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    Description

    A Select BU Representative of the Conditionally Challenging and Always-Popular 1870-CC Seated Dollar

    1870-CC $1 MS63 NGC. The Carson City Mint, perhaps the most fabled coinage facility in U.S. history, opened its doors for production on January 6, 1870. Congress authorized construction of the building (which now houses the Nevada State Museum) by the Act of March 3, 1863. The presence of the Comstock Lode (just 15 miles from Carson City, referred to above and discovered in 1859) seemed to justify the establishment of a branch mint in Nevada. Despite the best efforts of Superintendent Abraham Curry, who wanted to begin production in 1869, the first coins were not produced until February 10, 1870. These were 3,747 Silver Dollars of the Seated Liberty design coined from dies that had arrived a month earlier. The total production of Seated Dollars at Carson City this year amounted to 11,758 pieces.
    The 1870-CC is the most easily obtainable CC-mint Seated Dollar in both circulated and Mint State grades. Numerous examples were undoubtedly saved by the public as the first coins from the Carson City Mint. Bowers also states that three of the first coins delivered were preserved for the annual Assay Commission. Nonetheless, the '70-CC should never be described as "common" when viewed in the wider context of U.S. numismatics, as survivors are absolutely rare when compared to, say, Morgan Dollars from the same branch mint. While circulated examples are usually available for a price, Uncirculated specimens number just 18 coins at NGC and PCGS (1/02), with the finest representatives graded MS63.
    The Carson City Mint used two obverse and five reverse dies to produce 11,758 1870-CC Seated Dollars. Combinations of these dies resulted in eight varieties. Four of the reverse dies display a Wide CC mintmark, the other displays a Close CC. As one might surmise, examples of the Close CC (Reverse A) variety are rare. Three of the Wide CC reverses were used to produce, respectively, all 1871-CC, 1872-CC, and 1873-CC Dollars.
    The present MS63 NGC representative is an example of the 2-C (Wide CC) die marriage, and the reverse die is the same used to produce all known 1872-CC Dollars. The fields are appreciably prooflike, as often seen on Mint State survivors of this first-year issue. The toning is light, iridescent, and gold in color with small, slightly darker spots on the obverse rim outside star 5 and on the reverse rim outside the first A in AMERICA. Save for the top of Liberty's head and the corresponding area on the reverse, the features are boldly impressed. Pedigree purposes compel us to mention a faint planchet streak (as produced) on the reverse through the U in UNITED. There are no singularly mentionable abrasions. A significant offering for either the CC-mint specialist or the advanced Seated Dollar date collector. (NGC ID# 24ZE, PCGS# 6964)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

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    Auction Info

    Auction Dates
    April, 2002
    25th-27th Thursday-Saturday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 704
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