1870-CC $1 MS(PCGS#6964)

Winter 2022 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

5047

Grade

AU58+

Price

13,800

Lot Description

Flashy Near-Mint 1870-CC Dollar 1870-CC Liberty Seated Silver Dollar. OC-8. Rarity-4+. AU-58+ (PCGS). As the single finest circulated 1870-CC silver dollar known to PCGS, the significance of this coin can hardly be overstated. It is a flashy, virtually brilliant piece whose surfaces allow ready appreciation of a semi-prooflike finish. Only on the reverse do we see light toning in silver-gray, which gives way to iridescent champagne-apricot and lilac undertones at direct viewing angles. Striking detail is nearly full with most features sporting razor sharp definition. The reverse die is rotated a few degrees clockwise, although not far enough to qualify this OC-8 example as a Top 30 Variety (as defined by Osburn and Cushing, 2018). The first of only four Carson City Mint Liberty Seated silver dollars, the 1870-CC, with a mintage of 12,462 pieces, is also the most available in today's market. The novelty of these large silver coins with the CC mintmark resulted in a fair number of examples being set aside as keepsakes at the time of issue, as well as being plucked from circulation in later years. In his outstanding reference The Confident Carson City Coin Collector, Volume I(2020), Carson City Mint expert Rusty Goe estimates that 650 to 875 coins are extant in all grades. Most are well worn and grade no finer than VF. The author's estimate for Mint State survivors dwindles to just 23 to 28 pieces. With impressive quality and pleasing eye appeal, this nearly Uncirculated example is an outstanding offering worthy of intense bidder attention. PCGS Population: 1; 19 finer (MS-64 finest). PCGS# 6964. NGC ID: 24ZE. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.