Wednesday, February 1, 2012

What happened to the carson city mint factory?

i was talking to the my manegar and she collects coins and she was saying that coins are most vaulable if minted at carson city........is that true? and does that factory still excist

What happened to the carson city mint factory?
I have to differ with BD in NM for where a coin is minted sometimes makes a big difference in its value due to a low mintage from that mint. Most coins from the Carson City mint (1870-1893) have low mintage's. The main reason is a lot of the silver from the Com-stock Load went to the San Francisco mint instead. various reasons have been given for this and one is the silver miners did not like the guy running the Carson City mint, that may or may not be the main reason. At one time silver from Colorado was sent there to be made into coins. The mint is now a museum and one can go visit and a visitor used to be able to strike a medal on its old press, that still maybe the case. The Carson City mint was a political mess from the beginning. It is still a thrill to have a silver dollar in ones hand that has those famous letters CC on it. I want to slap it on a bar and buy a bottle of Red Eye.
Reply:The Carson City mint operated from 1870 thru 1893. Mainly while the mines were producing large quantities of precious metals. The mint no longer exist but I believe the building is still standing and is used for other purposes. Generally coins struck at the Carson City mint are worth more because they did not produce coinage in large quantities. There is a basic supply and demand equation going on in relation to the coins.



The key point that makes a coin valuable is not where it was minted but the condition of the coin.

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