The location of the mint mark on a Morgan silver dollar is a key element in identifying its origin and, consequently, its potential value. This small letter indicates where the coin was struck, playing a significant role in numismatic evaluation. For instance, a coin minted in Carson City (CC) is often more valuable than one produced in Philadelphia (no mint mark).
Understanding the significance of the mint mark enhances the collector’s ability to assess a coin’s rarity and historical context. This knowledge is vital for informed investment decisions and a deeper appreciation of the coin’s place in American history. The presence or absence, and the specific letter designating the mint, provides insight into the economic and political landscape during the coin’s production era.