History, Information, and Value of 1882 Morgan Dollar
Value of 1882-CC Morgan Silver Dollar
The Carson City Mint was busy in 1882 and produced 1,133,000 1882-CC Morgan Silver Dollars, the highest production since 1878. In 1964, the Treasury Department held back vast quantities of the 1882-CC, the 1883-CC, and the 1884-CC $1 silver coins and later distributed them to collectors and others. Today, beautiful Mint State pieces can be obtained for a reasonable price. Circulation strike coins are well-struck with beautiful, deep, frosty luster. Prooflike pieces are frequently seen. Because this was a branch mint, there were no proofs issued.
1882-CC $1 Morgans Are Scarce as Circulated Coins But Are Still Worth Less Than UNCs: Circulated examples of this date are not frequently seen at coin shows and auctions, and when found are generally VF to EF or so. AU pieces are hard to locate with any consistency.
The GSA Hoard Made UNCs Plentiful: This date is plentiful in all Mint State grades up to MS-65 though the population thins somewhat above that grade. Bag quantities of this date were available through much of the 20th century, many of them paid out in the early 1960s. In the early 1970s the GSA sold a quantity of the date that amounted to some 53% of the entire mintage!
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1882.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; CC.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.
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