1873-CC $1 Seated MS (PCGS# 6972)


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Lot Description
Medium golden gray with plenty of eye appeal for the grade. Though modestly circulated, no serious marks are present, even under low magnification. One of 2,300 pieces struck in Carson City in the terminal year of the series; while <em>trade dollar</em> production was initiated there in 1873, <em>circulating</em> silver dollar coinage at&nbsp;Nevada's mint would not begin again in earnest&nbsp;until the advent of the Morgan dollar series in 1878. Though not the Carson City Seated dollar with the lowest mintage figure&mdash;that honor goes to the 1871-CC at 1,376 pieces&mdash;the 1873-CC issue is the <strong><em>key&nbsp;date</em></strong> among&nbsp;the four dates of the type produced in Carson City. We note that no single grade listed on the PCGS <em>Population Report</em> for the date, VF-20 through MS-65,&nbsp;shows a quantity of grading events in double digits; indeed, there are fewer than five dozen examples graded within that range,&nbsp;including just <em>three</em> Mint State pieces&mdash;for all we know, the five dozen&nbsp;figure may include resubmissions. When rare dates in the Liberty Seated dollar series are discussed, the 1873-CC rarity usually receives mention. Any collector could do far worse than to have&nbsp;an excellent VF specimen in their silver dollar cabinet. This key date will no doubt spark a hearty round of bidding activity.<br /> <br /> <strong>Numismatic Reflections by Q. David Bowers<br /> </strong>Although the 1873-CC dollar did not have the lowest mintage of the Carson City pieces, today it is significantly rarer than the 1871-CC which did have the lowest mintage. Likely, many of the 1873-CC pieces were melted after the coinage act earlier that year. It goes without saying (but we will say it anyway), that there will be a lot of attention as this crosses the auction block. <iframe src="http://www.youtube.com/embed/74cn9H-yJQc" frameborder="0" width="560" height="349"></iframe>
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