NumisBids
  
Heritage World Coin Auctions
Long Beach Signature US Coin Sale 1252  16-17 Feb 2017
View prices realized

Lot 3858

Starting price: 1 USD
Price realized: 24 000 USD
Find similar lots
Share this lot: Share by Email
Morgan Dollars
1889-CC $1 MS62 Deep Mirror Prooflike PCGS. Used only as an assay office and storage facility from 1886-1888, the Carson City Mint was reactivated as a coinage facility in 1889. Unfortunately, necessary repairs to the building and machinery and replacement of key personnel prevented the start of coinage operations until October. Because of the abbreviated striking period, only 350,000 Morgan dollars were produced before the end of the year. The coins circulated heavily in the regional economy and few were saved by collectors or stored away in government vaults. When the GSA sales began in 1972, only one example of the 1889-CC was found in the government stockpile. As a result, the 1889-CC is the rarest Carson City Morgan dollar and one of the most sought-after keys to the series.
The present coin exhibits sharply detailed, frosty design elements that provide startling cameo contrast with the deeply reflective fields. The surfaces show the expected number of minor contact marks for the grade, with a few hints of pale gold toning. Population: 57 in 62 Deep Mirror Prooflike, 65 finer (1/17).
Question about this auction? Contact Heritage World Coin Auctions