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Lot: 2225
Auction: 1116  
1870-CC 50C AU50 PCGS....
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Ended: Sep 17, 2008
 
Buyer's Premium: 15% of the successful bid (minimum $9.00 per lot)
Description
Rare Key Date 1870-CC Seated Half Dollar, AU50


1870-CC 50C AU50 PCGS. WB-101. Extremely scarce overall and of the utmost rarity in high grades, the 1870-CC Seated half dollar is an important key date in the series. Randy Wiley and Bill Bugert (1993) make the following observations:
"Many 1870-CC Liberty Seated Half Dollars are not well struck. This is probably due to the face that this was the first year of operation at the Carson City Mint. The letters BER in LIBERTY show signs of premature wear and the eagle's left leg and feathers are often flatly struck. Advanced die abrasion is well documented with 1 of 3 head dies (2 of the marriages) having a partial or no drapery. Our research indicates that about 14% of all 1870-CC half dollars have partial drapery and 40% have no drapery at all. We do not consider the 'no drapery' feature significant enough for a separate listing."
The current offering is a conditionally rare AU example that shows just a bit of drapery: a small enough amount that it might easily be mistaken for a die chip if it were placed in a different location on the coin. Light rose-tan, lilac-gray, and gold toning over the surfaces is very pleasing to the eye and obviously original. This piece does not suffer from the premature wear mentioned by Wiley-Bugert on BER in LIBERTY, or on the eagle's left leg and neck feathers. It does show slight indications of striking weakness on Liberty's head, and on the eagle's left talons. A handful of small marks are noted on each side of the piece, and there are traces of highpoint wear on the major devices that seem entirely consistent with the grade level assigned by PCGS. Just seven examples are currently certified at AU50, by NGC and PCGS combined, and only eight pieces are graded finer, as of (8/08). Of course, these numbers may not account for possible resubmissions, which are usually a factor when such rare numismatic issues are involved.
This is a coin of obvious importance to any specialist in the Seated half dollar series. It is an item that many will covet, when it crosses the auction block, and one that will serve as the centerpiece of a remarkable collection.(Registry values: N7079) (#6328)

Auction Name: 2008 September Long Beach, CA US Coin Signature Auction #1116
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-4546)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 3 Internet/mail bidders, 798 page views


Bid Now on Items Just Like This One
Lot Bidding Ends Grade Service Current Bid
Auction 1132, Lot 724 Thursday, December 3, 2009 AU50 NGC $2,600.00
View items up for auction that match this item in other grades. (you must be signed in)


Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 271, Lot 6851 Thursday, October 4, 2001 50 PCGS $16,675.00
Auction 232, Lot 6003 Monday, August 7, 2000 50 PCGS $18,400.00
Auction 1125, Lot 772 Sunday, May 31, 2009 50 NGC $18,400.00
Auction 1116, Lot 2224 Sunday, September 21, 2008 50 NGC $28,750.00
Auction 430, Lot 3494 Saturday, February 17, 2007 50 ANACS $12,650.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. Example: A item that sells with a final hammer price of $100 and a 15% buyer's premium will display with a price realized of $115. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

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