LOT #3764 |
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1870-CC $1 MS62 PCGS. OC-9, Low R.4....
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Sold on Apr 25, 2019 for:
$22,800.00
Bid Source: Live: Floor bidder
Description
1870-CC Silver Dollar, MS62
Prooflike Fields, Splendid Eye Appeal
1870-CC $1 MS62 PCGS. OC-9, Low R.4. Osburn-Cushing Die
State a/a. To think that 12,462 silver dollars would require nine
die pairs seems to fail the "reasonability test," even if it was
the first year of operations at the Carson City Mint. It stands to
reason that coins were struck on multiple occasions throughout the
year, rather than in a single production run. With each brief
striking period, dies appear to have been freshly polished and the
planchets may have been polished as well, since nearly all 1870-CC
dollars show signs of careful mintage. The few Uncirculated pieces
that exist are nearly always prooflike, and any example certified
MS62 or finer tends to be a showpiece.According to the 2018 Osburn-Cushing reference, the present example comes from the final die pair in the emission sequence. Neither the obverse nor the reverse die was used on any other variety for the year. Attractive dappled-gold toning covers the reflective silver surfaces, with only a few tiny handling marks and a crisp strike throughout. The reverse is narrowly strike doubled, visible at the olive leaves and legends. This is an exceptionally pleasing example of the rare first-year issue, sure to bring strong bids from multiple Seated dollar enthusiasts and Carson City specialists. Population: 8 in 62, 8 finer (3/19).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 24ZE, PCGS# 6964, Greysheet# 7228)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago #1294 (go to Auction Home page)
Auction Dates
April, 2019
25th-28th
Thursday-Sunday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 692
Buyer's Premium per Lot:
20% of the successful bid per lot.
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