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    Description

    1870-CC Ten Dollar, AU50
    Rarest Carson City Eagle, Seldom Seen So Fine

    1870-CC $10 AU50 PCGS. Variety 1-B. The second C in the mintmark is lower than the first. The 1870-CC eagle is, of course, the first issue from the Carson City Mint in the long-running Liberty Head eagle series. It was struck in the small amount of 5,908 coins, and it is generally considered to be the rarest eagle issue from Carson City.

    The association with the fabled Carson City Mint and the cachet that comes along from that and its first-year status sustain the 1870-CC eagle and keep it perennially popular. Another factor that also works in its favor is the great rarity of and demand for its double eagle counterpart, struck to the extent of 3,789 pieces. Doug Winter writes of the 1870-CC eagle in his 2001 work, Gold Coins of the Carson City Mint:

    "Six Carson City eagles have lower mintage figures than the 1870-CC, but this is still clearly the rarest eagle from this mint. It is also the rarest Carson City eagle in terms of high grade rarity. At one time, in fact, I regard this as the single rarest gold coin from this mint, eclipsing even the more famous (and considerably more expensive) 1870-CC double eagle. This coin's indisputable rarity and its status as the first gold issue struck at the Carson City mint should make it one of the most desirable 19th century United States gold coins. Yet this is a curiously overlooked and, in my opinion, undervalued issue."



    This piece shows deep orange-gold color on surfaces that are fairly well-struck and rather lightly abraded, far nicer than most survivors of the issue. Areas of reflective, semiprooflike luster peek out here and there, around the protected areas of the devices. Auction offerings of this rare issue in so fine a grade are infrequent, and this piece should garner plenty of collector attention before and during the upcoming auction. Population: 4 in 50, 5 finer (1/14).
    From Christopher Bently's Nob Hill Collection.(Registry values: N10218) (NGC ID# 53FU, PCGS# 8658)

    Weight: 16.72 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    Feb-Mar, 2014
    27th-2nd Thursday-Sunday
    Bids + Registered Phone Bidders: 15
    Lot Tracking Activity: N/A
    Page Views: 1,130

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    The pre-sale publicity was more than I imagined, and the actual catalog better than I had expected - and my expectations were high!
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