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1879-CC $10 AU53 PCGS. CAC. Variety 1-A....

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Sold on Aug 24, 2022 for:
$78,000.00 Bid Source: HA.com/Live bidder
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Description

1879-CC Ten Dollar, AU53
Key Carson City Issue

1879-CC $10 AU53 PCGS. CAC. Variety 1-A. Ex: Bender Collection. After eagle production at Carson City reached a then-peak of 16,767 pieces in 1874, strikings dwindled rapidly into four-digit figures and continued to slide through 1878. In that year, 3,244 ten dollar coins were struck at the Old West facility, a paltry amount. As small as that figure might seem, 1878 would not be the nadir for the ten dollar denomination at Carson City.

Since this coin was last sold, Rusty Goe has written a second (even more comprehensive) work on the Carson City mint. From our original description from 2008 we wrote: "Rusty Goe writes in his The Mint on Carson Street: Just when it seemed that mintages for $10 eagles at the Carson City Mint could not decline any further, 1879 arrived. A work stoppage combined with shrinking bullion deposits resulted in an all time low coinage of 1,762 pieces." Goe contrasts this with the nation's aggregate production of the denomination, the highest in nearly three decades; interestingly, though, Carson City did not strike the fewest eagles that year, since the New Orleans Mint's production tally was a mere 1,500 coins. Still, higher attrition had rendered the 1879-CC the most desirable business-strike eagle issue for the year.

PCGS lists no Uncirculated 1879-CC tens on its Population Report. Only 48 pieces have been certified by PCGS between VG 20 and AU58. This AU53 is tied with five other pieces in that grade with only five pieces certified finer (6/22). Primarily yellow-orange surfaces retain a surprising degree of flashy luster, and only light wear crosses the high points of the well-struck portrait. Scattered abrasions are of little concern, and an alloy spot between the E and N in TEN on the reverse adds interest to that side. Overall, an impressive representative of this important Carson City issue.
Ex: Summer FUN Signature (Heritage, 6/2008), lot 2165, where it brought $35,937.50.
From The Bender Family Collection, Part I. (Registry values: N7079)

Coin Index Numbers: (NGC ID# 265N, PCGS# 8684, Greysheet# 9488)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

View all of [The Bender Family Collection, Part I ]

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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.

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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: 29
Lot Tracking Activity: N/A
Page Views: 340

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Sold on Aug 24, 2022 for: $78,000.00
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