Silver Dollar Blog - No Carson City Morgan Dollars minted from 1886-1888?

Mar 29, 2012

 

What year did Carson City mint Morgan Dollars?

1878-CC
1879-CC
1880-CC
1881-CC
1882-CC
1883-CC
1884-CC
1885-CC
1889-CC
1890-CC
1891-CC
1892-CC
1893-CC

 Why are there no Carson City Morgan Dollars minted from 1886 - 1888?

To start with Superintendent of the Carson City Mint, James Crawford died on March 8th, 1885. The mint decided to close until a new superintendent was found.  Well they found someone to fill the position by April 1st, but on March 28th Director of Mint Horatio C. Burchard ordered the suspension of coinage because of the fiscal balance. There was only $7,200 left  to pay for the next 4 months of minting. Now they were down to the smallest staff possible, and on November 6th, 1885 they finally closed the doors.

But it reopened again on October 1st, 1886 with just enough money to keep the assay office open for the testing of bullion. If they got enough silver in the door they could resume minting. But the mines of Nevada, Comstcok had never received a massive deposit. As was done before the Carson City Mint sent the silver to San Francisco for coinage. 

The Carson City mint closed for two main reasons as stated in The Comprehensive Catalogue and Encyclopedia of U.S. Morgan and Peace Silver Dollars by Leroy Van Allen and A. George Mallis:

"First, the practice of paying for depositions by draft instead of by cash; and second, the collection of a transportation charge from depositors for the cost of transporting refined bullion by express to the San Francisco mint"

When President Benjamin Harrison was elected president the silver supporters cheered! President Harrison was a supporter of the silver and approved the Carson City Mint budget.... They were back on track, but first order of business was to repair the building since it had been out of operation for so long.  Now the Carson City was back with the 1889-CC Morgan Silver Dollar

Photo Source: Library of Congress



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