LOT #936 |
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1871-CC $1 AU50 PCGS....
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Sold on Sep 10, 2009 for:
$20,700.00
Bid Source: Internet bidder
Description
Attractive 1871-CC Seated Dollar, AU50
Lower Mintage Than 1794 Silver Dollar
1871-CC $1 AU50 PCGS. Seated Liberty dollars had been minted
for three decades by the time the Carson City Mint began producing
coins in 1870, but the new facility struck the coin every year in
the ensuing four years, until the "Crime of '73" ended the
denomination in favor of the Trade dollar.The mintage of the 1871-CC was the smallest by far of the four issues, a skimpy production that amounted to only 1,376 coins. Rusty Goe points out that high silver prices made customers depositing silver into the Carson City Mint prefer silver bars to silver coinage: A silver dollar, with face value of $1, of course, would contain $1.026 worth of silver. The production of 1,376 pieces, Goe emphasizes, is less than the number of silver dollars produced in 1794, and the lowest of any Seated Liberty, With Motto issue save for the elusive 1873-S, which is unknown in any collection.
This AU50 coin has splendid eye appeal, with pinkish-gray, well-struck surfaces front and back. A touch of high-point wear is in keeping with the grade, of course, but there are few mentionable distractions of any sort. The eagle's shield and wing feathers are well brought up, and all obverse details are well articulated. A nice, collectible example of this rare issue. Population: 5 in 50, 18 finer (8/09).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 24ZH, PCGS# 6967, GSID# 7230)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 1,376
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
2009 September Long Beach, CA Signature US Coin Auction #1129 (go to Auction Home page)
Auction Dates
September, 2009
10th-13th
Thursday-Sunday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 1,692
Buyer's Premium per Lot:
15% of the successful bid per lot.
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