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

2179

1876-CC T$1 MS62 NGC. CAC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:5,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1876-CC T$1 MS62 NGC. CAC
<B>1876-CC T$1 MS62 NGC. CAC.</B></I> Type One Obverse, Type Two Reverse. In his <I>Silver Dollars and Trade Dollars of the United States</B></I>, Bowers opines of the 1876-CC Trade dollar: "Considering all Mint State grades combined, the 1876-CC is the rarest of all Trade dollars, and even outranks the famous 1878-CC. Any Mint State example of the 1876-CC is a rare prize. It is worth noting that the three coins in John M. Willem's personal reference collection were EF, EF, and AU." Bowers published that avowal in 1993 and, in 2006 made the same statement in his silver dollar guide. While the question of which business strike Trade dollar is the rarest in Mint State grades is debatable, nobody would deny that the 1876-CC is in the top three. Due to the financial reward of having a certified Mint State example, the population data has become artificially high through resubmissions. Even so, NGC has graded a mere 11 coins at MS62 level, with 10 finer (3/08). This sharply struck example has deep, multicolored green, gray, blue, and rose toning over each side.<BR><I>From The Queller Family Collection of Silver Dollars.</B></I><BR><BR><B>Coin Engraver:</B> William Barber<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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