1870-CC $5 VF35 NGC. CAC. Variety 1-A. ...

Description

1870-CC Five Dollar, VF35
Exemplary First-Year Carson City Gold

1870-CC $5 VF35 NGC. CAC. Variety 1-A. Three Carson City gold issues were struck in 1870, all of which are rare today. The 1870-CC double eagle is a major rarity, with an estimated 55 to 65 survivors in all grades. Any 1870-CC eagle is nearly as rare, with an extant population of 60 to 75 pieces, while the 1870-CC half eagle has a survival estimate of 75 to 95 pieces in all grades. Together, these three 1870 Carson City gold issues form a legendary subset seldom achieved by collectors. While the half eagle is perhaps the most available of the three famous issues, it is challenging to the utmost with Choice surfaces and a decent strike. This CAC-endorsed example is ideal for the VF35 grade, with minimally abraded orange-gold surfaces and a sharper central strike than often seen. It is one of just two pieces to earn CAC approval at the VF35 level. Only 7,675 pieces were struck. Census: 7 in 35, 19 finer. CAC: 2 in 35, 8 finer (1/22).
From The Long Island Collection, Part II. (Registry values: P3)

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

Weight: 8.36 grams

Metal: 90% Gold, 10% Copper

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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