Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Carson City
Mintage: 296,000
Catalog: KM-110
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $11.80 (2/10/2016)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

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: 1/5/2016

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1881 CC S$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 260 340 385 405 430 455 475 490 510 540 580 610 675 1050 1600 5850 36500 - -
$ - - - - - 560 590 630 725 1250 2400 9150 -
1881 CC S$1 MS Prooflike
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - 530 600 625 675 850 1550 3250 9250 - - -
$ - - - - - 615 640 725 1000 1800 5750 - -
1881 CC S$1 MS Deep Prooflike
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 625 710 925 1550 3650 8650 60000 - - -
$ - - - - - 650 765 1075 2000 5100 13000 - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 20635
Low Grade: PrAg
Average Grade: 63
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
8/11/2004 PCGS MS 65   Teletrade Auction 1921, 1921/Lot# 1552 $797.50
2/20/2005 PCGS MS 64   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1839 $460.00
4/26/2006 PCGS MS 65   Heritage Auctions 2006 April (CSNS) Signature Auction #404, 404/Lot# 3308 $920.00
1/1/2013 PCGS MS 64   Stack's Bowers The January 2013 Americana Sale, 180/Lot# 14494 $528.75
6/3/2013 PCGS VF 25   Bonhams Coins and Medals, 20971/Lot# 2130 $292.00
6/16/2013 PCGS MS 65   David Lawrence Rare Coins Internet Auction # 756, 765/Lot# 797 $890.00
8/18/2013 NGC MS 65   GreatCollections GreatCollections Coin Auctions 08/18/2013, 88/Lot# 133448 $1,249.59
11/1/2013 NGC MS 66   Heritage Auctions 2013 November 1 - 3 US Coin Signature Auction - New York Session(3), 1191/Lot# 4237 $1,116.25
6/4/2014 PCGS MS 65   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(7), 1206/Lot# 8826 $910.63
10/11/2015 PCGS MS 62   Heritage Auctions Internet Coin Auction Session(2), 131542/Lot# 25616 $446.50


NGC Registry

NGC Registry Score 1881 CC S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base6207458919669971036105110731103112411521173119312191252135717072124403285151186821500
6627949169761010104110581083111011331159118012021230128714741846276055269633150790
0000001058108311101133115911801202123012871474184627605526963300
00000010661093111711431166118612101241132215901985339670211075000
1881 CC S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base663802941102110511103111711381159117311861213124612841333153120873126481788491552528296
709848968103110681108112411451164117711951224125913001399171624333690616111074197820
00000011241145116411771195122412591300139917162433369061611107400
00000011311152116811821204123512711317146519022780425375051330000
1881 CC S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base70585699010811117116611791200121312261239125213031363160921613260499211246115292151039488
75590110201093113311701186120412171230124312691323144517932527383770771134014856275030
000000118612041217123012431269132314451793252738377077113401485600
000000119312091222123512481286134315271977289444159161114351818300
Registry Image Gallery
Grade: MS 67 DPL
Points: 11226
Owner: yatz
 
Grade: MS 68
Points: 9633
Owner: AYWP
 
View the Registry Image Gallery

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