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Dallas Signature US Coin Sale 1253  4-6 Apr 2017
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Lot 15856

Starting price: 1 USD
Price realized: 16 000 USD
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Morgan Dollars
1889-CC $1 AU58 PCGS. The Carson City Mint was used as an assay and storage facility during the 1886-1888 time period. The Mint was scheduled to resume coinage operations in 1889, but extensive repairs were needed and key personnel had to be hired before the re-opening could be accomplished. As a result, no coins were struck until October, and only 350,000 Morgan dollars were produced before year's end. In addition to the low mintage, Rusty Goe notes many examples of the 1889-CC that were held in government storage were later melted, further reducing the supply of collectible specimens. Only one single example of the 1889-CC was offered in the famous GSA sales of the 1970's. Today, the 1889-CC is the rarest Morgan dollar from the Carson City Mint and an important key to the series.
This impressive near-Mint specimen offers sharply detailed design elements, with just a trace of wear on the devices. The surfaces are lightly abraded and show a few hints of greenish-gold toning. Vibrant mint luster adds to the considerable eye appeal.
From The R. Thayer Sheets Yorktown Collection.

HID02901242017
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