Lot 1553
1870-CC. PCGS graded AU-58. An original and barely toned example of the first year of issue of Seated dollars from the Carson City Mint. The Carson City Mint produced Seated dollars from 1870 to 1873 and only 12,642 pieces were struck in 1870. In all, 19,288 Seated dollars were produced at Carson City during this time, 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 appreciate due to the publicity and romanticism associated with 1870-CC coins from other denominations (half eagle, eagle and double eagle). 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, many being subsequently lost, cleaned, or damaged in some way.
The present example has fantastic eye appeal with fields that impart a certain reflective quality. Liberty is frosty and void of any major marks. Satiny luster still exists within the stars and extends into the fields. Very minor strike weakness is noted on several of the stars, however, this is typical of the issue. The reverse is similar in appearance, but a small group of marks is noticed between the eagle's beak and the ribbon above. Overall, a very pleasing coin and one that makes a perfect type example for a Carson City Seated dollar. Pop 16; 15 finer (PCGS # 6964) .
Estimated Value $15,000 - 16,000.
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