PCGS Auction Prices
||October 2018 Baltimore U.S. Coins Auction
||Rare 1870-CC Liberty Head Half Eagle
The First Carson City $5
1870-CC Liberty Head Half Eagle. VF-30 (PCGS). CAC.
A truly exceptional example of this historic rarity, the complexion is dominated by honey-gold color with traces of russet patina remaining in the protected areas. Subtle clouds of satiny luster are visible immediately around the devices and testify to the superior overall preservation. The strike is pleasing for the issue, showing just a typical softness to the eagle's neck feathers equivalent to Winter Die State II. Evenly worn and attractive, remaining free from any significant abrasions. The 1870-CC half eagle is a famous rarity in the series. It has the acclaim of being the first issue of the denomination struck at the Carson City Mint, while also boasting a paltry mintage of 7,675 coins. Coiner Ezra Staley delivered the first 400 1870-CC half eagles on March 1, while the coining department delivered another 1,490 pieces before June 30, and then added 5,785 more in the second half of the year. Just about 90 distinct examples are thought to survive for collectors, with the majority of these being heavily worn. The present example represents an important offering for specialists in Carson City and Liberty Head gold that is seldom encountered in today's market.
PCGS# 8320. NGC ID: 25WA.
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