NumisBids
  
Heritage World Coin Auctions
ANA Signature US Coin Sale 1258  2-6 Aug 2017
View prices realized

Lot 4048

Starting price: 1 USD
Price realized: 11 000 USD
Find similar lots
Share this lot: Share by Email
Morgan Dollars
1889-CC $1 AU58 NGC. Although the Carson City Mint continued to act as an assay office and storage facility, coinage operations were shut down for three years after 1885. When the Mint was reactivated in July of 1889, it took some time to repair the facilities and equipment, and hire new staff. Samuel C. Wright, the Carson City undertaker, was appointed Superintendent, but the Mint only became fully operational after October 10, 1889. Because of the short period of operations, only 350,000 Morgan dollars and 31,000 double eagles were struck during the remainder of the year. The coins circulated heavily in the regional economy and few high-quality specimens were saved by contemporary collectors, as there was little numismatic interest in branch mint issues at the time. Although some coins were held in government storage at the time of issue, they were almost all paid out in small quantities over the years and easily absorbed by the collecting community. Today, the 1889-CC is the most elusive Morgan dollar from the Carson City Mint and a sought-after key to the series.
This attractive near-Mint specimen shows just a trace of friction on the high points of the well-detailed design elements and the surfaces are lightly abraded throughout. Natural shades of lavender-gray and golden-tan toning blanket both obverse and reverse, with satiny mint luster underneath.

HID02901242017
Question about this auction? Contact Heritage World Coin Auctions