Cryptocurrency Q&A Why are Carson City Morgan dollars so expensive?

Why are Carson City Morgan dollars so expensive?

Martino Martino Sun Nov 17 2024 | 6 answers 1500
I'm curious about Carson City Morgan dollars. They seem to be priced much higher than other coins. What is it that makes these particular dollars so expensive? Is it their rarity, historical value, or some other factor? Why are Carson City Morgan dollars so expensive?

6 answers

GwanghwamunPride GwanghwamunPride Tue Nov 19 2024
Despite the large production, only 3,950 of the 1890 Carson City silver dollars have been discovered.

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CryptoMystic CryptoMystic Tue Nov 19 2024
This rarity makes the coins highly valuable.

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TaekwondoMaster TaekwondoMaster Tue Nov 19 2024
The production of Carson City silver dollars peaked in 1891. 2. That year, a total of 2.3 million coins were minted.

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Isabella Isabella Tue Nov 19 2024
Collectors are willing to pay a premium for these coins.

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QuasarPulse QuasarPulse Tue Nov 19 2024
This number is significantly higher than any other year.

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