1870-CC 50C AU50 NGC....

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Sold on Sep 18, 2008 for:

$28,750.00 Bid Source: Internet bidder

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Important AU 1870-CC Half Dollar

1870-CC 50C AU50 NGC. As is the case with the many other issues struck in the first year of operation for the Carson City Mint, the 1870-CC halves rank as the most challenging and desirable within their series, though their high production compared to other denominations (54,617 pieces) means that they are relatively affordable in most grades. While collectors in the 1970s and earlier considered the 1870-CC a rarity in any grade, according to Rusty Goe's The Mint on Carson Street, after the rumors of a hoard of nearly 100 1870-CC halves proved true, numismatists revised their estimates.
Though the issue became "scarce in all grades" instead of rare, most of the survivors in that hoard were low-grade pieces, and the populations of high-end (XF and better) coins remained nearly stable. The 1980s also saw a marked rise in collector interest in the coins of Carson City, and though this interest extended through all grade levels, the best pieces gained the most from this added attention, and even in the past decade, one can chart the dramatic spike in price for better circulated pieces in general and About Uncirculated coins in particular.
The present coin is surprisingly well-defined for an early Carson City product, particularly on Liberty's hair and foot and on the eagle's feathers. Modest, yet distinct wear affects Liberty's upper body on the obverse and the eagle's beak and arrowheads on the reverse. The fields remain softly lustrous beneath elegant green-gold and sage patina. Minimally marked and highly attractive, a winning candidate for the discerning Carson City silver specialist. Census: 3 in 50, 2 finer (7/08).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 24K2, PCGS# 6328, Greysheet# 6357)

Weight: 12.44 grams

Metal: 90% Silver, 10% Copper

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The Confident Carson City Coin Collector
by Rusty Goe

The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.

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