LOT #3272 |
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1870-CC $10 XF45 PCGS. Variety 1-B....
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Sold on Feb 20, 2020 for:
$87,000.00
Bid Source: Internet bidder
Description
1870-CC Eagle, Choice XF
Natural Russet-Gold Color
Inaugural-Year Carson City Key
1870-CC $10 XF45 PCGS. Variety 1-B. Ex: Northern California
Set. The 1870-CC is the rarest and the most famous ten dollar gold
piece from this mint. It is numismatically significant as the first
eagle from Carson City and it is not that far removed in terms of
its overall rarity from the famous double eagle of this date/mint.
There are an estimated 50 or so examples known and this includes a
number in grades as low as Very Good to Fine. In Extremely Fine,
the 1870-CC eagle is scarce and it is a rarity in About
Uncirculated with no more than five or six coins accounted for. The
two finest known grade AU55 at PCGS and are pedigreed to the Old
West and Battle Born Collections, respectively.There has not been a PCGS-certified XF45 example of this issue at auction since February 2012 when Goldberg Auctions sold one for $48,300. However, the market has increased dramatically for this date in the ensuing eight years as seen by the sale of a PCGS-graded Fine 12 1870-CC eagle that just sold for $43,200 in Heritage's Dallas Signature (9/2019), lot 4993. Another notable sale occurred in February 2018 when Heritage garnered $66,000 for an 1870-CC eagle graded VF35 from the Admiral Collection.
A few years ago when Doug Winter handled this coin, he called it one of the two or three finest XF examples of the 1870-CC he had ever seen. Describing it, he wrote:
"The obverse and reverse show very attractive natural russet-gold color which is the exact 'right' shade for the issue. Some luster can be seen in the protected areas and the strike is slightly better than average with only minor weakness in the centers. The centers are better than average for the date and grade. There are a few very light ticks in the obverse fields which are mostly hidden by the depth of the aforementioned color while the reverse is very choice except for a small mint-made spot which can be seen just above the top arrowhead. Some dirt can be seen in the recesses and the overall level of eye appeal is really high."
The Jacobson coin is a choice, wholesome piece which is just about the finest available quality for this rare and historic issue.
From The Harvey B. Jacobson, Jr. Collection of Liberty Eagles. (Registry values: N7079)
Coin Index Numbers: (NGC ID# 264U, PCGS# 8658, Greysheet# 9471)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
View all of [The Harvey B. Jacobson, Jr. Collection of Liberty Eagles ]
The Confident Carson City Coin Collector
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
Auction Info
2020 February 20 - 23 Long Beach Expo US Coins Signature Auction - Long Beach #1312 (go to Auction Home page)
Auction Dates
February, 2020
20th-23rd
Thursday-Sunday
Bids + Registered Phone Bidders: 30
Lot Tracking Activity: N/A
Page Views: 1,336
Buyer's Premium per Lot:
20% of the successful bid per lot.
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