1889-CC Morgan Silver Dollar. MS-62 (PCGS). CAC.；Sharply struck with soft satin luster, this is a remarkably well preserved and attractive example of this key date Carson City Mint issue. Toning in blended pinkish-silver and light mauve patina is noted both sides. Although it does not have the lowest mintage among CC-Mint Morgan dollars -- that honor goes to the 1885-CC with 228,000 pieces produced -- the 1889-CC is the rarest Carson City silver dollar of this type. In addition to a small mintage of 350,000 coins, the 1889-CC suffered an unusually high rate of attrition. While issues such as the 1881-CC, 1882-CC and 1883-CC survived in large numbers in federal storage, only a few 1,000-coin bags of the 1889-CC emerged from government vaults in the decades leading up to the 1960s. By the time the Treasury Department stopped paying out silver dollars in 1964 only a single 1889-CC remained to be dispersed in the GSA sales of 1972 to 1980. What happened to most examples is unknown, although it is likely that much of the mintage was melted, probably as part of the 270,232,722 silver dollars destroyed pursuant to the terms of the 1918 Pittman Act. Given the scarcity of circulated survivors, which are rarer than those of the 1893-S, the 1889-CC does not appear to have been released into circulation to any great extent. Mint State coins are rare by Morgan dollar standards. We anticipate strong competition for the present example as it finds its way into a new collection.；
