public auctions that would come in the 1970s and 1980s. This audit changed the collecting landscape for the series, revealing hundreds of thousands of date mark and mint mark combinations once thought to be very rare. For the 1883 Carson City date, the US Mint found that 755,000 of the original 1.204 million coins had just been sitting in US Treasury vaults since production in the 19th century.
The obverse of 1883-CC Morgan Silver Dollars depicts Lady Liberty in left-profile relief wearing a coronet on her head with a wreath crown as well. On the reverse side of 1883-CC Morgan Dollars is a depiction of the heraldic eagle. It features a bald eagle in front-facing relief with the arrows of war and olive branch of peace.
These 1883-CC Morgan Silver Dollars come with the original GSA plastic holder, as well as a presentation box and Certificate of Authenticity. Collectors who purchased GSA-auctioned Morgan Silver Dollars received their 1883 Morgan Silver Dollars in this exact packaging.
JM Bullion customer service is here to help at 800-276-6508. Our team is also available on the web using our live chat and email address features.