1870-CC $5

Description

Extraordinary 1870-CC Half Eagle Rarity

1870-CC $5 XF 40. The premier issue from the Carson City mint, the 1870-CC is among the rarest Liberty half eagles in the entire series. With a mintage of just 7,675 pieces, it is the scarcest CC-mint half eagle and is the most difficult to locate in high grades. Most specimens are well worn, and even a VF example is apt to be sought after by specialists. Nearly all known examples are heavily abraded, and many have heavy rim bruises. This piece is a pleasant exception, as the greenish-gold surfaces display only small, scattered abrasions that are typical of a coin that spent several years in commerce. The strike is above average for the issue, as the hair curls above Liberty's ear and below the coronet, often weak on other examples, are well defined. Even the eagle's neck feathers and the arrow feathers on the reverse are evident, and any lack of clarity is likely due more to wear than to any weakness of strike. Only a handful of specimens are known in finer technical grades, and it is unlikely that many match this piece in aesthetic appeal. This coin has been off the market for more than 50 years, and is a "fresh" example for today's generation of collectors. A splendid rarity that will inspire intense competition among rare gold specialists.

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

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
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.