Skip to main content
Go to accessibility options
LOT #4438  | 
Sold on Jan 14, 2022 for: Sign-in or Join (free & quick)

1870-CC $10 VF25 NGC. Variety 1-B....

Click the image to load the highest resolution version.
Sold on Jan 14, 2022 for:
$63,014.40 Bid Source: Internet bidder
Get one of these:
Share this lot
Track Item Printable Auction Results

Sell One of These

Description

1870-CC Eagle, Excellent VF25
Singular Carson City Key Date
Inaugural Year for the Nevada Mint

1870-CC $10 VF25 NGC. Variety 1-B. It was Friday, February 18, 1870 when the Carson City Daily Appeal wrote, "TEN DOLLAR PIECES of the Nevada Mint coinage have made their appearance. They are beauties." Indeed, ten dollar gold pieces were struck in fits and starts throughout the year: 1,644 pieces were produced in February, followed by smaller amounts in April, May, and June. Additional eagles were struck in August, September, and November for a total mintage of only 5,908 pieces. It was a small beginning, but a triumph for the denomination that in many ways epitomizes the ongoing struggle to make gold coins faced by the Carson City Mint.

Nineteen dates comprise a Carson City eagle set and present a formidable (yet achievable) challenge for any gold specialist. Several rare dates exist within the subset, but none more important than the 1870-CC eagle, which is arguably not only the rarest Carson City ten dollar gold piece, but also the rarest of all CC gold denominations including its "big brother," the legendary 1870-CC double eagle. Doug Winter succinctly states: "The 1870-CC eagle is of comparable rarity to its more celebrated and far more expensive counterpart, the 1870-CC double eagle."

Recent research by Rusty Goe concludes between 60 to 75 eagles survive from the inaugural Carson City mintage in all grades. Nearly the entire production circulated domestically, and no Mint State examples are known. Goe concludes, "the supply seems pretty much fixed at this point." Most 1870-CC eagles exist in the XF to AU range, with a small number of lesser-graded pieces certified in unimpaired condition. This example is one of the few attractive coins in that category.

This pleasing example is a stalwart defender of the midgrade VF25 grade. Smooth, honey-gold coloration covers the minimally abraded surfaces, with no large marks or distracting abrasions seen on either side. A short linear lamination at the midpoint of E and S of STATES is a minor Mint-made pedigree marker of no concern, but interesting to observe. Traces of luster linger at the margins for excellent eye appeal, a welcome surprise for the assigned grade. Census: 2 in 25, 31 finer (9/21).
From The John W. McCloskey Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 264U, PCGS# 8658, Greysheet# 9471)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

View all of [The John W. McCloskey Collection ]

View Certification Details from NGC

Thumbnail
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.

Order Now!

Auction Info

2022 January 12 - 16 FUN US Coins Signature® Auction - Orlando FUN #1341 (go to Auction Home page)
Auction Dates
January, 2022
12th-16th Wednesday-Sunday
Bids + Registered Phone Bidders: 27
Lot Tracking Activity: N/A
Page Views: 725

Buyer's Premium per Lot:
20% of the successful bid per lot.

Shipping, Taxes, Terms and Bidding
Sales Tax information  | NGC Coin Grading Guarantee

Important information concerning Sales Tax and Resale Certificates. Learn More

Terms and Conditions  |  Bidding Guidelines and Bid Increments |  Glossary of Terms  | US & World Coin Grading Tutorial

Sold on Jan 14, 2022 for: $63,014.40
Track Item