LOT #5628 |
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1872-CC $1 MS62 PCGS....
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Sold on Apr 24, 2014 for:
$44,062.50
Bid Source: HA.com/Live bidder
Description
1872-CC Seated Dollar, MS62
Absolute and Condition Rarity
Ex: Jack Lee III
1872-CC $1 MS62 PCGS. The 1872-CC is a rare and highly
respected Seated dollar. Only 3,150 pieces were produced. The four
Carson City issues are usually compared to each other and
evaluations are made on each year's merits relative to the other
ones. Such as, "the 1872-CC is the second most 'common' Carson City
Seated dollar, and it is appreciably rarer than the '70-CC in all
grades." The fact is, all four Carson City dollars are rare in the
absolute sense and are among the rarest of all Seated dollars, and
terms such as "second most common" only make sense when placed in
the context of the series of these four major rarities. Rusty Goe
estimates only 250 to 300 coins survive of the 1872-CC in all
grades. Broken down further, a mere 16 to 19 pieces are believed
extant in Uncirculated condition.In addition to the 1872-CC being an absolute rarity, it is also a major condition rarity. Only three other pieces have been so graded by PCGS (NGC has certified two in MS62) with only three finer PCGS examples (3/14). This is a bright, semiprooflike example, not unexpected given the tiny mintage, and also a trait frequently seen on many Seated dollars. Sharply struck throughout, the definition on the eagle's plumage is especially strong and the peripheral stars are completely defined. Just the slightest accent of golden color covers each side with strong mint brilliance in evidence just beneath this light overlay of patina.
Ex: FUN Signature (Heritage, 1/2004), lot 2103; Jack Lee Collection, III / Dallas Signature (Heritage, 11/2005), lot 2230.
From The Collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 24ZK, PCGS# 6969, Greysheet# 7231)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
View all of [The Collection of Donald E. Bently, sold for the benefit of the Bently Foundation ]
Auction Info
2014 April 23 - 27 CSNS US Coin Signature Auction - Chicago #1204 (go to Auction Home page)
Auction Dates
April, 2014
23rd-27th
Wednesday-Sunday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 899
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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