LOT #4940 |
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1889-CC $1 MS64 Deep Mirror Prooflike NGC....
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Sold on Jan 4, 2018 for:
$78,000.00
Bid Source: Internet bidder
Description
1889-CC Dollar, MS64 Deep Prooflike
High-End Condition Rarity and Key Date
1889-CC $1 MS64 Deep Mirror Prooflike NGC. After a four-year
hiatus, the Carson City Mint was authorized to resume coinage in
July 1889, although operations did not commence until October due
to repairs that needed to be performed on the building and
machinery. Morgan dollar production in the final quarter of the
year reached 350,000 coins. Unlike earlier silver dollar issues
from this mint that were largely dumped into long-term storage and
forgotten, the 1889-CC seems to have been released -- at least in
part -- into circulation. Worn coins are plentiful today, and Mint
State pieces are scarce by comparison.The 1889-CC has long been the condition key of the Carson City Morgans, but its status as one of the key dates of the entire series was established permanently in the 1970s, when no large quantities of this date emerged from the GSA sales. A single GSA coin, sold in the Mixed CC offerings, stood as a glaring reminder of just how challenging high-grade 1889-CC Morgans would continue to be.
A minority of Uncirculated survivors are designated Prooflike or Deep Prooflike, and most such pieces grade no finer than MS63. In MS64, Prooflike 1889-CC Morgans are extremely rare, and only a single finer coin -- an MS65 Prooflike NGC piece -- is known finer. Deep Prooflike pieces in MS64 are also rare and unknown finer (11/17). This near-Gem is brilliant and sharply struck, showing deeply mirrored fields and frost-white devices that produce appreciable cameo contrast. The reverse is nearly pristine, and the obverse is limited in grade only by a few faint grazes in the left field. A beautiful, high-end example of the key to the Carson City Morgan dollars. Census: 12 in 64 Deep Prooflike, 0 finer (11/17).(Registry values: P9, N7079)
Coin Index Numbers: (NGC ID# 2559, PCGS# 97191, Greysheet# 7750)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
2018 January 3 - 8 FUN US Coins Signature Auction - Tampa #1271 (go to Auction Home page)
Auction Dates
January, 2018
3rd-8th
Wednesday-Monday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 1,288
Buyer's Premium per Lot:
20% of the successful bid per lot.
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