Description: Morgan Silver Dollars were produced in Carson City continuously from 1878 to 1885. Then in 1885 the mint shut down due to political reasons*, a Republican President was replaced with a Democrat who closed the Mint. Morgan mintage started again in 1889 and ran until the spring of 1893 when the mint was permanently closed due primarily to the virtually depleted Comstock Lode. After two years of planning Fiji has created the most amazing Morgan set ever offered anywhere. This is a complete thirteen coin Morgan set all in perfect MS70 and what makes it even more incredible we have produced coins for the missing years from 1886, 1887 and 1888! What makes this even more special is that the NGC label of each coin is hand signed by two time former U.S. Mint Director David Ryder. The value here is amazing because the major grading services have graded over 7.6 million Morgan’s with only sixteen coins reaching MS69 and none in MS70! In fact if you could assemble a complete set of Carson City Morgan’s in the finest grade known it would be valued at over 2.5 Million Dollars! There is a worldwide authorized mintage of just 2000 sets and as of this date only 1000 sets have been minted. Your set will have all thirteen Tribute Morgan’s that The Mint issued in the 1800’s and the three coins they should have issued ('86-'88). These are all certified by NGC in the perfect grade of MS70 and hand signed by David Ryder for only $1750.00, that’s under $110.00 per coin! ***The Carson City Mint was closed from 1885 to 1889 for the following reason. From PCGS library: A frequent victim of politics, the Carson City Mint was the subject to periodic budget cuts and threats of closure. A serious blow was dealt to the CC Mint when Grover Cleveland was elected president in November of 1884. The first Democrat to hold this office during the mint's years of operation, his election was correctly seen as a threat to the livelihood of the mint's officers, all of whom were faithful members of the Republican Party. The mint was indeed closed on September 11, 1885 and its employees let go. The mint did not reopen for more than a year, and then only as an assay office. When the election of 1888 sent the Republican Benjamin Harrison to the White House, the Carson City Mint's staff of Democratic political appointees were dispatched and replaced with victorious Republicans. When the new fiscal year began on July 1, 1889, the mint received the necessary funding to resume coining operations. Due to years of idleness, however, the machinery wasn't ready for a couple months and the striking of coins didn't begin until September 9. The highest graded registry set of original Morgan’s would look like this; 1878-CC NGC MS67 - $39,950.00 1879-CC PCGS MS66+ (Sold Jan ’23) - $192,000.00 1880-CC PCGS MS68 - $350,000.00 1881-CC PCGS MS68 (Sold June ’15) - $67,563.00 1882-CC PCGS MS68 (Sold ’04) - $43,700.00 1883-CC PCGS MS68 (Sold Oct ’20) - $51,600.00 1884-CC PCGS MS68+ (Sold June ’15) - $85,188.00 1885-CC MS68+ CAC - $430,000.00 1889-CC PCGS MS68 (Sold July ’13) - $881,250.00 1890-CC PCGS MS66+ - $60,000.00 1891-CC PCGS MS67 - $65,000.00 1892-CC PCGS MS67+ CAC (Sold June ’15) - $135,125.00 1893-CC PCGS MS66 (Sold July ’13) - $161,000.00 Thanks for reading and taking in all the information on this truly once in a lifetime unique set! With a worldwide Mintage of only 2,000 sets, when they are gone, they will never be made again!! Add this amazing set to your collection today!
Price: 1750 USD
Location: Scottsdale, Arizona
End Time: 2024-11-19T21:25:01.000Z
Shipping Cost: 14.95 USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Certification: NGC
Coin: Morgan
Mint Location: United Kingdom
Denomination: $1
Country/Region of Manufacture: Fiji
Circulated/Uncirculated: Uncirculated
Variety: Carson City
Year: 1878
Grade: MS 70
Strike Type: Business
Composition: Silver
Fineness: 0.999