The 1893-CC Morgan Silver Dollar is part of the Morgan silver dollar series, which was minted from 1878 to 1921. This coin was made in Carson City and is a special proof (PR) strike. It consists of 90% silver and 10% copper and has a rarity rating of 8, making it extremely hard to find.
Rarity and Value
The 1893-CC proof Morgan dollars are among the rarest in the series, highly sought after by collectors. Only 12 of these coins are known to exist. Because of their rarity, they sell for extremely high prices. For example, one coin graded NGC PR66CAM was sold for $323,125 at a 2013 Stack’s-Bowers auction.
Many collectors consider the 1893-CC proof Morgan dollar one of the finest coins in the series because it combines beauty, historical significance, and rarity. The Carson City Mint, where this coin was made, is famous among coin collectors, adding to its appeal.
History of the 1893-CC Morgan Silver Dollar
The Carson City Mint in Nevada produced 677,000 of these silver dollars in 1893. While this number is not the lowest among branch mints, the 1893-CC is still highly valuable due to its historical importance. This was the last year Morgan dollars were minted in Carson City.
Few uncirculated (mint-condition) examples of this coin remain today due to its age and wear over time. High-quality versions in gem condition can sell for tens of thousands of dollars, showing how rare and valuable they are. Even worn coins from this year still have significant worth.
Coin Specifications
- Designer: George T. Morgan
- Edge: Reeded
- Diameter: 38.10 mm
- Weight: 26.73 grams
- Metal Composition: 90% silver, 10% copper
- Total Minted: 677,000
- Mint Location: Carson City
- Auction Record: $161,000 (MS66 grade, July 18, 2013, Legend Rare Coin Auctions)
Design Features
- Obverse (Front): Features Lady Liberty in the center, surrounded by seven stars on the left and six stars on the right. The words “E PLURIBUS UNUM” are inscribed, and the year 1893 appears at the bottom.
- Reverse (Back): Shows an eagle with outstretched wings, holding arrows and an olive branch. Around the edge, it says “UNITED STATES OF AMERICA – ONE DOLLAR.” The CC mint mark is located above the DO in “DOLLAR.”
Current Market Value
As of June 2024, the value of an 1893-CC Morgan Silver Dollar depends on its condition:
- Circulated (worn condition): $220 – $3,975
- Uncirculated (like new condition): Up to $142,500
Conclusion
The 1893-CC Morgan Silver Dollar is a rare and valuable piece of history. It was the last Morgan dollar struck at the Carson City Mint, which closed in 1893 after the nearby Comstock Lode silver mine was depleted. Because of its final “CC” mint mark and high rarity, this coin remains one of the most desirable Morgan dollars among collectors.
