Coin Specifications

Category: Seated Liberty Quarters (1838-1891)
Mint: Carson City
Mintage: 10,890
Catalog: KM-98
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 6.2200g
ASW: 0.1800oz
Melt Value: $3.71 (7/30/2014)
Diameter: 24.3mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1871 CC 25C MS obverse 1871 CC 25C MS reverse


  
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Description & Analysis

All Carson City quarters are rare and all qualify for either key or semi-key status. The legendary rarity in this group is the 1873-CC No Arrows, an issue that had a mintage of only 4,000 but almost all were melted. All the Carson City issues also had low mintages--the series high was 12,464 pieces for the 1873-CC Arrows. Naturally, when any of these are offered for sale at public auction they are highlight coins. Only 10,890 examples were struck of the 1871-CC quarter, an increase of only $637.50 over the production level from 1870. In his book The Mint on Carson Street, Rusty Goe discusses the total value of 1871-CC quarters, that is, $2,722.50. He then proposes an intriguing theory regarding the odd amount of $22.50 that is tacked onto the mintage.

'The odd amount of $22.50 face value, or 90 individual quarters was included in the first delivery total for 1871, probably representing the amount divided between assay coins, and those distributed to key residents in the area. Readers will also remember that in 1870 a somewhat extraneous total of 40 quarters was minted at Carson City for similar purposes. Today's depleted populations of 1871-CC quarters imply that no more than 90 pieces ever escaped from storage vaults at the Carson Mint.'

This theory only lacks documentary evidence to support it, as the numbers known today of this issue already indicate that this is most likely what happened. Only 41 pieces have been certified in all grades by both NGC and PCGS, minus an uncertain number of resubmissions. This would indicate that fewer than 50% of the pieces released survive today, a percentage that is consistent with proofs from the late 19th century.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 7/25/2014

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1871 CC 25C MS
  GVGFVF4045505355586061626364656667686970
Base $ 4250 9000 14000 20000 30000 30000 46000 57500 82500 92500 - - - - 215000 440000 - - - - -
$ 33000 50000 61000 90000 100000 - - - - - - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 13
Low Grade: PrAg
Average Grade: VF
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/12/1993 PCGS VG 8   Heritage Auctions 1993 Early Spring ANA Bullet Sale #101, 101/Lot# 350 $1,320.00
5/28/2006 PCGS AU 53   Goldberg May 28-31, 2006 Pre-Long Beach Coin and Currency Auction, 36/Lot# 1773 $66,125.00
2/28/2012 PCGS   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 4077 $4,749.50
9/6/2012 PCGS F 15   Heritage Auctions 2012 September 6-9 US Coins Signature Auction- Long Beach Session(1), 1174/Lot# 3852 $19,975.00
11/29/2012 PCGS Genuine F   Heritage Auctions 2012 November 29 - December 2 US Coin Signature Auction - Houston Session(1), 1177/Lot# 3523 $4,112.50
1/8/2014 PCGS AG 3   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(2), 1201/Lot# 4156 $3,818.75
6/4/2014 PCGS G 6   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(3), 1206/Lot# 4458 $14,100.00


NGC Registry

NGC Registry Score 1871 CC 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base29133149486257136518777085109141979710188107211104712664130081366914450165842185729350401474428948740
2991372051455981693580168720935999271036510829115861277813228139291516118341243543294941527457720
000000872093599927103651082911586127781322813929151611834124354329494152700
0000008930957810057105431093812125128931344814189158722009926852365484290800
1871 CC 25C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base305032945062593867668052881294591013110532110791141313069148961690614896170772246130101410934530749832
31313883535462147194830590279683102641071411190119651367815566169061562318871250073376542497468150
0000009027968310264107141119011965136781556616906156231887125007337654249700
0000009243990710398108961130112517142871623616906163502066627554374294390200
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