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: $12.47 (12/21/2014)
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: 12/11/2014

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

1881 CC S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 240 335 370 395 420 420 450 475 490 510 525 540 560 585 645 1000 1500 5650 36000 - -
$ 450 465 485 495 520 535 550 575 640 780 1100 2000 8250 -
1881 CC S$1 MS Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - 530 555 580 610 650 825 1450 3250 8500 - - -
$ - - - - 545 575 600 635 725 1000 1800 4900 - -
1881 CC S$1 MS Deep Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 585 625 675 900 1350 3550 9250 79000 - - -
$ - - - - - 610 660 725 1000 1880 5000 13000 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 19781
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
1/12/2015 MS 67   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(5), 1216/Lot# 5921
1/12/2015 MS 64   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 10782
1/12/2015 MS 64  Deep Prooflike Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 10790
1/12/2015 MS 64   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 12616
1/12/2015 MS 64  Prooflike Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 12618
1/12/2015 MS 64  Deep Prooflike Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(5), 1216/Lot# 6675


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/17/1996 NGC MS 64   Teletrade Auction 0833, 833/Lot# 724 $207.10
9/6/2009 PCGS MS 63   Goldberg September 6-8, 2009 Pre-Long Beach Coin and Currency Auction, 54/Lot# 2787 $402.50
4/27/2011 PCGS MS 65   Heritage Auctions 2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction Session(7), 1154/Lot# 11195 $747.50
8/11/2011 PCGS MS 66   Prooflike Heritage Auctions 2011 August Chicago Signature US Coin & Platinum Night Auction Session(3), 1158/Lot# 4502 $3,450.00
10/17/2012 PCGS AU 50   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 24851 $334.65
10/21/2012 NGC MS 64   GreatCollections GreatCollections Coin Auctions 10/21/2012, 45/Lot# 79875 $513.33
6/3/2013 NGC MS 63   Prooflike Bonhams Coins and Medals, 20971/Lot# 2131 $585.00
6/16/2013 PCGS MS 65   David Lawrence Rare Coins Internet Auction # 756, 765/Lot# 797 $890.00


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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