LOT #3612 |
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1870-CC $10 XF45 PCGS. CAC. Variety 1-B....
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Sold on Aug 24, 2022 for:
$192,000.00
Bid Source: HA.com/Live bidder
Description
1870-CC Eagle, XF45
Choice Surfaces and Color
Inaugural-Year Carson City Key
1870-CC $10 XF45 PCGS. CAC. Variety 1-B. Ex: Bender
Collection. With a total of 19 dates, a Carson City eagle set is a
daunting challenge. Rare issues abound, and some issues are
virtually unavailable in high grades. The inaugural 1870-CC eagle
is perhaps the most sought after of the conditional rarities, one
of the half dozen or so Carson City tens unknown in full Mint State
(at least in modern times). The eagle is about as rare as the
famous 1870-CC double eagle, yet not always recognized as such and
is valued at only a fraction of the price. The same could be said
about several CC eagles in the series. This example is a Choice XF
coin -- a bit lightly struck on at the central devices -- yet
imbued with excellent eye appeal by virtue of its deep, yellow-gold
color plus orange and faint-olive accents. Light abrasions are
minimized by smooth wear, with a solitary contact beneath the hair
bun being the sole obverse mark of note. Mint luster remains
visible beneath the original, attractive coloration. A short,
oblong void above the eagle's head is an old mark, possibly a
planchet void, with a few light abrasions seen in and around the
nearby banner -- especially at I of IN. There are no surface
imperfections that exceed those expected for the assigned
grade.Numerous famous collections lacked an 1870-CC eagle of this quality. In his 2001 Carson City reference, Doug Winter believed the 1870-CC eagle to be the second-rarest Carson City gold coin, trailing only the 1870-CC double eagle. A few more pieces have come to light in the past 20 years, with Rusty Goe's survival estimate pegged at 60 to 75 coins in all grades. About 28 to 34 of those pieces fall into the XF to AU range. Few of those coins will match this CAC-endorsed XF45 for surface quality and originality. Population: 9 in 45, 12 finer. CAC: 2 in 45, 2 finer (7/22).
From The Bender Family Collection, Part I. (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 Bender Family Collection, Part I ]
Auction Info
2022 August 22 - 28 US Coins Signature® Auction #1348 (go to Auction Home page)
Auction Dates
August, 2022
22nd-28th
Monday-Sunday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 1,098
Buyer's Premium per Lot:
20% of the successful bid per lot.
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