Lot 1748
1870-CC Liberty Seated Dollar. PCGS graded AU-58. An original and attractively toned example of the first year of issue of Seated dollars from the Carson City Mint. The Carson City Mint produced Seated dollars from only 1870 to 1873 and 12,642 pieces were struck in 1870. In all, 19,288 Seated dollars were produced at Carson City from 1870-1873 and the 1870-CC represents 65% of that mintage figure. Not surprisingly, the 1870-CC is the most available issue, a fact that some do not realize due to the romanticism associated with 1870-CC coins from other denominations (for example, the half eagle, eagle and double eagle series). While the 1870-CC might be the most common issue, all Carson City Seated dollars are quite scarce to very rare. Demand is always strong due to the short production period and the fact that almost all coins produced went straight into circulation.
The present example has fantastic eye appeal! Fields are semi-reflective and magenta and champagne toning has settled into the obverse and reverse peripheries, heaviest on the obverse. Liberty is white and frosty and void of any major marks except for a small reed mark above the center of the shield. Satiny luster still exists within the stars and extends into the fields. Strike weakness is noted on the stars, stars 4,5 and 8 show the most weakness. The reverse is a little flashier and the eagle is extremely frosty and uncirculated in quality. Overall, a very pleasing coin and one that makes a perfect type example for a Carson City Seated dollar. PCGS has graded 12 in AU58, 5 in MS-62 and 8 in MS-63 (PCGS # 6964) .
Estimated Value $4,000 - 5,000.
The Michael M. Magdic Collection.
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| Realized $10,350 |
