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Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4138

Estimate: 1 USD
Price realized: 17 500 USD
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Morgan Dollars
1878-CC $1 MS67 NGC. As the initial Carson City mintage of the Morgan dollar design, the 1878-CC attracts a wide cross section of collectors and specialists. At the Superb Gem level, the issue is extremely rare -- a legacy of circumstance at the Carson City Mint, where mint operations were challenged by the remote location, coupled with the need to ship newly minted dollars by rail across long distances, transferred from train to train.
This example showcases smooth, satiny surfaces with bright mint luster and a ring of pale-gold at the rims. The obverse is razor-sharp with only a few minuscule marks, none of any consequence. The reverse is equally sharp except where there is lightness of detail at the talons. We last offered an MS67 specimen in 2014. Prior to that coin, only a handful of Superb Gems have appeared in our auctions in nearly 20 years. Few examples exist -- this 1878-CC Morgan in MS67 is one of just fifteen such coins at PCGS and NGC combined, with none graded finer. Census: 9 in 67, 0 finer (3/17).
From The Siegel Collection.

HID02901242017
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