LOT #4858 |
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1870-CC $10 XF45 PCGS. Winter 1-B....
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Sold on Jan 16, 2025 for:
$132,000.00
Bid Source: Internet bidder
Description
1870-CC Liberty Eagle, XF45
Low-Mintage Branch Mint Issue
Inaugural-Year Carson City Key
1870-CC $10 XF45 PCGS. Winter 1-B. Nearly all U.S. branch
mints experienced many difficulties in their initial startup
periods. After long delays in finishing up construction and
acquiring equipment and personnel, the famous Carson City Mint
struck its first coins (2,303 Seated Liberty dollars) on February
11, 1870. Gold eagles were the next denomination struck, on
February 14. A small production of 5,908 Liberty eagles was
accomplished in that inaugural year. The coins were released into
circulation at the time of issue as there was considerable demand
for coinage in the regional economy. Unfortunately, no high-quality
examples were saved for numismatic purposes, making the 1870-CC an
elusive issue in all grades today. Branch mint gold specialist Doug
Winter calls the 1870-CC "The rarest and most famous eagle from the
Carson City Mint ... Any 1870-CC eagle that grades Extremely Fine
is quite rare and properly graded AU's are very rare with around a
half dozen known to me." The 1870-CC is unknown in Mint State. In
his new series reference, The Confident Carson City Coin
Collector, Rusty Goe estimates the surviving population at
60-75 examples in all grades, with seven to nine specimens in XF45.
PCGS CoinFacts gives a slightly smaller assessment of 45-60
examples extant.This impressive Choice XF specimen exhibits only light wear on the well-detailed design elements, which retain much interior detail intact on the central devices. Just a touch of the usual softness is evident on the curls on the neck, some star centers, and the eagle's claws. The pleasing orange-gold surfaces show myriad scattered minor abrasions on both sides, but none that merit individual mention. The overall presentation is quite attractive. This charming XF45 specimen should find a home in an advanced collection of Carson City gold. Population: 10 in 45, 12 finer (11/24).
Ex: The Barry Donnell Collection; Long Beach Signature (Heritage, 6/2004), lot 6320.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 264U, PCGS# 8658, Greysheet# 9471)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
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: 34
Lot Tracking Activity: N/A
Page Views: 376
Buyer's Premium per Lot:
20% of the successful bid per lot.
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