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Lot
8613

1870-CC $5 AU58 PCGS. Winter 1-A. Die State II. An ...

2003, Orlando, FL. (FUN) Signature Sale #308

 
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Auction Ended On: Jan 10, 2003
Item Activity: 2 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Very Rare 1870-CC Half Eagle--AU58--The #5 Coin On The Condition Census
1870-CC $5 AU58 PCGS. Winter 1-A. Die State II. An original coin that shows the usual softness of strike known on this die state; that is, weakness on Liberty's hair as well as blurry, indistinct feather definition on the eagle's head and neck. Nice light yellow-gold and rose colors rest on lightly marked surfaces. Unlike some higher grade 1870-CC Half Eagles, this piece has not been cleaned or over-dipped and it shows superb overall eye appeal. An important Condition Census example of this rare and desirable first year of issue Carson City Five Dollar.
Of the 7,675 pieces originally struck, an estimated 50 to 60 are known today. This includes around seven to nine in About Uncirculated and another four in Uncirculated. This is the only 1870-CC gold issue that is sometimes seen in relatively high grades and it appears that a small number may have been saved as souvenirs.
The current Condition Census for the 1870-CC Half Eagle is as follows:

1. Nevada Collection. Graded Mint State 61 by PCGS.

2. Private collection, Ex: Bowers and Merena 7/02: 607 ($77,625, as NGC MS61). Presently graded MS62 by NGC.

3. Jay Parrino, Ex: Bowers and Merena 10/99: 1170 ($69,000, as PCGS AU58); Harry Bass Collection; NERCA 1979 ANA: 182. Graded MS61 by PCGS.

4. Private collection, Ex: Charley Tuppen collection; Heritage 12/88: 1142. Graded MS61 by NGC.

5. The present coin, Ex: Midwestern Collection. Graded AU58 by PCGS. (NGC ID# 25WA, PCGS# 8320)

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