1889-CC $1 MS (PCGS# 7190)

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5660
  • Grade:
    MS61
  • Price:
    $23,128.00
Lot Description
1889-CC $1 MS61 PCGS. The high quality and low mintage of the 1889-CC Morgan dollars reflect both a new chief coiner and the reopening of the Carson City Mint after a four-year hiatus. The Mint reopened in July 1889, but the first 100,000 silver dollars were produced only in October, after considerable cleanup, by the new coiner Charles H. Colburn, who clearly took pride in his remarkable work. Nonetheless, only 350,000 silver dollars would fall from the dies before year-end. Since today the few Mint State examples at or near the Gem level are expensive and all but unobtainable, most collectors eagerly pursue lower-Mint State specimens. This MS61 coin displays satiny silver-gray surfaces with a few minor, undistracting contact marks consistent with the grade yet unworthy of singular mention. From The New Hope Collection.
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