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1876-CC T$1 MS60 NGC. Breen-5804. Type One Obverse and

Currency:USD Category:Coins & Paper Money / US Coins Start Price:2,200.00 USD Estimated At:1.00 - 1,000,000.00 USD
1876-CC T$1 MS60 NGC. Breen-5804. Type One Obverse and
<B>1876-CC T$1 MS60 NGC.</B></I> Breen-5804. Type One Obverse and Reverse, Micro CC. The 1876-CC trade dollar is a rare coin in any Mint State grade. This 1876-CC is an example of the rare Breen-5804 variety, with the widely spaced, Micro CC mintmark and the Type One obverse and reverse, although it is perhaps a bit less rare than formerly believed. The distance between the two C's is nearly equal to their combined height. The Breen <I>Encyclopedia</B></I> (1988) lists the Breen-5804 as "Ex. rare," and even Bowers' two-volume silver dollar <I>Encyclopedia</B></I> (1993) calls the coin "quite scarce." Even so, we have offered this variety (not necessarily in Mint State) five times in auction over the past few years.<BR> This example is strictly Mint State, with untoned, reflective surfaces coated by a light gray patina, and <I>there is absolutely no trace of rub on any of the highpoints.</B></I> A planchet flaw around Liberty's ear area has created a small indentation there, and there are a couple of noticeable abrasions, one on Liberty's right (facing) arm and one in the right obverse field, that together with a few smaller abrasions account for the grade. The reverse is choice for the grade and generally problem-free. This is an important and underrated coin for the Trade dollar specialist, one that represents a significant opportunity and should incite spirited bidding. The NGC <I>Census Report</B></I> for the 1876-CC (all varieties) enumerates nine coins in MS60, with 41 finer, while the PCGS <I>Population Report</B></I> lists two examples in MS60, with 25 finer (1/06).