LOT #3118 |
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1879-CC $1 Capped Die, VAM-3, MS64+ PCGS....
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Sold on Aug 15, 2023 for:
$15,600.00
Bid Source: Internet bidder
Description
1879-CC Capped Die Morgan, MS64+
VAM-3, A Top 100 Variety
1879-CC $1 Capped Die, VAM-3, MS64+ PCGS. A Top 100 Variety.
The 1879-CC Capped Die is one of the most well known VAMs in the
Top 100 list. The distinctive feature is a cluster of die chips
around the mintmark. While once described as die rust, these die
chips have, since the 1960s, been recognized as the remnants of an
effort efface a Large Over Small CC repunching error by the
engraver. In the September 1965 issue of Numismatic Scrapbook
Magazine, Leroy Van Allen wrote:"I think it is due to the large size CC being punched over a small size CC. Some articles in the past have said the capped CC was due to a rusted die. However, I doubt that it was due to a rusted die since no other defects exist except for the filled G on some coins. The rough surface around the CC was probably due to attempts to obliterate the small mint mark. ...
"Since 1879 was the first year large size mint marks were used, what probably happened was than an older 1878 reverse die was modified."
The current Plus-graded near-Gem displays the Capped Die feature well. Frosty luster toned in amber-gold color adorns each side, and the devices are mostly well defined, save for minute softness on the eagle's breast. A few small marks on Liberty's cheek are all that deny a finer grade.
Coin Index Numbers: (NGC ID# 253T, Variety PCGS# 133869, Base PCGS# 7088, Greysheet# 193681)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
2023 August 15 - 20 ANA US Coins Signature® Auction #1364 (go to Auction Home page)
Auction Dates
August, 2023
15th-20th
Tuesday-Sunday
Bids + Registered Phone Bidders: 35
Lot Tracking Activity: N/A
Page Views: 308
Buyer's Premium per Lot:
20% of the successful bid per lot.
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