LOT #4329 |
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1873-CC $1 AU55 PCGS....
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Sold on Apr 25, 2013 for:
$55,812.50
Bid Source: HA.com/Live bidder
Description
Choice AU 1873-CC Seated Dollar
End of a Challenging Series
1873-CC $1 AU55 PCGS. The collector who seeks a short but
intense set-building challenge could do worse than the Carson City
run of Seated dollars. Just four issues, the maximum possible, were
produced between the facility's opening in 1870 and the passage of
the Coinage Act of February 12, 1873, which prevented Seated
dollars (as opposed the higher-weight Trade dollars that followed)
from being struck after the first three months of the year. This
run includes two of the five lowest-mintage Seated dollars known in
business-strike format, the 1871-CC (1,376 pieces produced) and the
1873-CC with an output of only 2,300 examples.In The Mint on Carson Street, Rusty Goe explores the 1873-CC dollar and the various claims made about what happened to the coins to account for survivors' rarity. While Goe concludes it is unlikely that the 1873-CC dollar was targeted for destruction after the Coinage Act's passage, he also acknowledges that of the four Carson City Seated dollar issues, the 1873-CC is the most elusive overall, though as a high-grade rarity it is in a virtual tie with the lower-mintage 1871-CC.
Many 1873-CC Seated dollar survivors are impaired, and this is Heritage's first Signature auction offering of an unimpaired example since CSNS 2010. Semireflective surfaces are unsurprising in light of the small mintage, and the surfaces have only a faint hint of gold against a silver base. Softly struck with scattered light abrasions and a few reed marks, though actual wear on the high points is minimal and the overall visual effect is pleasing. Population: 7 in 55, 5 finer (3/13).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 24ZN, PCGS# 6972, Greysheet# 7233)
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
2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184 (go to Auction Home page)
Auction Dates
April, 2013
24th-28th
Wednesday-Sunday
Bids + Registered Phone Bidders: 19
Lot Tracking Activity: N/A
Page Views: 1,673
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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