1889-CC $1 MS (PCGS# 7190)

CSNS08 PN

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    2362
  • Grade:
    MS64
  • Price:
    $54,625.00
Lot Description
1889-CC $1 MS64 PCGS. Morgan dollar specialists are undoubtedly aware of the importance this opportunity presents, while non-specialists are similarly familiar with the rarity of the 1889-CC as a date. Nearly all of the 350,000 coins originally minted were released into circulation were they remained for a long time. Today, those that have survived are usually found in well-worn condition. Existing Mint State coins survived the early years purely as a matter of chance: perhaps a birthday present for a youngster. A few others may have been set aside as a remembrance of some special occasion. Whatever the reason, the number of pieces saved was certainly small. Today, collectors must thank these unknown past custodians. A remarkable Choice Mint State piece, the present coin has been carefully preserved for nearly 120 years since the time it was minted. The surfaces retain their full reflective luster, just shy of prooflike status. The reverse exhibits a suggestion of cameo contrast between the fields and devices. Originally well struck, the design motifs on both sides are exceptionally sharp. Both sides exhibit pale champagne toning over their entire surface, with splashes of golden brown, russet, and cobalt-blue, mostly concentrated near the borders. Population: 29 in 64, 2 finer (3/08). PCGS has also certified eight MS64 PL coins and 15 MS64 DMPL coins, but none in finer grades for either of those categories.
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