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Lot
10249

1870-CC $1 MS63 PCGS. Variety 2-E. Deep golden-brown and aqua-blue colors drape this unmarked first year Carson City Dolla...

2005 July San Francisco, CA (ANA) Signature Auction #382

 
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Auction Ended On: Jul 28, 2005
Item Activity: 5 Internet/mail/phone bidders
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Location: San Francisco, CA
Description:
Historic Select 1870-CC Dollar
1870-CC $1 MS63 PCGS. Variety 2-E. Deep golden-brown and aqua-blue colors drape this unmarked first year Carson City Dollar. The strike is good, if not completely brought up on Liberty's hair and the left (facing) claw. The 1870-CC Dollar was the first issue produced by the Carson City Mint, which soon concentrated instead on the Half Dollar denomination. Half Dollars were favored since silver depositors received greater face value in return; the tenor of the Half Dollar (but not the Silver Dollar) was reduced in 1853. While just 11,758 pieces were struck, this small mintage is actually much greater than the combined production of the 1871-CC, 1872-CC, and 1873-CC Seated Dollars. Thus, Carson City type collectors are obligated to select a 1870-CC for their holdings. Certified in a green label holder. As of (6/05), PCGS and NGC have certified 12 examples as MS63, with just one piece graded higher, an MS64.
From The Dr. John L. Pellegrini Collection of Liberty Seated Dollars.(#6964)(Registry values: N7079) (NGC ID# 24ZE, PCGS# 6964)

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