LOT #98573 |
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1873-CC $1 MS61 NGC....
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Description
1873-CC Seated Dollar, MS61
Sought-After Carson City Rarity
Ex: Eliasberg
1873-CC $1 MS61 NGC. Ex: Eliasberg. This boldly struck,
lightly toned 1873-CC Seated dollar exhibits good definition on the
left (facing) claw and on Liberty's hair. The obverse luster is
moderately prooflike, and the frosty seated Liberty creates a mild
cameo effect. The obverse field possesses a few wispy marks, but
they are fewer in number and less severe than is usual for the
grade. Light gray toning graces the left reverse. The left (facing)
wing feathers exhibit minor die doubling, and light mint-made clash
marks are present near Liberty's raised arm and beneath the left
wing. This wide CC reverse die was previously used to strike
1870-CC dollars (reverse D). The combination of rarity, quality,
and pedigree is formidable, making the present piece worthy of the
finest collection of Seated dollars.Population Data (4/15): NGC and PCGS combined show only seven Mint State submissions of this rare issue. In MS61, NGC reports this piece and one other, while PCGS records a third submission. The sole MS62 is at PCGS. There are none in MS62 or MS63 at either service. There is one MS64 at NGC, and the two finest are one MS65 submission each at NGC and PCGS.
Heritage Commentary: Other than the nonexistent 1873-S and the prohibitively rare 1870-S, the 1873-CC is the rarest Seated dollar issue. The tiny mintage of 2,300 pieces nonetheless exceeds that of the 1871-CC, of which only 1,376 pieces were struck. However, the 1873-CC is even more challenging than the 1871-CC, particularly in VF to XF grades. This is likely because of the "Crime of 1873" legislation, which ended production of silver dollars in favor of Trade dollars. Perhaps many 1873-CC Seated dollars were melted, with the bullion reclaimed in 1873-CC Trade dollars. Whatever the case, the 1873-CC Seated dollar is a major key date in the series and among the rarest issues in Mint State.
Provenance: Edward Goldschmidt Collection (New York Stamp & Coin, 4/1895); J.M. Clapp; John H. Clapp; Clapp Estate, to Louis E. Eliasberg, Sr. (1942); Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 2250; ANA Signature (Heritage, 7/2005), lot 10255; purchased from Chris Napolitano (7/2007).(Registry values: N10218)
Coin Index Numbers: (NGC ID# 24ZN, PCGS# 6972, Greysheet# 7233)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz
Mintage: 2,300
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
2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York #1228 (go to Auction Home page)
Auction Dates
May, 2015
12th
Tuesday
Bids + Registered Phone Bidders: 19
Lot Tracking Activity: N/A
Page Views: 1,978
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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