Stack's Bowers Galleries

August 2023 Global Showcase Auction  –  14 - 21 August 2023

Stack's Bowers Galleries, August 2023 Global Showcase Auction

Live Sessions: Ancient and World Coins, Currency

Part A: Mo, 14.08.2023, from 6:00 PM CEST
Part B: Tu, 15.08.2023, from 6:00 PM CEST
Part D: Tu, 15.08.2023, from 6:00 PM CEST
Part 2: Tu, 15.08.2023, from 9:00 PM CEST
Part C: Tu, 15.08.2023, from 10:00 PM CEST
Part 3: We, 16.08.2023, from 5:00 PM CEST
Part 4: We, 16.08.2023, from 7:00 PM CEST
Part 5: We, 16.08.2023, from 10:00 PM CEST
Part 6: Th, 17.08.2023, from 12:00 AM CEST
Part E: Th, 17.08.2023, from 6:00 PM CEST
Part 7: Th, 17.08.2023, from 8:00 PM CEST
Part 8: Fr, 18.08.2023, from 5:00 PM CEST
Part 9: Sa, 19.08.2023, from 1:00 AM CEST
Part 10: Sa, 19.08.2023, from 5:00 PM CEST
Part F: Mo, 21.08.2023, from 4:00 PM CEST
The auction is closed.

Description

1889-CC Morgan Silver Dollar. MS-63 (PCGS).
An exceptional example of one of the most eagerly sought issues in the ever-popular Morgan dollar series. Faintly semi-reflective fields support frosty, sharply struck design elements. Both sides exhibit wisps of iridescent sandy-rose toning to a base of light antique silver patina. Impressively smooth for both the issue and the assigned grade, and eagerly awaiting inclusion in a top flight Morgan dollar set or collection of CC-Mint coinage. The 1889-CC is the first Carson City Mint Morgan dollar struck since 1885. The Nevada branch mint was actually closed throughout the intervening years during the first presidency of Grover Cleveland, who backed the gold standard and, to the dismay of western mine owners, 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, today, ranks as the rarest Carson City Mint issue of the type.
PCGS# 7190. NGC ID: 2559.

Estimate: $33000

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Bidding

Price realized 29'000 USD
Starting price 1 USD
Estimate 33'000 USD
The auction is closed.
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