1870-CC $5 -- Improperly Cleaned -- NCS. XF Details. Variety 1-A....

Description

1870-CC Half Eagle, XF Details
Low-Mintage First-Year Issue

1870-CC $5 -- Improperly Cleaned -- NCS. XF Details. Variety 1-A. The 1870-CC Liberty half eagle claims a small mintage of 7,675 pieces and few examples were saved by contemporary collectors. The coins were released into circulation during the first year of operations at the Carson City Mint and were badly needed in the regional economy. By the time numismatic demand for mintmark issues developed in the 1890s, the coins had been circulating for two decades and suffered heavy attrition. Collectors prize examples of this date in all grades and conditions.

The present coin is a lightly circulated specimen that shows slight wear on the top of the hair and below LIBERTY. The greenish-gold surfaces display an unnaturally bright sheen, but only minor abrasions are evident. A still-attractive example of this rare issue with a surviving population of 50-60 pieces in all grades.
From The Collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: P3)

Coin Index Numbers: (NGC ID# 25WA, PCGS# 8320, Greysheet# 9049)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.27oz
Mintage: 7,675

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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