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Lot 0087 1879-CC Morgan $1. Capped Die PCGS MS64

Currency:USD Category:Coins & Paper Money Start Price:3,750.00 USD Estimated At:7,500.00 - 10,000.00 USD
Lot 0087 1879-CC Morgan $1. Capped Die PCGS MS64
A few light bagmarks on the cheek define the quality one sees in a coin graded MS64. The 1879-CC is the scarcest of the 1878-1885 Carson City Mint dates in the Morgan Dollar series. A miserly 756,000 coins were delivered, and the sales conducted by the General Services Administration in the early 1970s resulted in the dispersal of only 4,123 of these. Many (most?) it must be presumed, were melted shortly after the turn of the 20th century. The GSA coins, of which is may be an example, like most other extant '79-CC Dollars at the Mint State level, graded predominantly MS60-62. On the other hand, the representative that we are offering here is more than smooth enough to justify the Choice BU or "Mint State 64" designation. Thick, rich mint frost caps in white both sides like the snows of Kilimanjaro as it thins to more modest satin frost further down into the fields. The strike is pleasingly sharp for the type, and the otherwise swirling highlights yield to a swath of heavy mint frost over Liberty's cheek and throughout the wing and body features of the eagle. There are no singularly disturbing or noticeable complications, either, such as tarnish or rim problems.