Lot 340
1871-CC. PCGS graded MS-62. Well struck with light even grey toning. Only 20,100 struck with a survival estimate of 110 pieces. Somewhat Prooflike surfaces. A rare Mint State example, a very nice one, of the very first Carson City Seated Liberty Dime issue. From the original mintage, from which production we have only a few in collectors’ hands today, most disappeared. Perhaps the importance of a specimen of the date in any level of Mint State is underscored by the fact that A Guide Book of United States Coins omits any pricing over the AU level -- and well it should, since the 1871-CC dime is one of the great rarities within the denomination, not just the design type. This holds true for specimens in any grade! Further, the present coin is the sole occupant in NGC's MS62 category, there being only two finer certified by this service. Beyond a doubt, the present piece is one of the most important opportunities in this sale, and we expect that serious Seated Liberty specialists will gather to test each other's bidding mettle when this prized rarity crosses the auction block!
Dimes were first struck at the Carson Mint in 1871 and continued to be coined there through 1878. There are only nine dates in the set. The first five dimes in the group are all extreme rarities. The bulk of the "CC" dime population was minted in the three years starting in 1875 and continuing through 1877, with a combined total for those three years of 20,615,000 compared to 1871-CC with its minuscule 20,100 coined! So rare is this piece that in 1987, when the famed Norweb specimen sold for $12,100, collectors were shocked that it had reached such a high level; but in the present second decade of the 21st century, the Norweb specimen would easily bring many multiples of that piece. Pop 1; 2 finer, 1 in 63, 1 in 64. (PCGS # 4654) .
Estimated Value $65,000-UP.
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| Realized $82,250 |
