1880-CC $1 8/7 Reverse of 1878 MS(PCGS#7110)

The Regency Auction 26

Auctioneer

Legend Rare Coin Auctions

Lot Number

33

Grade

MS66+

Price

5,170

Lot Description

FROM THE P.F.M. COLLECTION. An exceptionally HIGH GRADE VAM-7A, a "Hit List 40" variety. A rich whirling luster flows unimpeded on satiny smooth surfaces on both obverse and reverse. Aside from the lightest touch of iridescent gold, this SUPERB coin is untoned and totally brilliant. Sharply struck and remarkably clean, this GEM will delight any Morgan dollar collector. PCGS 12, NGC 4. There are two coins finer, both MS67. The presently offered MS66+ was last sold in August 2012, where our consignor paid $7,638. Prices have come down from their peak of $9,400 realized by two CAC examples in 2014, the current PCGS Price Guide still lists a value of $6,500. Keep in mind that the last MS67 sold for $54,625 in our July 2013 auction. A great coin for any serious collection of Morgan dollar, and we anticipate fierce competition to bring this GEM home. Cert. Number 25148052 PCGS # 7110