Lot 3084
1889-CC Morgan Dollar. NGC graded MS-63. Popular key date. Nice strike and untoned. Silver dollar issuance terminated in 1885 but began again in 1889 at the Carson City office creating a three-year hiatus when there were no CC dollars made. Some point to a few irregularities that had popped up which caused the Treasury Department to close the Mint while an inquiry was made. Others to the installation of a Democratic administration overseen by Grover Cleveland whose budget-cutting included the Carson mint. In 1889, Cleveland left office. In 1889, a Republican administration returned to power. In 1889, the Mint received new funding. Upon reopening, there was only time enough to strike 350,000 silver dollars before the next calendar year began. Hence, this date's infrequent appearance at auction, especially in choicer grades. A vibrant, fully struck, and thoroughly original untoned specimen with satiny cheek on Liberty. Struck with meticulous care by the dies, which isn't always the case with the later-issue CC-mint silver dollars (PCGS # 7190) .
Estimated Value $24,000 - 26,000.
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| Realized $31,050 |
