Stack's Bowers Galleries

June 2022 Showcase Auction  –  14 - 18 June 2022

Stack's Bowers Galleries, June 2022 Showcase Auction

US Coins

Part 1: Tu, 14.06.2022, from 7:00 PM CEST
Part 2: We, 15.06.2022, from 7:00 PM CEST
Part 3: We, 15.06.2022, from 11:00 PM CEST
Part 4: Th, 16.06.2022, from 6:00 PM CEST
Part 5: Fr, 17.06.2022, from 6:00 PM CEST
The auction is closed.

Description

1889-CC Morgan Silver Dollar. MS-62 DMPL (PCGS). OGH--Doily.
Offered is a particularly desirable Mint State example of this legendary key date Morgan dollar issue. It is a virtually brilliant coin whose surfaces allow full appreciation of razor sharp striking detail and deeply mirrored fields. Flashy and nicely preserved for the assigned numeric grade. The 1889-CC is the first Carson City Mint Morgan dollar struck since 1885. The Nevada branch mint was closed throughout the intervening years during the first presidency of Grover Cleveland, who backed the gold standard and opposed the free coinage of silver. As the Carson City Mint had come into existence principally to process the large quantities of silver being mined from the nearby Comstock Lode, Cleveland's political positions made the continued operations of the facility unlikely. Cleveland was defeated in his initial re-election bid in 1888, however, paving the way for the reopening of the Carson City Mint the following year. Coinage operations resumed fairly late in 1889, however, giving the facility enough time to strike only 350,000 Morgan silver dollars. Although other CC-Mint Morgans have lower mintages, the 1889-CC was saved in far fewer numbers and ranks as the rarest Carson City Mint issue of the type.
PCGS# 97191. NGC ID: 2559.

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Bidding

Price realized 28'000 USD
Starting price 1 USD
The auction is closed.
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