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Lot
2597

1874-CC T$1 MS64 NGC....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 9 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Lustrous 1874-CC Trade Dollar, MS64
1874-CC T$1 MS64 NGC. While the Carson City Mint struck Seated dollars in only minimal quantities, its production of Trade dollars was substantially higher. The mintage of the 1874-CC was 1,373,200 pieces, a record production at that time for the facility. However, the 1874-CC is much scarcer than its mintage suggests, since many pieces were exported, chopmarked, and melted. In Mint State, the 1874-CC is about as rare as the more heralded 1889-CC Morgan silver dollar. Lower demand explains its more modest price when compared to the 1889-CC. A lightly toned, problem-free, and fully lustrous piece, such as the present near-Gem, is highly desirable. Moderate strike softness is noted on the right (facing) claw and on Liberty's hair, but the balance of the devices are boldly defined. Census: 18 in 64, 4 finer (2/09).
Ex: Heritage (8/2006), lot 5331.
From The Joseph C. Thomas Collection.(Registry values: N4719) (NGC ID# 2532, PCGS# 7035)

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