1889-CC $1 MS (PCGS# 7190)

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    7319
  • Grade:
    AU58
  • Price:
    $12,650.00
Lot Description
1889-CC $1 AU58 NGC. The low mintage of the 1889 Carson City silver dollars is partially a function of the sporadic schedule the Nevada facility kept during the last decades of the 19th century. The Carson City Mint had last produced coins in 1885, closing for coinage operations after the sudden death of Mint Superintendent James Crawford on March 8 of that year, at the age of 52. The Carson City Mint would stay closed not a day or a week, nor yet a month. Due to a variety of factors, the shutdown would end up extending for four years. After reopening in July 1889, Carson City would again strike silver dollars under a newly appointed coiner, Charles H. Colburn. Although the original mintage was reported as 350,000 pieces, Rusty Goe reports in The Mint on Carson Street that "for unknown reasons, approximately 250,000 to 325,000 1889-CC silver dollars were eventually melted, securing this date as one of the keys to a set of Morgan dollars." This piece is sure to be contested by many collectors as it has so many positive attributes. Each side is brilliant, and the fields are semireflective, a trait often seen on 1889-CC dollars. The striking details are strong throughout, and there is just the faintest trace of friction over the high points. Each side is remarkably free from abrasions.
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