Price: P.O.R - - SOLD - 1/12/2011* Free Shipping and Insurance for coins at $10K or above.
1880-CC Morgan Silver Dollar (1880-CC S$1 Morgan) PCGS MS65 CAC. This frosty white, lustrous Carson City Morgan Dollar has just a touch of light tan toning in the central portions of both sides. There are a couple of minor nicks on Libertys face and in the obverse field that keep the coin from an even higher mint state grade. The MS65 grade is confirmed by CAC. The strike is average for the obverse with weakness on the hair over the ear and somewhat stronger on the reverse. The scuff marks on the obverse left quadrant are on the holder not the coin.
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. These became the dollars designed by George T. Morgan.
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