Lot 1963
Popular 1889-CC Morgan Dollar. PCGS graded MS-61 PQ. An untoned and refreshingly original specimen with semi-reflective fields. Liberty's device retains some frost and the cheek definition is of much higher quality than the assigned grade of MS-61. There is a diagonal depression to the lower right of the eye which at first glance could be a scratch but on closer inspection appears to be a mint made planchet flaw. Some typical scuffs exist in the lower left obverse field. The entire mood of the obverse is that of a choice uncirculated example. Reverse quality is several points higher than the current grade and is characterized by satiny surfaces and a deeply frosted eagle. Light golden toning is found near the bow and accompanying leaves but the overall appearance of the reverse is blast white. The fields are semi-reflective and the entire reverse has the appearance of a near-gem example.
The 1889-CC is the "key" date of the Morgan Dollar Series and an insatiable level of demand year -in and year-out continues to propel the value of this issue upwards. Only 350,000 1889-CC dollars were produced and the status of this coin is known to every collector and numismatist. Do not miss out on the chance to purchase a fresh and extremely choice example of this famous rarity! Housed in an old PCGS green label, fat letter holder. PCGS has graded 46 in MS-61 with 178 finer (PCGS # 7190) .
Estimated Value $15,000 - 17,000.
The Michael M. Magdic Collection.
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| Realized $19,550 |
