Why Carson City Morgan Silver Dollars Are Highly Collectible

Carson City Morgans (CC Silver Dollars) demandAll Carson City Morgans are considered very
an indomitable place in American history. Aftercollectible, but among the most valuable of these
massive quantities of silver were discovered inis the 1885 Morgan CC. During this year, very few
the 1850s in Carson City, Nevada, the town builtof these silver dollars were minted. The Carson
and maintained a mintage that produced whatCity mint was officially closed in 1893.
became known as the CC Morgans.Meanwhile, the numismatic hobby was growing by
The Carson City silver dollars look the same asleaps and bounds. Then, in the late 1930s a few
the Morgan dollars, with the face of Liberty andcoin dealers discovered that there were
an eagle on the reverse side, but also display theuncirculated Carson City silver dollars worth $5.00
double C mint mark on the reverse side. This facteach in Washington D.C.'s Treasury Department.
makes it extremely valuable to collectors.Naturally, the dealers began to take advantage of
Millions of Carson City silver dollars were mintedthe opportunity.
during certain years, but in other years only aNew interest in Carson City Morgans began in
few thousands were minted. As a result, Carson1972 when the General Services Administration
City silver dollars total less than one per cent ofbegan to distribute them in mail-bids. This
the total number of American silver dollars thatcontinued until1980, when the entire cache of CC
were minted before and after them.dollars was gone.