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Lot
2784

1870-CC 25C VG8 NGC....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
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Auction Ended On: Jan 10, 2008
Item Activity: 8 Internet/mail/phone bidders
665 page views
Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Historic VG 1870-CC Quarter
1870-CC 25C VG8 NGC. With a reported mintage of 8,340 pieces, the 1870-CC is an immensely desirable quarter issue. In light of the tiny number of survivors available today, speculation abounds that most of the pieces struck never left the Mint, though the heavily worn condition of most representatives suggests that those coins issued circulated heavily. In his The Mint on Carson Street, Rusty Goe (2003) praises the issue: "The 1870-CC is unquestionably the second rarest date (behind the 1873-CC Without Arrows) in the Seated Liberty quarter series ... and is considered one of the most desirable classic rarities in all of U.S. coinage."
This is a significantly worn, yet appealing and immensely desirable representative, primarily cloud-gray with elements of slate, tan, and dusty rose near the margins. The figure of Liberty shows few details, but on the shield, the BER of LIBERTY is bold, and the I and T on either side are weak but partly visible. The upper obverse and lower reverse rims show a touch more wear than the rest of the coin, but this is a minor concern. Minimally marked save for a handful of flaws under the banner on the reverse. NGC records give that firm's total certified population as just 22 pieces (12/07).
Ex: The Bowers and Merena Sussex Collection Sale, June 11-13, 1990, lot 553.
From The John Stimson, Sr. Collection, Part One.
(Registry values: P9) (NGC ID# 23UL, PCGS# 5477)

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