LOT #2225 |
Sold on Sep 18, 2008 for: Not Sold
1870-CC 50C AU50 PCGS....
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Sold on Sep 18, 2008 for:
Not Sold 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)
Coin Index Numbers: (NGC ID# 24K2, PCGS# 6328, Greysheet# 6357)
Weight: 12.44 grams
Metal: 90% Silver, 10% Copper
Auction Info
2008 September Long Beach, CA US Coin Signature Auction #1116 (go to Auction Home page)
Auction Dates
September, 2008
17th-21st
Wednesday-Sunday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 2,621
Buyer's Premium per Lot:
15% of the successful bid per lot.
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