Morgan Dollars
1879-CC $1 MS64 Deep Mirror Prooflike PCGS. CAC. Most Uncirculated 1879-CC dollars known today were either dispersed through the GSA sales are were paid out by the Treasury in the 1950s. In each case, several thousand coins were added to the numismatic population. The only other large quantity of the date known is from the Redfield Hoard, which is believed to have contained 400 to 500 '79-CC dollars, per Dave Bowers. Nonetheless, the Mint State population of this issue is far below that of most other Carson City Morgan dollars, which were represented in the aforementioned government payouts and auctions in much greater quantities.
The 1879-CC is particularly scarce in Deep Mirror Prooflike. PCGS has seen only 60 Deep Mirror Prooflike examples of this semikey CC-mint date, more or less evenly distributed through the MS62 to MS64 numeric levels. NGC shows a similar disbursement, although near-Gems are clearly scarcer than the lower-grade coins. Gems are prohibitively rare.
This near-Gem CAC coin offers a bold strike and original, frosty luster on the devices. The fields are deeply mirrored, and both sides showcase stark cameo contrast. A few light abrasions are in keeping with the grade. Population: 20 in 64 (1 in 64+) Deep Mirror Prooflike, 2 finer. CAC: 4 in 64, 0 finer (3/17).
HID02901242017