1879-CC $10 AU53 PCGS....

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Important AU53 1879-CC Eagle

1879-CC $10 AU53 PCGS. 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.
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.
While NGC lists a single MS62 example of the 1879-CC in its Census Report, Registry enthusiasts should note that PCGS does not acknowledge any Mint State examples, and as of (5/08), this AU53 beauty ranks among the top five survivors known to the latter service. 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 area of alloy 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.
From the Fern E. Wagner Trust.(Registry values: N7079)

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

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

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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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