Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Morgan Dollars
1879-CC $1 GSA MS65 PCGS. VAM-4. The obverse has a die chip between the left outer loops of the 8, and two prominent die gouges down from Liberty's nose. The mintmark is shifted left with the first C over the right side of the D in DOLLAR, and the second C below the ribbon knot. VAM-4 is a rather plentiful variety, comparatively speaking, although rarely so fine as the piece offered here.
The Carson City Mint struck 756,000 Morgan dollars in 1879 from a small number of die pairs with just seven varieties enumerated at VAMWorld.com. Adding pressure to the small mintage was the fact that many pieces entered circulation in the Carson City vicinity during the year. Nearly a century later, only a little over four bags remained as the GSA distributed 4,123 1879-CC dollars among the nearly three million Carson City pieces that remained in storage.
The Carson City Mint had 78 employees in 1879, according to the Official Register of the United States. The coiner's department employed 27 of those people, with a single pressman, George McLaughlin, born in Ireland, who earned about $180 per month. Nearly half of the 27 coining department employees were adjusters, all female who earned $75 per month.
This lovely Gem exhibits a sharp strike with frosty silver luster and delicate champagne tones. Trivial luster breaks are evident on the cheek, and minuscule marks are noted in the reverse fields. PCGS has only certified 39 examples of this issue from the GSA hoard, and all but four are lower grades. They have certified three examples as MS65, and one as MS65+, with none finer (11/16).
1879-CC $1 GSA MS65 PCGS. VAM-4. The obverse has a die chip between the left outer loops of the 8, and two prominent die gouges down from Liberty's nose. The mintmark is shifted left with the first C over the right side of the D in DOLLAR, and the second C below the ribbon knot. VAM-4 is a rather plentiful variety, comparatively speaking, although rarely so fine as the piece offered here.
The Carson City Mint struck 756,000 Morgan dollars in 1879 from a small number of die pairs with just seven varieties enumerated at VAMWorld.com. Adding pressure to the small mintage was the fact that many pieces entered circulation in the Carson City vicinity during the year. Nearly a century later, only a little over four bags remained as the GSA distributed 4,123 1879-CC dollars among the nearly three million Carson City pieces that remained in storage.
The Carson City Mint had 78 employees in 1879, according to the Official Register of the United States. The coiner's department employed 27 of those people, with a single pressman, George McLaughlin, born in Ireland, who earned about $180 per month. Nearly half of the 27 coining department employees were adjusters, all female who earned $75 per month.
This lovely Gem exhibits a sharp strike with frosty silver luster and delicate champagne tones. Trivial luster breaks are evident on the cheek, and minuscule marks are noted in the reverse fields. PCGS has only certified 39 examples of this issue from the GSA hoard, and all but four are lower grades. They have certified three examples as MS65, and one as MS65+, with none finer (11/16).