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This specific United States coin, minted at a particular location and year, represents a tangible piece of American history. Struck from silver, it features distinct design elements that categorize it within a broader series of coinage. Its value is derived from a combination of its precious metal content, its condition, its rarity based on mintage figures, and the demand from collectors.

The significance of these coins lies in their embodiment of the late 19th-century American economy and the silver mining boom. Their production reflects government policies related to silver coinage and provides insights into the economic landscape of the era. Furthermore, they serve as a valuable collectible item, offering enthusiasts a connection to the past and a potential investment opportunity due to their increasing scarcity and historical importance.

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The 1882 Carson City minting of the Morgan silver dollar represents a significant instance in American numismatic history. These coins, composed of 90% silver and 10% copper, were produced at the Carson City Mint, a branch of the United States Mint established in Nevada to process silver from the Comstock Lode. The “CC” mintmark, denoting Carson City origin, distinguishes these pieces from those struck at other mints and often contributes to their desirability among collectors. A key aspect to consider is the coin’s grade, affecting its value substantially.

The significance of these silver dollars lies in their connection to the silver mining boom of the late 19th century and the subsequent debates over bimetallism. The Carson City Mint, operating during this period, played a vital role in converting the region’s silver wealth into circulating currency. Examples struck there command a premium due to relatively lower mintage figures compared to other mints, and because many were stored for decades in government vaults as part of the GSA hoard, offering collectors the opportunity to acquire uncirculated specimens. This historical context and inherent scarcity elevate its appeal.

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