LOT Heritage Rare Coin Galleries  /  2004 May (CSNS) Signature Sale #346 - Session 3  / 

8182

1879-CC S$1 MS65 PCGS. The 1879-CC does not

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1879-CC S$1 MS65 PCGS. The 1879-CC does not
<table><tr><td><table><tr><td>1879-CC S$1 MS65 PCGS. The 1879-CC does not appear to have been released into circulation in significant numbers during the late 19th century. Many examples, however, were preserved at both the San Francisco Mint and the Treasury Building in Washington, D.C. The former source seems to have dried up after a few bags were paid out in the early years of World War II. In the early 1950s, it was the turn of the Treasury Department. Such were the quantities paid out that the '79-CC was generally available on the numismatic market through the end of that decade. We do note, however, that this issue has always been more difficult to locate than virtually all other Morgan Dollars from the Carson City Mint. Today, the '79-CC is widely recognized as the rarest CC-mint Silver Dollar of the 1878-1885 era. While we frequently offer Mint State examples in grades up to and including MS64, this is only the third MS65 representative that we have handled in the past year. The luster is full, frosty, and swirling with lovely cartwheel visual effects. There is some modest brightness in the fields, and bold striking definition is noted throughout. Virtually untoned, a few small contact marks are noted on Liberty's cheek. These, however, are much less severe than normally seen, and are entirely typical for the assigned grade. <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. <BR><BR><B>IMPORTANT ANNOUNCEMENT ABOUT RESERVES:</B> Heritage now divulges all reserves on its web site 7 days before every auction. If you want to know whether the reserve on this lot has been met, and if not, what the reserve amount is, please visit this lot page on the HeritageCoin.com web site, or email: bid@HeritageGalleries.com </span></font></td></tr></table></td></tr></table>
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