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
$2999.95, that’s under $188 per coin! And as a special
add value you will receive a custom wood presentation case valued at $49.95 at
no additional charge.
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