LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

2965

1878-CC T$1 MS63 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:19,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1878-CC T$1 MS63 NGC
<B>1878-CC T$1 MS63 NGC.</B></I> Not only does this issue have the lowest business strike mintage of the series, at 97,000 pieces, but it seems likely that approximately 44,000 of those coins were melted before the end of the year. Bowers (1993) notes that there are probably around 15 to 25 survivors at the MS63 grade level, and that estimate is consistent with the current combined population of 12 pieces at NGC and PCGS. The current offering is a sharply struck coin that only hints at weakness on the upper half of Liberty's head. Fine satiny luster illuminates the carefully preserved surfaces, that show a broad arc of deep charcoal-green toning on the left side of the obverse, and a coating of coppery champagne-gray and cobalt-blue iridescence on the reverse. Surface marks are minimal for the Select Mint State grade. NGC Census: 7 in 63, 7 finer (11/07).<BR><I>From The Rare Coins of New Hampshire Collector Set.</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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