'Rare 1889 CC Morgan Silver dollar coin sells for $1,850'

A MORGAN silver dollar coin from 1889 has sold for more than $1,800 online.

The rare coin is named after its designer - US Mint assistant engraver George T. Morgan. It features Liberty on one side and a heraldic eagle on the other. 

Also, the letters “CC,” which stands for the mint location Carson City, is engraved below the eagle on the reverse. 

The mintage of Morgan silver dollar coins lasted from 1878 to 1904. 

And the 1889 year of the coin is one of the rarest ones in the Morgan silver dollar series. 

With an original mintage of around 350,000, it's estimated that only 9,000 remain, according to Austin Rare Coins.

In a recent eBay auction, an 1889 Morgan Silver dollar sold for $1,850 after picking up 33 bids. 

That would mean the dollar coin is now worth nearly 185,000% of its original value.

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Depending on the grade and condition, the silver dollar could be worth much more.

According to USA Coin Book, the coin is worth $1,112 in average condition and as much as $358,846 if in “Uncirculated (MS-65)” condition.

Currently, there are various 1889 Morgan CC dollar coins listed in the thousands on eBay.

Another valuable Morgan dollar coin is one from the year 1893. The San Francisco minted coin sold this year for more than $4,500.

This rare coin could be worth $131,198 to $646,397 if in “Uncirculated (MS+) Mint Condition,” according to USA Coin Book.

Before purchasing coins online, make sure you’re aware of potential fakes.

To avoid this, check the seller’s history and whether or not the coin was certified in the listing.

What is your spare change worth?

Know your dollar coins might not be the only ones that could be worth a serious mint.

You’ll want to check your change for rare Lincoln pennies, half dollars, dimes, nickels, and others because some of these coins sell for thousands as well. 

The most valuable coins are usually those with a low mintage or an error, as they're deemed the most valuable by collectors.

To check out if your coins are worth anything on eBay, search the full name, select the "sold" listing and then toggle the search to "highest value.”

It will give you an idea of the amount of money that the coin is going for.

You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book.

A rare $5 coin sold for $17,877 online. 

Read More on The US Sun

We've explained the VDB Lincoln and 1992 pennies and what makes them so valuable.

Plus, we show you how to find rare coins including ones featuring Lincoln.

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