The value of an 1889-CC Morgan silver dollar varies dramatically based on its physical condition, or grade. This particular coin, minted in Carson City, is a well-known key date in the Morgan dollar series due to its low mintage of 350,000 and the fact that a large portion was melted down under the 1918 Pittman Act, making surviving examples exceptionally rare and valuable to collectors.
In circulated, lower-grade conditions, the coin commands a significant premium. For a coin in "Good" condition, the value is generally between $875 and $978. As the condition improves, the price increases substantially. A "Very Good" example can be valued between $1,250 and $1,475, while a "Fine" grade coin is typically worth between $2,100 and $2,600. In "Very Fine" condition, the value often falls in the range of $3,500 to $4,700.
The price escalates sharply for higher-grade, uncirculated specimens. An "About Uncirculated" coin can be worth from $16,500 to over $24,000. For Mint State (MS) examples that have never been in circulation, the values are exceptionally high. A low-end Mint State coin can start in the tens of thousands of dollars, while a premium quality MS-65 example is valued at over $500,000. The highest-grade examples are exceedingly rare, with an MS-68 specimen having sold for $912,000 at auction.
Due to these significant variations in value based on subtle differences in condition, it is highly recommended to have an 1889-CC silver dollar professionally authenticated and graded to determine its precise worth.
