1889-CC $1 MS (PCGS# 7190)

2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4216
  • Grade:
    MS62
  • Price:
    $27,600.00
Lot Description
1889-CC $1 MS62 PCGS. The 1889-CC is one of the major keys in the Morgan dollar series, and is by far the most elusive Carson City issue. Rusty Goe writes in his book The Mint On Carson Street that, for unknown reasons, approximately 250,000 to 325,000 '89-CC dollars of its already small 350,000 mintage were melted. David Bowers, in his 1993 Silver Dollars reference, opines that when Carson City silver dollars were being paid out from the Cash Room at the Treasury Department in Washington, thousands of all issues 1878 to 1893 were distributed except 1889-CC. Most 1889-CC dollars on the market today are in circulated or lower Mint State grades. The issue becomes very difficult in MS63, extremely challenging in near-Gem and virtually unobtainable any finer. We present in this offering a rather pleasing MS62 example. Its satiny silver-gray surfaces exhibit sharply struck design motifs, including strong detail in the hair over Liberty's ear and on the eagle's breast feathers. A few minute marks barely preclude the attainment of the next highest grade level.
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