LOT #5358 |
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1873-CC $5 AU50 NGC. CAC....
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Sold on Sep 24, 2010 for:
$20,800.00
Bid Source: Post Auction Buy bidder
Description
1873-CC Five Dollar, AU50
Elusive, Low-Mintage Issue
1873-CC $5 AU50 NGC. CAC. By the time of the 1873-CC half
eagle mintage, the denomination reached a new low at the Nevada
facility--even less than that of the initial-year 1870-CC
mintage--producing 7,416 coins compared to 7,675 of the 1870-CC.
This would remain the second-lowest mintage of the entire series
among CC-mint issues, behind the 1876-CC. Today the 1873-CC is a
bit more more elusive than the 1870-CC, and many survivors are
well-circulated. This AU coin is at the upper end of certified
survivors, even though a small handful of higher-grade pieces
exist. (Garrett and Guth note that the certified populations are
skewed by the former holdings of Harry Bass, who owned six
high-grade examples that were all "sold into strong hands.") There
are few mentionable marks, save for a single small linear scrape
above the 73 in the date, near the lower bust. The yellow-gold
surfaces are well-struck, although not fully so, and plenty of eye
appeal is present. Census: 7 in 50, 2 finer (8/10).(Registry values: P3)Coin Index Numbers: (NGC ID# 25WL, PCGS# 8331, Greysheet# 9055)
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.
Auction Info
2010 September Long Beach, CA Signature US Coin Auction #1144 (go to Auction Home page)
Auction Dates
September, 2010
23rd-26th
Thursday-Sunday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 755
Buyer's Premium per Lot:
15% of the successful bid per lot.
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