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1879-CC $10 AU58 NGC. Variety 1-A....

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Sold on Oct 6, 2022 for:
$52,800.00 Bid Source: Internet bidder
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Description

1879-CC Liberty Eagle, AU58
Lowest-Mintage Carson City Gold Coin
High Condition Census Example

1879-CC $10 AU58 NGC. Variety 1-A. Coinage operations were suspended at the Carson City Mint for several months in 1879, due to falling production from the local mines, which were beginning to play out. The famous Western facility only struck a minuscule mintage of 1,762 Liberty eagles that year, with the coins all delivered in a single run in August or September. This represents the lowest production total of any Carson City Mint gold coin of any denomination. A single die pair was used to strike all the coins. This was the only use of the obverse die, which shows a broad die scratch through the E in LIBERTY, but the reverse had been used previously to strike the small mintage of eagles in 1878.

Numismatic interest in branch mint issues was minimal in 1879 and high denomination gold coins were too expensive for all but the most wealthy 19th century collectors to set aside. The few well-healed numismatists who systematically collected ten dollar gold pieces at that time preferred to simply order gold proof sets from the Philadelphia Mint to update their collections every year. The tiny mintage of 1879-CC Liberty eagles slipped quietly into circulation, and no high-quality examples were saved for numismatic purposes. In The Confident Carson City Coin Collector, Volume II, Rusty Goe estimates the surviving population at 60-75 examples in all grades. Only a single Mint State coin is known to collectors today, an attractive MS62 example that was discovered in Alaska in 2005. NGC and PCGS have combined to certify eight coins (including this piece) in AU58, with one of those examples in AU58+ (9/22).

The present coin is an impressive near-Mint specimen, with just a trace of friction on the high points of the design elements. The lightly abraded orange-gold surfaces display much original mint luster in protected areas around the devices. The overall presentation is quite attractive for this important branch mint rarity. Census: 5 in 58, 1 finer (8/22).
(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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Auction Info

2022 October 6 - 9 Long Beach Expo US Coins Signature® Auction #1349 (go to Auction Home page)
Auction Dates
October, 2022
6th-9th Thursday-Sunday
Bids + Registered Phone Bidders: 31
Lot Tracking Activity: N/A
Page Views: 286

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

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Sold on Oct 6, 2022 for: $52,800.00
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