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1879-CC Morgan Dollar. Capped die PCGS MS64

Currency:USD Category:Coins & Paper Money Start Price:4,500.00 USD Estimated At:9,000.00 - 10,000.00 USD
1879-CC Morgan Dollar. Capped die PCGS MS64
This dramatic Mint State 64 specimen of the desirable CC-mint issue boasts striking depth rarely found on a dollar of this issue. Furthermore, the surface has gleaming, silvery to pearl-white radiance elsewhere. The few tiny bagmarks are so slight they require no further discussion, while everything positive can be said about the piece, and then some. There are one or two small marks on the right wing and in the field above the eagle's head, but these are insignificant, all things considered. This piece has a mintmark "CC" that appears as a jumble of letters, the so-called "capped die" variety.

Until the 1950s, 1879-CC dollars were available from dealers (for a price), but they were difficult to find in quantity other than bagmarked Mint State 60. The Redfield hoard, first marketed in 1976-7 under the marketing publicity of "The Year of the Silver Dollar," is said to have had 400 to 500 pieces of the Capped Die variety, nearly all of which were in lower grades, thus heavily bagmarked. The 1879-CC is by far the scarcest Carson City Morgan dollar of the early, 1878-85 date range. All are of the Third Reverse which has a slanted top arrow feather, convex breast on the eagle. The ownership of a fresh appearing MS64 1879-CC dollar like this has always been a point of pride and accomplishment for the collector of the series. (#7088)