Certified Morgan Silver Dollar 1892-CC MS63 NGC

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  • Product ID: 49923
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  • Description:

    The Certified Morgan Silver Dollar 1892-CC MS63 NGC stands as a highly coveted example within the celebrated Morgan dollar series, combining the romance of the Old West with the enduring artistry of late 19th-century American coinage. Struck at the famed Carson City Mint, the 1892-CC Morgan carries the distinctive "CC" mintmark that instantly signals added desirability to collectors. The Morgan dollar series, designed by George T. Morgan, was introduced in 1878 and produced through 1904, then again in 1921. Among all issues, those bearing the Carson City mintmark hold a special allure because of the mint's historic association with the American frontier, silver mining, and limited coin production.

    The 1892-CC Morgan dollar marks one of the final years of the Carson City Mint’s operations, as the mint would close permanently just one year later, in 1893. Production of Morgan dollars at Carson City was never large compared to Philadelphia, San Francisco, or New Orleans, and the 1892-CC is no exception. Only 1,352,000 Morgan dollars were struck at Carson City in 1892, a modest mintage by series standards, making this issue a key target for those seeking a complete set or specializing in Carson City coinage. The combination of low mintage, historical significance, and strong collector demand ensures that the 1892-CC continues to be a cornerstone of serious Morgan dollar collections.

    The obverse of the 1892-CC Morgan Silver Dollar showcases George T. Morgan’s elegant portrayal of Liberty, modeled after Anna Willess Williams, a Philadelphia schoolteacher. Liberty faces left, crowned with a Phrygian cap and adorned with cotton and wheat, symbolizing American agricultural abundance. Surrounding her are thirteen stars representing the original colonies, with the motto “E PLURIBUS UNUM” arching above and the date “1892” positioned at the bottom. On this MS63 example, Liberty’s cheek, forehead, and cap exhibit only minor contact marks, while the fields remain bright and frosty. The strong strike brings out the intricate details in Liberty’s hair and cap, and the overall sharpness enhances the coin’s eye appeal at this desirable Mint State grade.

    The reverse features a magnificently rendered heraldic eagle with wings outstretched, clutching arrows and an olive branch, symbolizing strength and peace. Above the eagle is the inscription “IN GOD WE TRUST,” set in Gothic script, while the phrases “UNITED STATES OF AMERICA” and “ONE DOLLAR” encircle the perimeter. The all-important “CC” mintmark is found just below the wreath, instantly distinguishing the coin as a Carson City issue. In MS63 condition, the eagle’s breast and wing feathers are well-defined, although a touch of softness is typical in the central high points, as is often seen on Carson City strikes. Nevertheless, the coin retains an excellent balance of luster, detail, and overall visual charm, attributes that NGC considered when assigning the MS63 grade.

    The Carson City Mint, located in Nevada, was established in 1870 to process the vast amounts of silver being extracted from the Comstock Lode, one of the richest silver deposits in American history. Coins struck at Carson City, especially silver dollars, are widely celebrated for their historical connection to the Wild West, making them highly collectible beyond their absolute rarity. By the early 1890s, however, the once-booming Comstock Lode was in decline, and the need for a mint in Carson City diminished. As a result, the 1892-CC Morgan dollar represents one of the final chapters of a colorful and romanticized era in American numismatic history, where silver coins were vital to commerce and prosperity in the expanding western territories.

    The mintage of the 1892-CC was low enough to make the coin scarce, yet it was not low enough to elevate it into the ultra-rarity category like the 1893-CC. However, surviving Mint State examples are considerably scarcer than their circulated counterparts, largely because many 1892-CC dollars entered circulation immediately after production. Those that survived in higher grades often came from bags stored in Treasury vaults and later released during the GSA sales of the 1970s. However, the 1892-CC was notably underrepresented in the GSA hoard compared to other Carson City issues, meaning that high-grade examples like this MS63 remain in relatively short supply and are fiercely sought after by Morgan dollar enthusiasts.

    The MS63 grade awarded by NGC signifies a Morgan dollar that is fully uncirculated, exhibiting full mint luster with only moderate marks or hairlines in non-focal areas. On this 1892-CC coin, Liberty’s cheek shows minor contact marks, which are typical for the grade, but the fields and devices retain a bright, frosty appearance. The coin’s surfaces are free from any major abrasions or distracting blemishes, and the overall eye appeal is excellent for a Carson City issue. In hand, the coin exhibits vibrant cartwheel luster, particularly across the fields, and the sharply struck details in Liberty’s hair and the eagle’s wings offer a visual richness that is a hallmark of better-preserved examples.

    The importance of certification by NGC cannot be overstated when dealing with high-value, key-date Morgan dollars like the 1892-CC. With the coin market increasingly driven by authentication and grading assurance, NGC encapsulation confirms the coin’s authenticity, protects it from environmental hazards, and secures its marketability. Collectors can be confident that the MS63 grade is backed by strict industry standards, providing peace of mind and liquidity should they choose to sell or trade the piece in the future. Moreover, a certified MS63 1892-CC is especially desirable because it offers a balance between affordability and premium quality, presenting a high-grade example that remains accessible compared to the sharply escalating prices seen at MS64 and higher grades.

    The Certified Morgan Silver Dollar 1892-CC MS63 NGC embodies the best qualities of Carson City coinage: low mintage, strong historical significance, attractive design, and enduring collector demand. Its sharp strike, bright luster, and strong visual appeal make it a standout example within the broader Morgan series. Owning such a coin is more than simply holding a piece of silver; it is a direct connection to the economic and cultural history of the American West, to a time when silver flowed from Nevada’s mountains and into the hands of merchants, miners, and settlers across the frontier. As time passes and high-grade examples become increasingly scarce, the 1892-CC Morgan dollar in MS63 condition stands as a wise and rewarding acquisition for both passionate collectors and discerning investors alike.

  • Details:
    • Denomination: N/A
    • Year: 1892
    • Diameter: N/A
    • Mint Mark: CC
    • Thickness: N/A
    • Grade: N/A

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