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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5738

Starting price: 1 USD
Price realized: 28 000 USD
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Morgan Dollars
1879-CC $1 MS65+ PCGS. CAC. For practical collecting purposes, none of the Carson City issues in the Morgan dollar series are particularly difficult to acquire in circulated condition, although the 1889-CC is far more expensive than its counterparts. Cross over into Mint State and little changes, although a few dates become noticeably more challenging to locate in eye-appealing condition. Among these is the 1879-CC. This is the second-scarcest issue in Uncirculated condition overall, and in MS65, only the 1889-CC and 1893-CC are rarer. The 1879-CC, in high grade, is sometimes referred to as "the other Carson City key."
The present coin stands apart from its peers with a Plus designation and a CAC green label -- both rare sights on Gem examples. PCGS has Plus-graded only 10 Gems, and there are only three MS66 pieces finer at that service (11/16). This example boasts frosty original mint luster than grows on the viewer with each passing moment. Smoky lavender-gold toning graces the obverse, while the reverse yields deeper sun-orange and lavender-pink color. Minor softness on the eagle's breast and talons is an afterthought noticed when studied with a loupe. A few faint grazes on each side serve only as a reminder of just how thick and frosty the luster is. CAC: 32 in 65, 0 finer (11/16).
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