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Lot
4335

1889-CC $1 MS60 NGC....

2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando #1172

 
Sold for: Not Sold Not Sold
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Auction Ended On: Jul 13, 2012
Item Activity: 5 Internet/mail/phone bidders Number of Bidders
438 page views
Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:
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Uncirculated 1889-CC Dollar
Scarce and Valuable in All Grades
1889-CC $1 MS60 NGC. Even though the Carson City Mint reopened in 1889 after a four-year hiatus, it only produced two issues during its "second startup." The Morgan silver dollar saw a production of 350,000 coins with a face value of $350,000, while the 1889-CC Liberty Head double eagle was struck in a much skimpier amount, some 30,945 coins with a face value of $618,900, making the total 1889 Carson City output $968,900. The 1889-CC double eagle is an extremely popular issue within the series. However, many more collectors seek nice examples of the 1889-CC silver dollar, as far more silver dollar collectors exist than double eagle specialists. A large majority of the 1889-CC silver dollars -- perhaps as many as 325,000 coins or so -- were melted after minting, according to Rusty Goe. This example shows lovely mint frost and each side is covered with moderate gray-golden patina. The most detracting element on either side is a carbon spot on the eagle's left (facing) wing.(Registry values: P9, N4719) (NGC ID# 2559, PCGS# 7190)

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