1892

A United States silver coin, minted in 1892 at the Carson City Mint, represents a tangible piece of American history and numismatic interest. The “CC” mint mark denotes its origin, making it a distinct variety of the popular dollar coin series. Its composition consists primarily of silver, adding to its intrinsic worth and collectability.

This particular issue occupies a significant place within the broader context of American coinage due to its relative scarcity, especially in higher grades. The Carson City Mint, operating for only a limited period, produced coinage that is inherently more valuable to collectors. Owning or acquiring this type of coin provides access to a direct link to the silver mining era and the economic landscape of the late 19th century. Its value is driven by factors such as condition, rarity, and historical significance.

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The 1892-O Morgan dollar represents a specific issue within the broader series of United States silver dollars minted from 1878 to 1904, and again in 1921. The “O” mint mark signifies that the coin was struck at the New Orleans Mint. These coins contain approximately 0.7734 troy ounces of silver. The design features Anna Willess Williams as the model for Liberty on the obverse and a bald eagle clutching arrows and an olive branch on the reverse.

Its historical significance stems from its place within the larger context of the silver controversy of the late 19th century, driven by the Bland-Allison Act and later the Sherman Silver Purchase Act. The New Orleans Mint played a crucial role in processing the mandated silver purchases, contributing to the volume of these particular coins in circulation. Collectors value these coins based on factors such as condition, rarity (influenced by mintage figures and survival rates), and the presence of errors. The New Orleans Mint, known for often producing coins of lower strike quality, can impact the value of these pieces.

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The worth of a United States silver coin struck in 1892 at the New Orleans Mint is a complex subject influenced by several factors. Mint mark location (in this case, “O” for New Orleans), condition of the coin, and prevailing market demand are key determinants. Examples exhibiting minimal wear and strong visual appeal command higher prices.

Understanding this monetary piece involves appreciating its historical context, intrinsic metal content, and collectibility. The coin represents a tangible connection to a specific era of American coinage and economic history. Its desirability among numismatists stems from its relative scarcity in certain grades, its design, and the overall interest in silver dollars from the late 19th century. These factors combine to create significant differences in the prices realized for different specimens.

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The worth of a United States silver coin minted in 1892 at the San Francisco mint, specifically a Morgan dollar, is a topic of considerable interest to numismatists and investors. This value is not static and fluctuates based on several key determinants. For example, a coin in circulated condition will command a different price than one in uncirculated, mint-state condition.

Understanding the price of such a coin requires assessing its grade, or condition, which is evaluated using a standardized scale. Factors such as luster, strike, and the presence of imperfections, like scratches or wear, significantly impact the assessed grade. Furthermore, market demand, rarity based on surviving population numbers, and prevailing silver prices at any given time contribute to its overall value. Coins with documented provenance or historical significance often realize higher premiums.

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