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    Rare and Razor-Sharp 1889-CC Morgan Dollar, MS64 PCGS

    1889-CC $1 MS64 PCGS. Judging solely by the mintage, the 1889-CC would not appear to be the rarest Carson City Morgan Dollar. After all, the 1881-CC and the 1885-CC both have lower mintages. However, while the latter two issues were released in vast quantities as part of the GSA hoard during the 1970s, only a single 1889-CC Dollar participated in those sales. Either virtually the entire mintage went directly into circulation, or met the furnaces to fulfill the demands of the Pittman Act, which caused to the melting of over 270 million Silver Dollars.
    One reason for the low mintage of the 1889-CC Dollar, other than the millions of San Francisco Mint Dollars already stored unwanted in Treasury vaults, was that the Carson City Mint closed in 1885, and did not reopen until 1889. The Dollars were struck for only part of the year. These circulated extensively, and most survivors are in VF and lower grades. XF and AU examples are scarce, and in high demand from collectors who wish consistent high quality in their sets. Uncirculated 1889-CC Dollars are very rare by the standards of the series, with the great majority of these in bagmarked to Select grades. At the Choice level, this issue is nearly unobtainable, as the 17 pieces in this grade (along with only two in higher grades) undoubtedly reflect several resubmissions, with others tightly held in specialized holdings.
    The present near-Gem is well struck and has pleasing cartwheel luster. The clean surfaces confirm the quality implied by its grade. Wisps of tan patina visit the fields and Liberty's hair curls above the ear. This impressive key date Morgan Dollar will be the centerpiece of even the finest set.

    Coin Index Numbers: (NGC ID# 2559, PCGS# 7190)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper

    View Certification Details from PCGS

    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.

    Auction Info

    Auction Dates
    July, 2003
    26th-28th Saturday-Monday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 687

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $6) per lot.

    Sold on Jul 27, 2003 for: Sign-in or Join (free & quick)
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