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The Carson City Mint was built to facilitate the coining of silver from the Comstock Lode, a large deposit of silver ore. After a peak in about 1877, the Comstock Lode rapidly saw declining production as most of the silver was already mined away, by 1893 when the Carson City Mint closed in 1893, most of the silver from the Comstock Lode was already gone, thus it didn't make much sense to keep the Carson City Mint open (the San Francisco Mint provided the coinage for most of the west and the Philadelphia mint provided the coinage for the eastern half of the country) so the Carson City Mint was closed and thus production of dollar coins there stopped.
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How many were minted in 1885 Carson City?
In 1885 the US mint at Carson City, Nevada struck 228,000 silver Morgan Dollars. Dollars were the only coins being struck at Carson City in 1885 although dimes, quarters and half dollars had been minted there in prior years.
Are all Morgan dollars made of silver?
Yes. All Morgan silver dollars were made with 90% silver and 10% copper.
How many ounces of silver in an old silver dollar?
There are .7736 troy ounces in United States silver dollars (Morgan, Peace silver dollars). That worked out to the price of silver being fixed at $1.29/ounce. Troy ounces are heavier than avoirdupois ounces (31.1g vs. ~28g).
What is the history of the Morgan silver dollars?
I love the history of Morgan Dollar starting in 1878 with the Bland-Allison Act that required the Treasury purchase a grand total of 2-4 million dollars of silver every month. By 1890 the government passed a new act called the Sherman Silver Purchase Act now the treasury had to purchase $4,500,000 ounces of silver every month. A lot of that silver found a home sitting in the treasury vaults instead of being minted. So in 1898 congress approved yet another bill that required that silver be minted. By 1904 the storage of silver had run out and so did the time for the Morgan Dollar. But wait in 1918 the Pittman Act was passed this authorized the melting of up to 350,000,000 silver dollars. One provision in the act stated the replacement of all silver dollars melted thus we have one more year in 1921 that the Morgan Dollar was minted. That same year the Peace dollar was minted.
What is a 1921e silver dollar coin worth?
In 1921 Silver Dollars were made in both Morgan & Peace(the only year this occured) the Peace being much more valuable,this being said there is no such mint mark as an "e" I don't know what you are looking at. Hope this was helpful Jack
What is the value of an 1869-O Morgan silver dollar coin?
Morgan Dollars were not minted until 1878. In 1869 Seated Liberty dollars were being struck at Philadelphia. The circluated values for this coin are shown in the following list: Circulated Grades..........1869 G4.................................$250 F12................................$350 EF40..............................$575 AU55..............................$1,500
What years did walker half dollars start being silver?
walker half dollars were minted from 1916 to 1947. they were always made of 90% silver
How much is 1912 silver dollar worth?
There were no US general circulation silver dollars released in 1912, the Morgan dollar stopped being issued in 1904 (and wouldn't resume production until 1921 the same year that it was later discontinued and the Peace Dollar was first struck)
When did the us mint stop producing Silver half dollars?
1964 all us coins stopped being produced with silver.
When did the US stop minting half dollars in silver?
1964 was the last year the mint minted Half Dollars in 90% silver. Then from 1965 to 1970 they were struck in 40% silver. Currently Half dollars contain no silver. They are made of a copper-nickel clad composition. Starting in 1992 the mint started making 90% silver proofs. In 1964 dimes, quarters and dollars were also stopped being made in 90% silver.
What is the value of an BU 1878 CC Morgan Silver Dollar?
The BU designation does not mean much. It is best to have coins professionally graded. That being said, the Carson City silver dollars are a great mint and that is a good year. A "brilliant uncirculated" could mean a variety of grades, but should qualify for at least a MS60 and go up from there. An MS60 can fetch $210.00 and an MS65 can go for $1810.00 so you see, it's best to get the coin "slabbed," or graded by a professional grading service. This will cost about $100.00 and can be done through your local coin shop.
What is the homogeneity of Good Money?
One dollar is the same as any other dollar. As opposed to silver dollars being worth more than paper dollars.
