LOT #4862 |
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1873-CC $10 AU53 PCGS. CAC. Winter 2-A....
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Sold on Jan 16, 2025 for:
$102,000.00
Bid Source: Internet bidder
Description
1873-CC Liberty Eagle, AU53
Condition Census Example
Low-Mintage Branch Mint Rarity
1873-CC $10 AU53 PCGS. CAC. Winter 2-A. Ex: Rian's Bequest.
In his popular new reference, The Confident Carson City Coin
Collector, Rusty Goe notes that gold coinage at the Carson City
Mint declined by about 27% in 1873. Changes in the U.S. monetary
system, including the introduction of the Trade dollar, contributed
to the slow down, as the Carson City Mint devoted much of its time
and resources to the production of the new denomination. Much of
the gold bullion that was deposited at the famous Western facility
was melted and refined and issued as gold bars, rather than
coinage, during this time frame. As a result, only 4,543 Liberty
eagles were struck in 1873, the fourth-lowest Carson City mintage
for the denomination.The coins were all released into circulation at the time of issue, as commercial demand for eagles was high in the regional economy. Numismatic interest in branch mint issues was minimal at the time, and few collectors could afford to set aside extensive date runs of ten dollar coins, so no high-quality specimens were saved for posterity. By the time collecting large denomination gold coins became popular in this country, in the late 1930s, the few surviving specimens had been circulating for decades. PCGS CoinFacts estimates the surviving population at 60-80 examples in all grades today. PCGS has certified six examples in AU53, with three finer, while NGC has graded 10 coins in AU53, also with three finer (11/24). Rusty Goe notes that population data has been inflated by resubmissions and crossovers and suggests only five to seven examples are actually extant in AU53. The 1873-CC is unknown in Mint State.
The present coin is an impressive AU53 specimen, with pleasing orange-gold surfaces that exhibit scattered small hits and scratches in the fields and some minor abrasions on Liberty's jaw, but no large or distracting post-strike flaws. A small planchet void is evident near the lowest curl at the back of Liberty's neck. Only light wear is evident on the well-detailed design elements. The high quality within the grade is attested by the CAC sticker and eye appeal is quite strong for this issue. This piece fits comfortably in the Condition Census for the 1873-CC and should find a home in an advanced collection or Registry Set. This coin is pictured on PCGS CoinFacts. CAC: 3 in 53, 2 finer (11/24).
Ex: FUN Signature (Heritage, 1/2022), lot 3714.(Registry values: N7079)
From The Drumwright Family Collection.
Coin Index Numbers: (NGC ID# 2655, PCGS# 8667, Greysheet# 9477)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
View all of [The Drumwright Family Collection ]
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
2025 January 14 - 19 FUN US Coins Signature® Auction #1380 (go to Auction Home page)
Auction Dates
January, 2025
14th-19th
Tuesday-Sunday
Bids + Registered Phone Bidders: 36
Lot Tracking Activity: N/A
Page Views: 377
Buyer's Premium per Lot:
20% of the successful bid per lot.
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