The 1879-CC Morgan Dollar is one of the most sought-after coins among collectors and numismatists. Struck at the Carson City Mint, this silver dollar carries historical significance, rarity, and immense value. But what makes it so special? Why is it considered a collector’s dream? Let’s dive deep into the fascinating world of the 1879-CC Morgan Dollar!
The Birth of the Morgan Dollar Series
Before we get into the specifics of the 1879-CC, it’s important to understand the origin of the Morgan Dollar itself.
Why Was the Morgan Dollar Created?
The Morgan Dollar was introduced in 1878 as part of the Bland-Allison Act. This act required the U.S. Treasury to purchase large amounts of silver and mint them into coins. Designed by George T. Morgan, this coin featured Lady Liberty on the obverse and a majestic eagle on the reverse.
Carson City Mint’s Role in Coin Production
Carson City (CC) was one of the key mints in the late 19th century. However, it had a smaller output compared to Philadelphia, San Francisco, and New Orleans, making its coins rarer and more valuable today.
What Makes the 1879-CC Morgan Dollar Special?
Not all Morgan Dollars are created equal. The 1879-CC variety stands out for several reasons.
1. Limited Mintage
The Carson City Mint only produced 756,000 of these coins, a relatively low number compared to other mints.
2. Two Distinct Varieties
The 1879-CC Morgan Dollar exists in two major varieties:
- Clear CC: The mintmark is well-struck and clearly visible.
- Capped CC: The original CC mintmark was partially over-punched, making it appear blurry or capped.
3. Rarity and Collectibility
Due to the limited production and circulation, finding an 1879-CC Morgan Dollar in high-grade condition is challenging. Many were melted down over time, making the surviving ones even more precious.
Identifying an Authentic 1879-CC Morgan Dollar
If you’re considering buying one, you need to ensure its authenticity.
1. Checking the Mintmark
Look for the “CC” mark below the eagle’s tail on the reverse side.
2. Examining the Coin’s Features
- Weight: It should weigh around 26.73 grams.
- Diameter: 38.1 mm.
- Composition: 90% silver, 10% copper.
- Reeded edge: The edges should have a series of ridges.
3. Getting Professional Grading
To avoid counterfeits, always buy coins that are certified by reputable grading services like PCGS or NGC.
Grading and Value of the 1879-CC Morgan Dollar
The condition of the coin significantly impacts its value. Here’s a breakdown of how much it might be worth:
1. Good (G-4) to Fine (F-12)
- Value: $500 – $1,500
- Description: Heavy wear, details faint but still recognizable.
2. Very Fine (VF-20) to Extremely Fine (EF-40)
- Value: $2,000 – $5,000
- Description: Light wear, design elements clearer.
3. About Uncirculated (AU-50) to Mint State (MS-60+)
- Value: $7,000 – $50,000+
- Description: Minimal wear, sharp details, and original luster present.
How to Buy an 1879-CC Morgan Dollar Safely
Finding a genuine 1879-CC Morgan Dollar requires caution. Here’s how to ensure a safe purchase:
1. Buy from Reputable Dealers
Choose dealers affiliated with ANA (American Numismatic Association) or PCGS (Professional Coin Grading Service).
2. Check for Certification
Certified coins have been authenticated and graded, reducing the risk of buying a counterfeit.
3. Avoid “Too Good to Be True” Deals
If someone offers an 1879-CC Morgan Dollar at an unusually low price, be skeptical.
Caring for Your 1879-CC Morgan Dollar
Once you own this precious coin, proper care is essential.
1. Store in a Protective Holder
Use air-tight holders or slabs to prevent damage.
2. Keep Away from Moisture
Silver coins can tarnish over time. Store them in a dry, cool environment.
3. Avoid Touching the Surface
Handle with gloves to prevent fingerprints or oil damage.
Historical Significance of the 1879-CC Morgan Dollar
Carson City Mint’s coins hold a special place in U.S. history. They were minted during the Wild West era, making them a piece of American heritage.
Connection to the Comstock Lode
The silver used in these coins came from the famous Comstock Lode, one of the richest silver deposits ever discovered.
A Coin from the Old West
Owning an 1879-CC Morgan Dollar is like holding a tangible piece of Wild West history!
Should You Invest in an 1879-CC Morgan Dollar?
If you’re into coin collecting or looking for a smart investment, the 1879-CC Morgan Dollar is a fantastic choice.
Pros:
✅ Rare and valuable ✅ Strong historical significance ✅ High demand among collectors
Cons:
❌ Expensive upfront cost ❌ Risk of counterfeits
Conclusion
The 1879-CC Morgan Dollar is more than just a coin—it’s a piece of history, a collector’s dream, and a smart investment. Whether you’re a seasoned numismatist or a beginner looking to start your collection, this coin is a must-have. Just remember to buy from reputable sources, verify authenticity, and store it safely. Happy collecting!
FAQs
1. Why is the 1879-CC Morgan Dollar so expensive?
It’s rare, has a low mintage, and is highly sought after by collectors.
2. How can I tell if my 1879-CC Morgan Dollar is real?
Look for the “CC” mintmark, check the weight, and get it graded by a professional service like PCGS or NGC.
3. What is the difference between a Clear CC and Capped CC variety?
Clear CC has a sharp mintmark, while Capped CC has a blurred or over-punched mark.
4. Can I still find an 1879-CC Morgan Dollar in circulation?
No, these coins are extremely rare and usually found in private collections or auctions.
5. Is it a good investment to buy an 1879-CC Morgan Dollar?
Yes, due to its rarity and historical value, it’s a solid investment for collectors and numismatists.