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Lot
5190

1873-CC T$1 MS64 PCGS....

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 3, 2012
Item Activity: 8 Internet/mail/phone bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
Near-Gem 1873-CC Trade Dollar
A Key to the Series
1873-CC T$1 MS64 PCGS. As a transitional year, 1873, besides its status among the most notable in the annals of U.S. numismatics, saw the Seated silver dollar design superseded by the new Trade dollar motif. Accordingly, the 1873-CC silver dollar issues share two designs, one earlier, one later (as do their Philadelphia counterparts; the 1873-S issue lack this distinction, however, as the 1873-S Seated dollar is a reported mintage of 700 pieces but is unknown in any collection).
While the 1873-CC Trade dollar saw a much-larger production than its predecessor -- 124,500 pieces compared to 2,300 -- it today is nonetheless a key to the series, along with the 1876-CC and, to a lesser degree, the 1877-CC. This near-Gem should find compelling collector interest, since most examples of the original mintage were shipped to the Orient. Today this piece is one of four such at PCGS, with a single MS65 finer (6/12). This piece is particularly well-struck, offering frosted mint luster over surfaces that are primarily gray-brilliant with a light golden overlay on each side. A few unobtrusive, small field marks are scattered around, accounting for the grade.
Ex: FUN Signature (Heritage, 1/2007), lot 1072, which brought $46,000.(Registry values: N7079) (NGC ID# 252X, PCGS# 7032)

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