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Lot
4370

1885-CC $1 MS67 PCGS. CAC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 13 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Colorfully Toned 1885-CC Morgan Dollar
MS67
, Conditionally Scarce
1885-CC $1 MS67 PCGS. CAC. Very few of the 228,000 1885-CC Morgan dollars were apparently placed into circulation. Indeed, Bowers (1993) suggests that less than 30,000 were used in the channels of commerce. Thousands of pieces exist through the Premium Gem grade level, but the certified population drops precipitously in MS67; higher-grade coins are extremely elusive.

The lustrous surfaces of the present Superb Gem display light- to medium-intensity orange-gold, powder-blue, and silver-gray patination on the obverse and soft russet and silver-gray color on the reverse. The design elements are well brought up, though the hair above Liberty's ear is a tad soft. This piece is well-preserved and exhibits excellent eye appeal, making it well deserving of the CAC label. Population: 52 in 67 (1 in 67+), 1 finer (3/13).(Registry values: P4, N2998) (NGC ID# 254S, PCGS# 7160)

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