1890-CC MORGAN SILVER DOLLAR
PCGS-GSA MS62The 1890-CC Morgan Silver Dollar holds the record for the largest Morgan Dollar mintage at the Carson City Mint, at just over 2.3 million coins struck. Although the 1890-CC had the highest mintage, this issue is considered scarce today. This is because many were released into circulation in the Old West, where people preferred their money to be silver, and Carson City Morgan Dollars exchanged hands frequently as ''hard'' currency.
As with many other coins in the Morgan series, the rarity is determined by the extent of melting and distribution from the Treasury, or the Morgan Dollar GSA hoard in later decades. Many of the 1890-CC Morgan Dollars found their way to the melting pots, and only a small number were stored away in the Treasury vaults. Unlike the issues of the 1880's, the 1890-CC was not well represented in the GSA Treasury releases decades later. The GSA inventory showed only 3,949 of the 1890-CC Morgan Dollars in its inventory. Due to this, the 1890-CC is much scarcer than those earlier dates, especially in uncirculated Mint State grades. Other Carson City issues with lower mintages had significantly higher numbers of coins in the GSA inventory. As a result, the handful of high-grade Mint State examples that survived outside government custody, and the few GSA certified 1890-CC dollars are considered significant numismatic prizes today. This low mintage combined with the Carson City pedigree, make the 1890 Carson City Morgan Dollar incredibly popular with collectors and investors alike.