In 1878, the introduction of the Morgan Silver Dollar marked the revival of US silver dollars. The Coinage Act of 1873 had terminated the free coining of silver, inadvertently placing the United States on the gold standard. Consequently, production of silver dollars, particularly the Seated Liberty design series, came to a halt. However, when silver coinage resumed in the $1 series, the US Mint unveiled a distinctive design created by the renowned George T. Morgan.
In 1883, the Carson City Mint produced a mere 1,204,000 Morgan Silver Dollars, once again recording the lowest mintage for circulation. Established in 1870, the Carson City Mint had a specific mission: to mint US circulation coins using locally-sourced silver from Nevada's vast mines and other Western American locations. This reliance on local silver often resulted in considerably lower production figures compared to the Philadelphia, New Orleans, or San Francisco Mints.
Fast forward to the 1960s, a treasure trove of uncirculated Morgan Silver Dollars surfaced in the US Treasury's vaults as Americans exchanged Silver Certificates for silver dollars. This discovery prompted the Government Services Administration to conduct audits and prepare the coins for public auctions in the 1970s and 1980s, reshaping the landscape of coin collecting. Surprisingly, for the 1883 Carson City coins, it was revealed that out of the original 1.204 million, 755,000 had been quietly stored in the US Treasury vaults since their 19th-century production.
The front of the 1883-CC Morgan Silver Dollars showcases Lady Liberty in left-profile relief, adorned with a coronet and wreath crown. On the reverse side, you'll find a depiction of the heraldic eagle, featuring a bald eagle facing forward, clutching the arrows of war and the olive branch of peace.
Today, you can find 1883-CC Morgan Silver Dollar coins available for online purchase at GSI Exchange.