1879-CC Silver Dollar PCGS MS63 CAC - 1879-CC Morgan $1 PCGS MS63 CAC. This Choice Mint State 1879-CC Morgan Dollar has mainly light violet and gold toning with hints of blue at the periphery. The gold and blue colors are more prominent on the reverse. The presence of these colors attests to the coins originality. The surfaces are clean for the grade with no abrasion marks that are so severe to merit individual description. The strike is above average with some detail in the hair above the ear and on the eagles breast. The CAC sticker confirms that coin is a premium quality piece and fully deserves the grade assigned.

George T. Morgan designed the Morgan silver dollar, which was issued every year from 1878 to 1904 and then again in 1921. Hundreds of millions of Morgan silver dollars were saved in bags of 1,000 each, in bank vaults because the federal government created artificial demand for them to satisfy the Western silver interests. Some were melted in 1918, but large quantities remained in bank vaults and were later bought by investors and collectors. Because many millions of Morgan silver dollars exist today in the hands of the public, it has become the most widely collected coin of its era.

In the late 1870s a group of silver mine owners convinced Senator William Allison (Republican from Iowa) and Representative Richard Bland (Democrat from Missouri) to support a proposal for a new silver dollar. After much negotiation and intense lobbying by the silver industry, Bland and Allison introduced a bill to resume silver coinage, which had been stopped earlier. Despite the veto of President Rutherford B. Hayes, the Bland-Allison Act became law in February, 1878. It required that the Treasury buy a minimum of two million dollars a month of domestic silver to be coined into dollars. It also gave the silver dollar legal tender status.

These became the dollars designed by George T. Morgan. The act attempted to keep silver at artificially high levels. Large quantities of Morgan Dollars were minted, but they did not circulate well and were kept in Treasury storage vaults, which accounts for their availability today in mint state grades. In 1904 production was halted because the supply of bullion was depleted. In 1918 the Pittman Act provided for the return of the Morgan dollar. It made its final appearance in 1921.

When he applied to the Mint for the position of Assistant Engraver, Morgan wrote explaining his previous experiences: I am familiar with the engraving of coin dies, having for several years, assisted Messrs. J.S. & A.B. Wyon. I think I may say that I have a good knowledge of Design & Modeling. I served an apprenticeship to the Die Sinking at Birmingham. From Birmingham School of Art I successfully competed for a Scholarship at South Kensington during my Studentship I obtained Medals & Prizes for Models of Heads from Life, Figures from Life & Antique Heads from Photographs and Flowers from nature. I believe it is not usual for an Engraver to have a practical knowledge of Bronzing. Fortunately I have knowledge of this art and could in a short time so instruct an apt scholar that he would be able to successfully bronze a medal.

Morgans design for the dollar shows a close head of Liberty in profile facing left. She wears a headband inscribed LIBERTY. In her hair are cotton, corn, wheat, and tobacco. She wears a modified Phrygian cap and is surrounded with the motto E PLURIBUS UNUM, thirteen stars (seven left and six right), and the date. The reverse shows an eagle with wings raised looking left. In its talons are arrows and olive branch, symbols of preparedness and peace. A wreath is below and the motto IN GOD WE TRUST is above. Except for the eagles wing tips, UNITED STATES OF AMERICA and ONE DOLLAR circumscribe the design. The mintmark is below the wreath and above the denomination.

As of March 2013, CAC has confirmed 47 1879-CC Morgan Dollars at the MS63 grade level.