LOT #4967 |
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1884-CC $1 MS68 PCGS. CAC....
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Sold on Jan 9, 2009 for:
$57,500.00
Bid Source: Internet bidder
Description
Sensational 1884-CC Morgan Dollar, MS68
Tied for Finest PCGS Certified
1884-CC $1 MS68 PCGS. CAC. Ex: Jack Lee 1 / Jack Lee 2. Of
all the Carson City Morgan dollars that were stored for close to a
century between the Nevada Mint and the Treasury, the 1883-CC and
1884-CC issues were by far the most plentiful and remain common
today in grades up to MS65. Anything nicer than that is a rarity,
and is elusive. The present piece, for example, in the lofty MS68
grade, is one of just three similar pieces that PCGS has certified,
with none finer (12/08).Dave Bowers wrote in his Encyclopedia: "The 1884-CC is very common in Mint State. In fact, it is the most common of all Carson City dollars in this regard. Probably a million or more exist. Most are in the range of MS-60 through MS-63, however, many MS64s remain, and MS65 coins are not rare."
Prior to the 1930s, this date was considered a prime rarity, since knowledge of those coins stored in Treasury vaults was generally unavailable to the numismatic community. Of course the relatively low mintage of just over 1 million coins tended to corroborate the perceived rarity. Bowers further explained that "962,638 [pieces], amounting to 84.7% of the original mintage, were still in the hands of the Treasury Department after March 1964, when a halt was called to the great Treasury release that began in October 1962."
A fully brilliant piece, the frosty and vibrant white surfaces have intense luster of virtually perfect quality. The few marks on either side are almost entirely hidden in the devices, and even those require magnification to see.
From The Sanderson Family Collection.(Registry values: P2, N4719)
Coin Index Numbers: (NGC ID# 254M, PCGS# 7152, Greysheet# 7524)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
View all of [The Sanderson Family Collection ]
The Confident Carson City Coin Collector
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
Auction Info
2009 January Orlando, FL FUN Auction #1121 (go to Auction Home page)
Auction Dates
January, 2009
7th-11th
Wednesday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 3,837
Buyer's Premium per Lot:
15% of the successful bid per lot.
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