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1893-CC $1 MS65 PCGS....
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Description
1893-CC Silver Dollar, MS65
A Coveted Condition Rarity
Impressively Sharp Details
1893-CC $1 MS65 PCGS. The 1893-CC lived one of the more
tragic lives of a Carson City Morgan dollar issue, culminating in
it being one of the scarcer dates from this mint overall and a
major rarity in high grade. Silver dollar coinage at Carson City
was significant in early 1893, yielding 677,000 coins before
production of the denomination was suspended in late May. At the
time, it was unclear if coinage would ever resume, and no
numismatic attention was paid to the final-year Carson City
coinage. Many pieces were paid out into circulated in Western
commerce, leading to a supply of circulated coins for modern-day
collectors. Bags of Mint State pieces remained in vault storage at
the Carson City facility through 1899, before they were transferred
to storage at San Francisco or Washington D.C. From these new
locations, the issue was paid out in small and large quantities
over the course of decades, again garnering little if any
numismatic attention. Coins paid out of San Francisco during the
1920 to 1950s likely wound up in casinos, further adding to the
supply of circulated coins and reducing Mint State numbers.The government's stockpile of Carson City dollars by the bag was ultimately distributed to the numismatic market in the 1970s through the General Services Administration, but by that time only a single example of Carson City's last silver dollar remained in federal storage. A few bag quantities of the date were represented in the Redfield Hoard (likely from the coins paid out in the 1950s), but these coins are low-end Mint State today due to abrasions inflicted by the counting machines used to inventory the hoard. The 1893-CC dollar is a genuine rarity in MS65 and is bordering on unknown any finer.
The present Gem example displays brilliant, radiant mint luster with remarkably well-preserved surfaces. Only the faintest of luster grazes on Liberty's cheek and in the field are noted, and the reverse is largely pristine. Strike sharpness is also a hallmark -- the 1893-CC is famous among the most poorly struck Carson City dollars overall, but this coin is remarkably bold in the centers, showing a level of design sharpness not seen on more than a handful of these coins. Just a handful of 1893-CC dollars are known this fine, and we have only ever handled a single coin that was numerically finer. Population: 17 in 65 (3 in 65+), 1 finer (11/23).(Registry values: P8, N7079)
Coin Index Numbers: (NGC ID# 255S, PCGS# 7222, GSID# 7610)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 677,000
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
2024 January 10 - 14 FUN US Coins Signature® Auction #1371 (go to Auction Home page)
Auction Dates
January, 2024
10th-14th
Wednesday-Sunday
Bids + Registered Phone Bidders: 34
Lot Tracking Activity: N/A
Page Views: 962
Buyer's Premium per Lot:
20% of the successful bid per lot.
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