1884-CC Morgan Silver Dollar Value
Finest Known: MS68 (NGC) MS68+ (PCGS)
Auction Record: $85,188 (MS68+)
Image: USA CoinBook
The 1884-CC Morgan dollar was a mythical rarity for nearly 100 years. This changed in the 1970s with the GSA sale of Morgan dollars. The Treasury Department stopped giving out $1,000 bags of Morgan dollars at face value in 1964, when they realized how valuable they were.
The General Services Administration (GSA) was charged with selling the remaining Morgan dollars A great many of the silver dollars remaining in Treasury vaults when sales ceased were Carson City mintages. More than 960,000 of these coins were 1884-CC Morgans, priced at $30. Even accounting for inflation, that was still a great deal for an uncirculated Carson City Morgan dollar ($187).
The Value of a 1884-CC Morgan Dollar
The 1884-CC Morgan dollar is one of the more plentiful Carson City mintages. It is not difficult to find it in grades up to MS65. But, the cache of being a Carson City Morgan dollar keeps prices higher than they would be for other mintmarks.The 1884-CC Carson City Morgan dollar fared better than most mintages during their decades in storage. They didn't all survive unscathed, but the average Mint State 1884-CC Morgan is a strong MS64.
1884-CC Morgan Dollar Price Guide
|Very Fine 25||Extremely Fine 45||About Uncirculated 55|
|Mint State 61||Mint State 63||Mint State 65||Auction Record (MS68+)|
The information on this page does not constitute an offer to buy or sell the coin(s) referred to. Statistics are for Mint State coins only. Proof and prooflike examples of this issue may have greater or lesser "finest known" and different record auction prices.