Lot 1353
1889-CC. PCGS graded EF-45. Nicely toned on both sides. Popular key date. The highest design features are light to medium silver gray -- fashionably "antique silver" toned -- while the region around the legends and devices is a darker shade. This serves to highlight the design, a pleasing adjunct to the coin's attractive appearance and untouched originality. Carson City Mint had been closed since 1885 for several reasons. One was a Congressional investigation into some of questionable practices by Mint Staff. Another was the money-pinching administration of President Grover Cleveland who felt that a small mint so close to the more substantial edifice in San Francisco was superfluous and refused to fund Carson. After he was voted out of office in the 1888 election, the incoming administration, in a sop to its Western political cronies in the silver mining State of Nevada and as a choice jobs program to them, reopened the mint. Which continued as a coining facility until 1893 (PCGS # 7190) .
Estimated Value $3,000 - 3,300.
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| Realized $4,113 |
