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May 19, 2008

The Long Beach Expo is just a week away and already dealers from out of town are in the Southern California area. Three times a year the Expo...[READ MORE]

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      1879-CC $1 MS65 PL NGC w/CAC

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CAC approved with sticker denoting Premium Quality. One of the key Carson City Morgan dollars and an undeniable rarity in this state of preservation. According to their latest census NGC has certified just fourteen coins at this level with none higher. A needle sharp strike and well preserved surfaces are but two of the components accounting for this lofty grade and accompanying prooflike designation. The fields are quite deeply mirrored (particularly on the reverse) and the devices are amply coated with white mint frost rendering a pronounced cameo effect. The obverse exhibits a faint blush of champagne patination. One could reasonably argue that this specimen is worthy of a full DMPL designation and it certainly merits its assigned grade. Regardless, this is an exceptionally nice example of this rare date. As a point of interest I originally purchased this coin along with a PCGS graded MS65 PL 1879-CC in October of 1998 for $38,000 (for the pair). One of my most discerning clients at the time asked me to select the best specimen of the two for his silver dollar collection and I opted for the NGC graded MS65 PL, which in my opinion was superior in all respects. Moreover, I had the opportunity to compare this particular coin to the highly touted PCGS MS65 DMPL Jack Lee specimen (which has an unsightly scratch on the cheek) and I prefer this piece hands down. Suffice it to say that this is a very special coin indeed and one that has resided in the same collection for nearly a decade.

Price: $32,500.00


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