LOT Heritage Rare Coin Galleries  /  2006 October Dallas Signature Coin Auction #428  / 

1308

1880-CC S$1 MS67 NGC. The 1880-CC is a Carson City dol

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1880-CC S$1 MS67 NGC. The 1880-CC is a Carson City dol
<B>1880-CC<img border='0' src='http://www.heritagecoins.com/images/star.gif' width=10 height=10>$1> MS67 NGC.</B></I> The 1880-CC is a Carson City dollar that has even more appeal than other common dates from this mint. The mintage is impressively low with just over half a million pieces struck, a large percentage of the original mintage exists today in Uncirculated condition, there are two reverse types, and overdates are plentiful. The 1880-CC was available from the Treasury on an occasional basis from 1938 until the late 1970s. These last coins are the GSA holdings and most likely account for this coin. While purely speculation, we base that statement on the presence of the wide arc of sea-green and russet toning at the bottom of the obverse of this coin. The GSA coins were in canvas bags in the Treasury Department for many years and a substantial number of them acquired "bag toning" from decades-long exposure to the sulphur in the canvas bag. As an interesting sidenote, such "tarnished" coins were deemed by the GSA as circulated and actually sold at a significant discount over their all-brilliant counterparts.<BR> This piece is extraordinarily clean for a CC dollar with no mentionable marks on either side. Brilliant aside from the above-mentioned arc of toning. The highpoints are not quite fully struck, and close examination with a magnifier shows faint evidence of roller marks in these areas which is quite unusual on a Carson City dollar. A magnifier also shows the presence of a 7 beneath the second 8 in the date. Census: 11 in 67, 0 finer (9/06).
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