Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Carson City
Mintage: 2,300
Catalog: KM-100
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $12.21 (4/25/2015)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1873 CC S$1 MS obverse 1873 CC S$1 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

The 1873-CC is second only to the 1870-S in overall rarity among regular issue With Motto Seated dollars. Although it does not have the lowest mintage of the Carson City dollars (the 1871-CC has that distinction), the number of survivors is lower than any other CC date. Only 2,300 pieces were struck of the 1873-CC, and it is very likely that the majority were melted, with somewhere between 750 and 1,000 pieces actually released into circulation. The reason for the low mintage was simple: the mints were getting ready to produce the Trade dollar, which was also first minted in 1873. In a letter from Bob Julian to Q. David Bowers in 1992 and quoted from Bowers Silver Dollar Encyclopedia, Julian suggests that 'If the 2,300 were not called for by the silver depositor, it is likely that they would have been melted, and his bullion returned to him. It is my opinion, however, that all the coins were paid out and then perhaps redeposited for trade dollar coinage a few weeks later.' To us, this seems like a somewhat cumbersome process, unless what he means is that local banks were ordered to redeposit Seated dollars for recoinage into the new Trade dollar design. In any case, very few 1873-CC dollars were in the channels of commerce and even fewer are known in AU and Uncirculated grades.

The finest examples known are three Uncirculated pieces that were found in the cornerstone of a building in Carson City that was torn down in 1973. Today the total population for Mint State 1873-CC Seated dollars is eight pieces, but once allowances for resubmissions are taken into account there are probably no more than 3-5 examples actually in existence. In all grades, both of the major services have certified 107 pieces. Again, there are doubtless numerous resubmissions in that total number and the actual number of survivors is probably in the range of 60-70 pieces. When located, the 1873-CC is usually seen no better than VF or XF, with probably no more than 20-24 coins in the various grades of AU.

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: 3/17/2015

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1873 CC S$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 11000 13750 17500 29000 36000 50000 55000 72500 83000 125000 157500 200000 - - - - - - -
$ - - - - - - - - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 26
Low Grade: VG
Average Grade: 50
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
6/29/1998 PCGS VF 35   Teletrade Auction 1062, 1062/Lot# 1830 $8,692.00
2/24/2003 PCGS AU 50   Goldberg February 24-25, 2003 Coin Auction, 17/Lot# 723 $23,000.00
10/17/2012 NGC AU 50   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 3179 $21,965.00
2/9/2014 PCGS XF 40   GreatCollections GreatCollections Coin Auctions 02/09/2014, 171/Lot# 171022 $34,650.00
3/20/2014 PCGS VF 25   Heritage Auctions 2014 March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco Session(1), 1205/Lot# 30120 $23,500.00
6/4/2014 PCGS Genuine XF   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(3), 1206/Lot# 4629 $17,037.50
7/6/2014 PCGS XF 40   GreatCollections GreatCollections Coin Auctions 07/06/2014, 199/Lot# 206351 $28,600.00


NGC Registry

NGC Registry Score 1873 CC S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base4591469453676248743183838644100741022610775112701251313112141341525215935166411737018122188972018724609
462549185661664277488470912110125104091094011684127131345314507154801617016884176211838019327216610
00000091211012510409109401168412713134531450715480161701688417621183801932700
00000095971017510592111051209912912137931487915707164061712717871186391975700
Registry Image Gallery
Grade: VF 25
Points: 7431
Owner: jefother
 
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