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Lot
2126

1870-CC 50C XF45 PCGS....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
Sold for: Not Sold
Auction Ended On: Apr 29, 2010
Item Activity: 7 Internet/mail/phone bidders
729 page views
Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:

Very Rare 1870-CC Half, XF45
The Wiley Plate Coin
1870-CC 50C XF45 PCGS. Die marriage 1-A, mintmark wide, second C low. The Wiley plate coin, from the author's collection. As with all denominations of this date and denomination, the 1870-CC half dollar is predictably rare. The mintage was 54,617 pieces, but almost no examples were set aside at the time of striking and few were saved in later years. Apparently the newly opened Mint struggled in its first year of production. Of the three obverse dies used to strike this issue, advanced die abrasion is well documented on one of the dies, resulting in partial or no drapery. This coin is struck from that die pairing, showing only a trace of the drapery, and is the best example of the date from the famous "Louisiana Hoard."
While many 1870-CC halves are not well struck, this piece is, as seen in the entry for the 1870-CC on page 169 in Wiley's Complete Guide to Liberty Seated Half Dollars. A faint trace of mint luster can still be seen around the peripheral devices, and the surfaces are toned medium gray with a reddish undertone. A strike-through (a piece of wire, perhaps?) is located near star 2, and there is a short, diagonal mark on Liberty's cheek; otherwise, the surfaces are lightly and unremarkably abraded.
Ex: W. Marvin Acree Collection (Overton, 1/1963); 1975 ANA Auction (Superior, 8/1975); Bill Grayson; Roy Pohler (1978); Randy Wiley (1988, said to be the finest 1-A in the "Louisiana Hoard"). Certified by PCGS 4/2005.(Registry values: N4719) (NGC ID# 24K2, PCGS# 6328)

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