1884-CC $10 MS (PCGS#8704)
August 2021 ANA U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 4235
- 等级
- MS62+
- 价格
- 855,154
- 详细说明
- High Condition Census 1884-CC Eagle
A Recent Find
1884-CC Liberty Head Eagle. Winter 1-A, the only known dies. MS-62+ (PCGS).
This phenomenal offering is for a fresh, new-to-market 1884-CC eagle that has skyrocketed to CC#2 for the issue based on the noteworthy MS-62+ grade assigned by PCGS. It is a lovely coin in all regards - original golden-wheat surfaces with a tinge of pale apricot, fully struck design elements, and complete mint luster in a soft satin texture. Exceptionally smooth in hand for both the issue and the assigned grade, a shallow scuff at the end of Liberty's bust truncation is mentioned solely as an identifier to track this highly significant rarity through future market appearances.
The final CC-Mint ten struck prior to 1890, the 1884-CC has a mintage of 9,925 pieces and likely suffered attrition predominantly through domestic circulation in the American West with limited numbers of coins (mostly worn) finding their way to Europe in later years. The example offered here is a notable exception for, while it is a recent repatriation, it was shipped to Europe in Mint State condition. It has come down to us today still fresh and Uncirculated. Writing in the new (2020) reference The Confident Carson City Coin Collector, CC-Mint expert Rusty Goe identifies the Bass specimen in PCGS MS-63 as the finest 1884-CC eagle extant. The CC#2 in the Goe census is the Nevada Collection-Old West Collection coin in PCGS MS-62, although the author was not aware of the present example at the time of his publication. And rightly so, for this coin is making its first appearance in the numismatic market. Interested bidders should take note of the author's observations regarding a future market appearance of either the Bass or Nevada-Old West coins:
"If either the ex: Bass specimen or the ex: Old West specimen were to appear in an auction anytime soon (say, in the early 2020s), the existing price record [for the 1884-CC eagle issue] will topple. Indeed, market participants now have a much better understanding of how elusive 1884-CC eagles are in such high grades. These two coins' current value probably hovers in the $75,000 to $100,000 region."
These observations are just as applicable to the present example, its offering in this sale likely to topple the existing price record for the issue, as Rusty Goe predicts.
PCGS Population: just 1; with a single MS-63 finer.
PCGS# 8704. NGC ID: 266B.
Click here for certification details from PCGS.
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