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1874-CC 10C Arrows AU50 PCGS. CAC....
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Sold on Sep 23, 2010 for:
$50,312.50
Bid Source: HA.com/Live bidder
Description
1874-CC Seated Liberty Dime, AU50
Rare With Arrows Date
Acknowledged Key to the Series
1874-CC 10C Arrows AU50 PCGS. CAC. The 1874-CC Seated
Liberty dime with Arrows boasts a minuscule mintage of 10,817
pieces. The date circulated heavily at the time of issue, and many
pieces have surface problems, probably resulting from improperly
prepared planchets using unalloyed silver from the famous Comstock
Lode. In his series reference on Seated Liberty dimes, Brian Greer
remarks:"The unquestioned key to the series [excluding the uncollectible 1873-CC No Arrows]. Rare in any grade, and probably a full R6 in problem-free condition. Very few mint state pieces exist. Under intense demand and currently bringing well in excess of Trends prices, when available."
The rarity of the 1874-CC Arrows dime is illustrated by the fact that Louis Eliasberg settled for a VG-8 example in his magnificent collection. Currently, PCGS has certified only this specimen in AU50, with four examples finer, while NGC has graded three coins in AU50, with two finer (8/10).
The arrows at the date were added in 1873, to denote a weight increase mandated by the Mint Act of February 12, 1873. The With Arrows motif was only implemented on dimes of 1873 and 1874, creating a two-year design that is especially popular with type collectors.
The present coin is a very rare AU50 example, with lightly abraded silver-gray surfaces. Traces of mint luster cling to protected areas around the devices. The design elements are well struck in most areas, with just a touch of softness showing on Liberty's head and UN in UNITED. A diagnostic thin, curving die break can be seen through the mintmark. This is only the tenth time Heritage has been privileged to offer an 1874-CC Arrows dime in AU50 condition. The opportunity to acquire this rare key in relatively high grade may not recur for years.
From The Bob Simpson Collection of Seated Dimes.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 23BL, PCGS# 4669, Greysheet# 4127)
Weight: 2.49 grams
Metal: 90% Silver, 10% Copper
View all of [The Bob Simpson Collection of Seated Dimes ]
The Confident Carson City Coin Collector
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
Auction Info
2010 September Long Beach, CA Signature US Coin Auction #1144 (go to Auction Home page)
Auction Dates
September, 2010
23rd-26th
Thursday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 5,704
Buyer's Premium per Lot:
15% of the successful bid per lot.
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