LOT #5491 |
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1889-CC $1 AU58 Prooflike NGC....
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Sold on Jan 7, 2016 for:
Not Sold Description
1889-CC Morgan Dollar, AU58 Prooflike
Limited Mintage, Heavily Melted Issue
1889-CC $1 AU58 Prooflike NGC. After four years of
inactivity the Carson City Mint renewed coining operations in
October 1889, though production was limited to silver dollars and
double eagles. Both issues claim typically low mintages for the
facility, but the 350,000 dollars initially struck was reduced to
somewhere between 25,000 and 100,000 coins after a majority of the
mintage was melted for reasons that remain unknown, according to
Rusty Goe. With such a small quantity of survivors available to the
vast number of Morgan dollar specialists, the 1889-CC is
understandably one of the major keys to the series. It is also a
conditionally challenging issue, seldom available in near-Mint
condition. This is a highly attractive AU58 with flashy Prooflike
fields on each side. The surfaces are lightly toned and both
obverse and reverse are peppered with numerous small
abrasions.(Registry values: P9, N2998)Coin Index Numbers: (NGC ID# 2559, PCGS# 7191, Greysheet# 7555)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz
Melt Value: $11.90
Silver Spot: $14/oz (01-07-2016)
Mintage: 350,000
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
2016 January 6 - 11 FUN US Coins Signature Auction - Tampa #1231 (go to Auction Home page)
Auction Dates
January, 2016
6th-11th
Wednesday-Monday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 775
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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