647

Lot 647 - 1873-CC Trade Dollar PCGS MS62

Currency:USD Category:Coins & Paper Money Start Price:8,000.00 USD Estimated At:16,000.00 - 20,000.00 USD
Lot 647 - 1873-CC Trade Dollar PCGS MS62
1873-CC Trade Dollar. Natural dusky gray toning wiht underlying frost. There are a few marks on Liberty's arm and hand; the eagle's leg on the right is somewhat soft. The rarity of the 1873-CC in Mint condition is plain from a review of auction sales over the past two decades. A total of about 230 pieces have been seen in all grades by PCGS and NGC combined. Of these, about 40 are in the lower grades of Mint State (MS60 to MS62). Seventeen examples have been graded MS63, and just seven MS64. The first Trade Dollar from the Carson City Mint, the 1873-CC had a mintage of just 124,500 pieces. The first coins paid out by the Carson mint went to local depositors, but nearly the entire subsequent issue got exported to China where they circulated extensively, many receiving "chopmarks" in the process. (#7032)