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1872-CC $1 MS60 NGC. The 1872-CC is a rare and highly respected Seated Dollar with only 3,150 pieces produced. The four Ca...

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

 
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Auction Ended On: Jul 28, 2005
Item Activity: 6 Internet/mail/phone bidders
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Location: San Francisco, CA
Description:
Rare Mint State 1872-CC Seated Dollar
1872-CC $1 MS60 NGC. The 1872-CC is a rare and highly respected Seated Dollar with only 3,150 pieces produced. The four Carson City issues are usually compared to each other and evaluations are made on each year's merits relative to the other ones. Such as, "the 1872-CC is the second most 'common' Carson City Seated Dollar, and it is appreciably rarer than the '70-CC in all grades." The fact is, all four Carson City Dollars are rare in the absolute sense and are among the rarest of all Seated Dollars, and terms such as "second most common" only make sense when placed in the context of the series of these four major rarities.
In addition to the 1872-CC being an absolute rarity, it is also a major condition rarity. Only a handful have thus far been graded as Mint State by both services combined. This is a bright, semi-prooflike example, as we are sure all of the pieces were of this issue, since the dies were essentially still new when the last coin was stuck with only 3,150 pieces minted. Very sharply struck throughout, the definition on the eagle's plumage is especially strong and the peripheral stars are well defined for the most part. A light amount of rose-gray patina covers each side with strong mint brilliance in evidence just beneath this light overlay of color. An important bidding opportunity for the Carson City specialist. Population: 2 in 60, 10 finer (6/05).
From The Dr. John L. Pellegrini Collection of Liberty Seated Dollars.(#6969)(Registry values: N7079) (NGC ID# 24ZK, PCGS# 6969)

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