US Coins

Legend offers three key CC Mint dollars

Three brilliant Morgan dollars from the famed Carson City Mint saw strong prices at Legend Rare Coin Auctions’ Regency Auction 32, which took place May 15 and 16 in New Orleans.  

Leading the three was an 1893-CC Morgan dollar from the Cornet Collection II graded Professional Coin Grading Service Mint State 65 with a green Certified Acceptance Corp. sticker that brought $152,750, improving on the $129,950 it realized when Legend sold it June 25, 2015, as part of the Coronet Collection.

The issue is popular as the last of the Carson City Mint Morgan dollars, and, while the majority of the survivors from the 677,000 mintage remain Uncirculated, true Gem examples like the subject coin are rare. 

Legend wrote, “This is a really nice piece, especially for a date that is famous for not coming in nice condition. You’ll typically see them flat or hacked up, but this coin is far from either,” before suggesting that the current PCGS Population Report for the issue which counts a dozen in MS-65, may be inflated with resubmissions. 

The auction’s top lot was the colorful “Supernova” 1857-S Coronet $20 gold double eagle graded Mint State 67 by PCGS with a green CAC sticker. Recently recovered from the SS Central America treasure, it sold for $282,000. 

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