Lot 737
1889-CC Morgan Dollar. NGC graded MS-64 Prooflike. 350,000 pieces struck. A gorgeous well struck specimen with full detailed breast feathers. The '89-CC is always included among the key five dates in the series in Mint State condition, and it is the undisputed key among Carson City Morgan silver dollars. This important gleaming prooflike representative is fully brilliant, vivid white, and has the characteristic semi-reflective sheen in the fields. The strike is full on the obverse while the breast feathers of the eagle are also razor sharp as noted. The obverse has a few barely noticeable, well scattered blemishes in the frost of the cheek while a cluster of marks above IN GOD WE TRUST are the most serious disturbance on the reverse (and these too are scarcely worth mentioning.)
Silver Dollar coinage reemerged in 1889 at the Carson City office after a three-year absence. Political considerations in Washington caused the Treasury Department to close the Mint while the Cleveland administration was in a tight-budget mode. Upon reopening (after Cleveland was voted out of office in 1888), there was only time enough to strike 350,000 silver dollars before the new calendar year began. Hence, this date's infrequent appearance at auction, especially in higher grade. (The Carson mint would remain open only until 1893, when it was permanently shut down -- under the second Cleveland administration.) The 1889-CC Morgan Dollar is one of the lowest mintage issues of the entire series. All were struck during the final three months of the year with monthly production of 100,000 coins each in October and November, and 150,000 coins in December. Pop 8; 1 finer in 65 (PCGS # 7191) .
Estimated Value $50,000 - 55,000.
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