Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Morgan Dollars
1893-CC $1 MS65 PCGS. The decades-long Morgan dollar series has a number of traditional key dates with low mintages and limited high-grade availability, most famously the 1893-S, 1889-CC, and various other issues from the early 1890s. But collectors of Gem-quality Morgan dollars will encounter a whole different level of key dates: the condition rarities.
The 1893-CC is a major challenge in Gem condition, despite a mintage of 677,000 coins and a plentiful population in low-end Uncirculated grades. There are fewer than two dozen examples known in MS65 and finer. Our Permanent Auction Archives record only 17 previous offerings of a Gem or better 1893-CC dollar, and almost all are from a decade or more ago. In fact, in the last eight years, only a single Condition Census-quality coin has appeared in our auctions. An MS65 NGC coin pedigreed to the ML Moser Collection, it appeared in lot 5308 of our April 2014 Central States Signature sale and realized $70,500. More recently, a CAC-endorsed MS65 PCGS coin in lot 63 of Legend's June 2015 Regency Auction XII, pedigreed to the Coronet Collection, garnered more than $129,000.
This Gem PCGS example ranks with the finest Registry coins currently listed in the PCGS Basic Set Registry. The variety is VAM-2, a minor variety that shows the mintmark tilted to the right. A double set of clash marks next to the eagle's right (facing) wing denote a late die state. The strike is a trifle soft on the hair above Liberty's ear, but the definition is far stronger than is seen on many other examples of the final Carson City issue. Each side is brilliant, showcasing radiant cartwheel luster. A few minor grazes on Liberty's neck are likely all that prevent an even finer grade. Population: 14 in 65, 1 finer (3/17).
HID02901242017
1893-CC $1 MS65 PCGS. The decades-long Morgan dollar series has a number of traditional key dates with low mintages and limited high-grade availability, most famously the 1893-S, 1889-CC, and various other issues from the early 1890s. But collectors of Gem-quality Morgan dollars will encounter a whole different level of key dates: the condition rarities.
The 1893-CC is a major challenge in Gem condition, despite a mintage of 677,000 coins and a plentiful population in low-end Uncirculated grades. There are fewer than two dozen examples known in MS65 and finer. Our Permanent Auction Archives record only 17 previous offerings of a Gem or better 1893-CC dollar, and almost all are from a decade or more ago. In fact, in the last eight years, only a single Condition Census-quality coin has appeared in our auctions. An MS65 NGC coin pedigreed to the ML Moser Collection, it appeared in lot 5308 of our April 2014 Central States Signature sale and realized $70,500. More recently, a CAC-endorsed MS65 PCGS coin in lot 63 of Legend's June 2015 Regency Auction XII, pedigreed to the Coronet Collection, garnered more than $129,000.
This Gem PCGS example ranks with the finest Registry coins currently listed in the PCGS Basic Set Registry. The variety is VAM-2, a minor variety that shows the mintmark tilted to the right. A double set of clash marks next to the eagle's right (facing) wing denote a late die state. The strike is a trifle soft on the hair above Liberty's ear, but the definition is far stronger than is seen on many other examples of the final Carson City issue. Each side is brilliant, showcasing radiant cartwheel luster. A few minor grazes on Liberty's neck are likely all that prevent an even finer grade. Population: 14 in 65, 1 finer (3/17).
HID02901242017