- 45
Silver Dollar, 1879-CC (Capped Die), PCGS MS 65 CAC
Estimate
25,000 - 35,000 USD
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Description
- silver
A splendid coin with hard, white surfaces and coruscating lustre. The hair not fully pronounced over Liberty’s ear, which is the norm for this variety, but otherwise well struck. A small toning spot behind Liberty’s cap serves as an identifier. The surfaces with a small number of non-distracting bagmarks consistent with the grade; a couple of mint-caused inclusions (part of the production process) are also noted. An exceptional example in every regard.
Provenance
William E. Spears Collection; probably Jefferson Coin and Bullion (circa 1993-1995); Ralph Stone Collection; thence by descent.
Catalogue Note
THE PCGS TOUR OF THE “WORLD’S FINEST MORGAN DOLLARS” EXHIBITION EXAMPLE. The Capped die variety is also called the Large CC over Small CC variety. Its production was the result of high production demand in keeping with the provisions of the Bland-Allison Act of 1878 and the Mint’s economic use of dies. Initially, all 1878 Carson City dies had mintmarks with small letters, but a change to larger letters was decided, and rather than discard the old dies, an attempt was made to efface the small letters and punch the larger letters over them. The result was unsatisfactory with the mintmark looking rough and unprofessional. Nevertheless it is rare variety, especially in the higher grades of preservation. And this example is one of the finest known.
The PCGS exhibition of the “World’s Finest Morgan Dollars” selected the most perfectly preserved 110 examples of each date and mint combination from the most sophisticated collections then known. Some twenty-five collectors loaned their coins for the multi-year traveling exhibition which premiered at the 1990 American Numismatic Association Convention in Seattle, Washington. The official PCGS photographs of the coins on tour were used by John Highfill to illustrate the date-by-date analysis in both editions (1992 and 2017) of his highly regarded Comprehensive U.S. Silver Dollar Encyclopedia.
Certificate number: 6271756, re-encapsulated after the PCGS Tour, with the provenance noted on the insert (Generation 3 holder). One of the finest known examples: PCGS cites twelve of this grade with only two finer (MS 65+), and NGC none. CAC cites six at this grade, and none finer. (02-18)
This coin published: John Highfill, The Comprehensive U.S. Silver Dollar Encyclopedia, 1992, pp. 277, 282, 943 (illustrated); 2017 ed., p. 1183 (noted as the highest graded as of the time of the tour).
The PCGS exhibition of the “World’s Finest Morgan Dollars” selected the most perfectly preserved 110 examples of each date and mint combination from the most sophisticated collections then known. Some twenty-five collectors loaned their coins for the multi-year traveling exhibition which premiered at the 1990 American Numismatic Association Convention in Seattle, Washington. The official PCGS photographs of the coins on tour were used by John Highfill to illustrate the date-by-date analysis in both editions (1992 and 2017) of his highly regarded Comprehensive U.S. Silver Dollar Encyclopedia.
Certificate number: 6271756, re-encapsulated after the PCGS Tour, with the provenance noted on the insert (Generation 3 holder). One of the finest known examples: PCGS cites twelve of this grade with only two finer (MS 65+), and NGC none. CAC cites six at this grade, and none finer. (02-18)
This coin published: John Highfill, The Comprehensive U.S. Silver Dollar Encyclopedia, 1992, pp. 277, 282, 943 (illustrated); 2017 ed., p. 1183 (noted as the highest graded as of the time of the tour).