LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2133

1872-CC $1 MS64 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:28,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1872-CC $1 MS64 NGC
<B>1872-CC $1 MS64 NGC.</B></I> Only four issues of the Liberty Seated silver dollar were produced at the Carson City Mint, from 1870 through 1873. All four dates are scarce, with the final year 1873-CC being the rarest. The '72-CC is the third-rarest, and had a tiny original mintage of 3,150 pieces. In 1985, Weimar W. White estimated that about 75 examples of this date still existed in circulated grades, with approximately 15 pieces in MS60-63, and only 1 or 2 coins in MS65. Rusty Goe was more optimistic in his 2003 publication "The Mint On Carson Street", where he stated: "Regardless what happened to them long ago, it appears that no more than 10% of the original mintage survived to the early years of the 21st century." Later, on the same page, Goe notes that: "There are a fair amount of Uncirculated specimens for such a rare date, although it is evident that Gem quality examples are prohibitively scarce." <BR> As far as the two major grading companies are concerned, the current offering represents one of just four coins that have been graded at MS64: all by NGC. Only two pieces have been graded finer, both at MS65 (one apiece by PCGS and NGC), as of March 2008.<BR> This piece is well struck and impressively preserved, with a reeding mark noted in the field area just below GOD, on the upper reverse, that serves as a helpful pedigree marker. It was offered as part of the noteworthy R.A. Carson Collection of Carson City coins (Bowers and Ruddy, June 1976), where it was described as: "Choice Brilliant Uncirculated with prooflike surfaces. Beautiful subtle light lilac and lavender toning. An absolutely unbelievable coin; probably set aside as a presentation piece at the time of issue. A numismatic classic. An 1872-CC dollar of this quality may never come your way again." More than 30 years later, this assessment still seems valid.<BR><I>Ex: George O. Walton Collection (Stack's, 6/63), lot 1909; R.A. Carson Collection of Carson City coinage (Bowers and Ruddy, 6/76), lot 93.<BR>From The Queller Family Collection of Silver Dollars.</B></I><BR><BR><B>Coin Engraver:</B> Christian Gobrecht<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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