LOT #3139 |
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1889-CC $1 MS62 PCGS Secure....
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Sold on Sep 6, 2018 for:
$36,000.00
Bid Source: Internet bidder
Description
1889-CC Morgan Dollar, MS62
Elusive CC-Mint Key
1889-CC $1 MS62 PCGS Secure. The Carson City Mint resumed
coinage operations in 1889, after a three year hiatus. The Mint
required a number of structural repairs and its machinery required
an extensive overhaul before production could begin. Key personnel,
including the superintendent, had to be replaced as well. With all
the delays, the facility was only ready to begin coinage on October
10, 1889. In the short interval between that date and the end of
the year, a small mintage of 350,000 Morgan dollars was
accomplished. A significant number of coins was released into
circulation in the hard-money economy of the region, as the issue
is seen most often in circulated grades today. Coins held in
government storage were probably heavily melted under the
provisions of the Pittman Act in 1918. A small number may have been
released in later years, but only a single specimen was still in
government hands when the GSA sales began in 1972. The 1889-CC is
the most elusive Morgan dollar from the Carson City Mint today.The present coin is an impressive MS62 specimen, with well-detailed design elements and much prooflike reflectivity in the fields. The surfaces are not heavily marked, but the reflective fields magnify every little tick and scrape. Hints of lavender-gray and pale gold toning visit both sides. This coin should find a home in a fine collection of Morgan dollars.(Registry values: P9, N4719)
Coin Index Numbers: (NGC ID# 2559, PCGS# 7190, Greysheet# 7554)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
The Confident Carson City Coin Collector
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
Auction Info
2018 September 6 - 9 Long Beach Expo US Coins Signature Auction - Long Beach #1279 (go to Auction Home page)
Auction Dates
September, 2018
6th-9th
Thursday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 1,233
Buyer's Premium per Lot:
20% of the successful bid per lot.
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