1892-CC $1 MS(PCGS#7214)

The Summer 2022 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

7089

Grade

MS66

Price

16,800

Lot Description

Premium Gem 1892-CC Morgan Dollar Condition Rarity 1892-CC Morgan Silver Dollar. MS-66 (NGC). This is a noteworthy MS-66 example of a conditionally challenging issue CC-Mint Morgan dollar issue. It is fully struck with brilliant surfaces that are remarkably smooth. In addition, it is highly lustrous with subtle semi-reflectivity in the fields that enhances an otherwise satiny mint finish. Despite a relatively generous mintage of 1,352,000 pieces, the 1892-CC is one of the more challenging Carson City Mint Morgan dollars to locate in the finer Mint State grades. Quantities were paid out from the San Francisco Mint during the 1920s and, especially, the 1940s and 1950s. Smaller quantities also came out of hiding in the Treasury Department Building during the same era. During the great silver dollar releases of 1962 to 1964, however, few examples of the 1892-CC were still on hand. When the federal government stopped paying out silver dollars in March 1964, its inventory of remaining coins included just one 1892-CC! This is an exceptionally well preserved, premium quality Gem that ranks among the finest certified for the issue. Provenance: From the Jones Collection. NGC Census: 18; 0 finer at this service. PCGS# 7214. NGC ID: 255M. Click here for certification details from NGC. Click here to see Coins in Motion.[“Coins]