1890 - CC Morgan PCGS MS63 Silver Dollar W/Golden Textile Toning
Item History & Price
1890-CC Morgan Silver Dollar certified by PCGS and graded MS63. Nice uncirculated Carson City Morgan! Rich, golden patina with hints of green, orange and red rim toning. Luster still shines through in nice cartwheels to illuminate the natural toning and strike details. Great textile bag toner here. Free shipping with USPS Priority Mail (1-3 Business Days). Flexible returns within 30 days. From PCGS CoinFacts:
Q. David Bowers: Record mintage: The 1890-CC was minted in large...r quantities than any other Carson City silver dollar. Many were released into circulation in the nineteenth century. Hoard coins: After the Carson City Mint closed down its coinage facilities, quantities of undistributed dollars remained there. Later, many bags were shipped to the San Francisco Mint and to the Treasury Building in Washington, D.C., for storage. In 1942-1943 many bags of 1890-CC dollars were paid out at face value by the San Francisco Mint. Probably two or three bags went to dealers and collectors at the time, and the rest went into circulation in the West, particularly in Nevada.The Treasury Building, directly across the street from the White House, was the repository for millions of Carson City dollars in the early twentieth century. In the early 1930s, several bags of these came out, and from these, hundreds of coins were snapped up by dealers and collectors. In 1941-1942, additional bags were released, after which the payouts slowed for the rest of the decade. In the early and mid-1950s many bags of Uncirculated 1890-CC dollars were released at face value to dealers with connections; a familiar story by now. Steve Ruddel, who was one of the most active dealers in Morgan dollars in quantity, stated that about 50 bags (50, 000 coins) were released from the Treasury Building in 1955, and this was only part of the story.Some of these were also given out in the 1950s from storage in the San Francisco Mint-in effect, a distribution on both coasts. By 1956-1957 they were becoming scarce, but Harry J. Forman handled at least 10 bags during this time. The Treasury stock dwindled, and in the late 1950s an order was given to stop paying them out.During the 1962-1964 Treasury release of dollars, it is unlikely that many 1890-CCs were involved. In 1964, the Treasury took stock of its remaining holdings, by which time only 3, 949 1890-CC dollars remained. These were sold in the 1970s by the General Services Administration. The Redfield hoard is said to have contained about two bags, including many mirror like coins.
Q. David Bowers: Record mintage: The 1890-CC was minted in large...r quantities than any other Carson City silver dollar. Many were released into circulation in the nineteenth century. Hoard coins: After the Carson City Mint closed down its coinage facilities, quantities of undistributed dollars remained there. Later, many bags were shipped to the San Francisco Mint and to the Treasury Building in Washington, D.C., for storage. In 1942-1943 many bags of 1890-CC dollars were paid out at face value by the San Francisco Mint. Probably two or three bags went to dealers and collectors at the time, and the rest went into circulation in the West, particularly in Nevada.The Treasury Building, directly across the street from the White House, was the repository for millions of Carson City dollars in the early twentieth century. In the early 1930s, several bags of these came out, and from these, hundreds of coins were snapped up by dealers and collectors. In 1941-1942, additional bags were released, after which the payouts slowed for the rest of the decade. In the early and mid-1950s many bags of Uncirculated 1890-CC dollars were released at face value to dealers with connections; a familiar story by now. Steve Ruddel, who was one of the most active dealers in Morgan dollars in quantity, stated that about 50 bags (50, 000 coins) were released from the Treasury Building in 1955, and this was only part of the story.Some of these were also given out in the 1950s from storage in the San Francisco Mint-in effect, a distribution on both coasts. By 1956-1957 they were becoming scarce, but Harry J. Forman handled at least 10 bags during this time. The Treasury stock dwindled, and in the late 1950s an order was given to stop paying them out.During the 1962-1964 Treasury release of dollars, it is unlikely that many 1890-CCs were involved. In 1964, the Treasury took stock of its remaining holdings, by which time only 3, 949 1890-CC dollars remained. These were sold in the 1970s by the General Services Administration. The Redfield hoard is said to have contained about two bags, including many mirror like coins.
