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Thursday, 24 September 2020 18:54

Carson City Morgan Silver Dollar

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This 1883 Morgan Silver Dollar is minted by the Cason City Mint.  The Carson City mint made coins from 1878 to 1904 and then again in 1921. Up until 1964 US Citizens could redeem their silver certificates for silver dollars at the mints and In 1962 someone received a rare Morgan dollar in exchange that was mixed in a bag of other silver dollars and this spurred interest for collectors. The Treasury had discovered previously unknown mint bags of Carson City dollars in the vaults with over 2.8 Million silver dollars. In 1970 the GSA was given responsibility to market and sell the coins. The coins were sorted and mounted in these plastic display cases. Today these coins can bring a nice premium and if graded can command much higher prices. The Carson City mint generally had lower mintage numbers so it makes them a nice piece of history to add to your collection. 

Read 840 times Last modified on Saturday, 10 October 2020 02:37
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