Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Carson City
Mintage: 296,000
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $16.24 (7/23/2014)
Diameter: 38.1mm
Numismatic specification data provided by Krause Publications NumisMaster.
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1881 CC S$1 MS obverse 1881 CC S$1 MS reverse


  
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Description & Analysis

This issue's entire mintage was struck within the first three months of the year, Rusty Goe, in his The Mint on Carson Street, notes that officials in Philadelphia expected a heightened Morgan dollar mintage this year, judging by the dozens of obverse and reverse dies shipped out to Nevada, but the supply of silver bullion deposits dried up, and after production ceased on April 1, 1881, it would not restart for the rest of the year. Goe comments further on the twist of fate that led to this issue's comparative availability: 'With such a low mintage this date should be scarce and valuable, but it is neither. other than a small quantity released locally, nearly all of the 296,000 1881-CCs remained in the mint vault until 1885. Then, along with nearly 70% of the mintage of silver dollars from 1880 through 1885, they were sent to Treasury facilities in Washington D.C. and San Francisco.'

Goe's comment that the 1881-CC is neither scarce nor valuable is true, though only to a certain point for the latter. Certainly, barring some dramatic supply or demand shock, the six-figure GSA release of 1881-CC Morgan dollars will continue to satisfy collectors well into the future.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 2/10/2014

Click on a price to see historical prices, comparison charts and trends.

1881 CC S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 240 335 360 385 410 410 430 435 450 470 510 525 540 585 630 970 1400 5650 36000 - -
$ 450 475 480 490 515 550 565 590 640 700 1100 2000 8250 -
1881 CC S$1 MS Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - 500 525 545 565 625 760 1450 3250 8000 - - -
$ - - - - 540 570 595 620 700 1000 1800 4900 - -
1881 CC S$1 MS Deep Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 550 600 625 900 1350 3550 9250 79000 - - -
$ - - - - - 600 650 675 1000 1880 5000 13000 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 19376
Low Grade: PrAg
Average Grade: 63
High Grade: 68


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
8/9/2014 MS 66   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 8094
8/9/2014 MS 64   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 9441
8/9/2014 MS 64   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 9442
8/9/2014 MS 64   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 9443
8/9/2014 MS 62   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 8089
8/9/2014 MS 62   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 9440


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/16/1997 PCGS MS 60   Teletrade Auction 0963, 963/Lot# 1671 $119.90
1/15/2005 PCGS MS 66   Heritage Auctions Continuous Internet Auction #65014, 65014/Lot# 24294 $1,656.00
11/3/2005 PCGS MS 66   Deep Prooflike Heritage Auctions 2005 November Dallas, TX Signature Auction #388, 388/Lot# 2291 $6,325.00
11/6/2007 PCGS MS 66   Heritage Auctions 2007 November Dallas, TX US Coin Signature Auction #452, 452/Lot# 1077 $1,092.50
11/12/2007 NGC MS 64   David Lawrence Rare Coins Monday - Internet Auction # 194, 200/Lot# 929 $484.15
2/15/2010 NGC MS 65   Stack's Bowers The March 2010 Baltimore Auction, 33/Lot# 3328 $828.00
9/2/2012 NGC MS 64   Goldberg September 2-5, 2012 The September 2-5, 2012, 70/Lot# 1443 $483.00
10/21/2012 NGC MS 64   GreatCollections GreatCollections Coin Auctions 10/21/2012, 45/Lot# 79875 $513.33
6/3/2013 PCGS VF 25   Bonhams Coins and Medals, 20971/Lot# 2130 $292.00


NGC Registry

NGC Registry Score 1881 CC S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333319830844853253254655660210441444269944851186321499
3333333682343544765325365495717491177186232946944150750
000000368234354476532536549571749117718623294694400
0000003133271401504532541552586896131022803889940300
1881 CC S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333319830844853253254656367411732124381760891552228296
3333333682343544765325365516008401490268845749233197800
000000368234354476532536551600840149026884574923300
000000313327140150453254155763710061807325253311237700
1881 CC S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333319830844853253254658672512393009608992342150739488
33333336823435447653253655963289618294035713713325275000
0000003682343544765325365596328961829403571371332500
000000313327140150453254157267810672419506281851741600
Registry Image Gallery
Grade: MS 67 DPL
Points: 8205
Owner: yatz
 
Grade: MS 68
Points: 6944
Owner: AYWP
 
View the Registry Image Gallery

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