I hope you all had a great weekend! I was pleasantly surprised this morning when I checked the cryptocurrency prices and saw Hive at $0.42. It sure had a nice pump overnight and I'm hoping we can keep the momentum alive. Seeing Hive over forty cents again is a great feeling isn't it?
Today I'm going to continue on with the Silver Gold Stackers Twelve Days of Christmas Challenge. It's to share twelve items you might like to receive for Christmas from your secret Santa, or even under the tree. Thanks to @silverd510 for getting the challenge started. Today I'm up to day ten on my list, so I'm a little behind everyone else I believe. So far I've been putting items on the list that are relatively affordable, except for the 300 gram Death Star coin, but today I'm going bigger!
I have always loved collecting Morgan Silver dollars, I just love the details on the coin itself. The Peace Dollar is prettier, but I still have a soft spot for Morgan. Plus these coins were in use during the days of the wild west and you never know who may have carried that coin around in their pocket or purse! I am most fond of the ones that were produced in Carson City, Nevada; because as a general rule fewer were produced and some of the strikes came out exceptionally beautiful. This is one of those that is just amazing:
From Apmex.com
This is an 1883 Morgan that has been graded by the Professional Coin Grading Service (PCGS) to be a MS66 DMPL. For those who aren't familiar with coins that means mint state 66 out of a possible 70, which would be a perfect coin. It also is a deep mirror proof like (DMPL) coin making it even less common. What that means is the field (or background in layman's terms) is shiny and reflective like a mirror. And you know it's made in Carson City by the "CC" mint mark on the back just above the D and O in dollar. Once graded by PCGS it's sealed in a protective plastic case you can see above.
PCGS tracks the coin values of their graded coins when sold in auctions so you can have an idea what any particular coin should be worth. This one runs in the range of $3,400 to $6,150, you can see where I circled the going price range on the chart below. The listed price on APMEX.com is $3,609. So it would be a somewhat expensive but worth it in my opinion!
From PCGS
Current valuation of Morgan Dollars graded by PCGS
Carson City Mint
The Morgan silver dollar was designed by George T. Morgan in 1878 and was minted from 1878 until 1904, with a short run again in 1921. Production took place in five mints across the country: Philadelphia (no mint mark, New Orleans (O), Denver (D), San Francisco (S), and Carson City (CC). The Carson City, Nevada Mint started production in 1870 due to the discovery of the Comstock Lode of silver just outside of Virginia City, Nevada. The mint was relatively close to the mines and transporting silver was much easier in coin form. It principally produced silver coins although some gold were struck as well. The mint generally made fewer coins than the other mints making the coins scarcer and more expensive today as a result. The Mint was permanently closed in 1893 as silver production was dwindling at the Comstock Lode.
coinsweekly.com
A current view of the Carson City Mint building, now the Nevada State Museum, Carson City
That will wrap up my wish list for day ten. I would love to have that coin! I hope you enjoyed seeing this beautiful coin and learning a little bit of the history of the Carson City Mint. If you have any questions or comments please feel free to leave them below. I would like to thank everyone for all of your support, it is greatly appreciated! Have a great week everyone!
Disclaimer:
I am not a financial advisor and this is not financial advice. Please do your own research before investing your hard earned money in any project or commodity.
References:
https://www.apmex.com/product/101766/1883-cc-morgan-dollar-ms-66-dmpl-pcgs
https://en.wikipedia.org/wiki/Carson_City_Mint
https://www.pcgs.com/prices/detail/morgan-dollar/744/most-active/ms?pn=2
https://en.wikipedia.org/wiki/Morgan_dollar
https://en.wikipedia.org/wiki/Comstock_Lode
DUO token
This token was created by the Hive Onboarding Committee (HOC). It offers curation, dividends, and a tipping bot for those who stake enough tokens. The overall purpose of the token is to stack enough HP to be able to assist the HOC in onboarding and retaining new members to Hive.
Please check out the white paper: https://peakd.com/pimp/@hive-193566/duo-white-paper
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