1873-CC $1 Seated MS(PCGS#6972)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

拍卖行

Stack's Bowers

批号

1203

等级

XF40

价格

180,614

详细说明

Classic 1873-CC Liberty Seated Dollar Rarity 1873-CC Liberty Seated Silver Dollar. OC-1, the only known dies. Rarity-4+. EF-40 (PCGS). This is a high grade example of a well known key date issue that is highly elusive at all levels of preservation. It will make a great addition to a high grade Liberty Seated Collection. Both sides retain plenty of bold to sharp striking detail that is most impressive on the central devices, including Liberty's portrait on the obverse and the eagle on the reverse. Quite appealing for a lightly circulated CC-Mint Liberty Seated dollar, direct lighting reveals a somewhat glossy texture and lavender and reddish-apricot undertones that point to an old cleaning. Overall, the surfaces display silver and dove gray patina that provides nice eye appeal. A find for advanced collectors of Liberty Seated or Carson City Mint coinage, and sure to see spirited bidding at auction. Although the 1871-CC has a lower mintage (1,376 vs. 2,300 pieces), the final year 1873-CC is the rarest of the four Carson City Mint Liberty Seated dollars. The entire mintage was achieved in just two deliveries: 1,000 coins in January and 1,300 pieces in February. It is presumed that although 2,300 were struck, most were melted. Based upon the ratio of surviving pieces, Dave Bowers, working with R.W. Julian in Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia,1993, estimated that no more than 1,000 reached the channels of circulation, and the number may have been closer to 750. As is the case with 1871-CC, the desirability of the 1873-CC was recognized at an early date, and quite a few were taken from circulation. Otherwise, the coin would be on the "rarest of the rare" list today. As it is, there are very few 1873-CC dollars to be had in any grade, and a great deal of patience is often required to locate one. Various contributors to The Gobrecht Journal have voiced their opinions concerning the rarity of this issue. In March 1977, Ron Severa called this the rarest Liberty Seated dollar in Extremely Fine grade, except for the 1870-S. In July 1982, Donald Vettel noted that the 1873-CC is extremely rare, and that fewer than 50 are known. In March 1983, Weimar W. White wrote that no coins were known in MS-65 grade, fewer than five existed in the MS-60 range, and that totally fewer than 40 pieces were known. In July 1984, John Kroon suggested that 40 to 60 coins survive in various grades. Writing in the 2018 reference Liberty Seated Dollars: A Register of Die Varieties,Dick Osburn and Brian Cushing offer a much more generous estimate of only 100 or so coins extant in all grades. Facts are scarce and the resubmission of expensive and rare coins such as the 1873-CC dollar to third-party services tends to inflate estimates. Provenance: From the Midwest Cabinet. PCGS Population: 10; 31 finer, only three of which are Mint State (MS-65 finest). PCGS# 6972. NGC ID: 24ZN. Click here for certification details from PCGS.