The NGC Universal ID is a four digit alphanumeric that groups coins based on a unique combination of date, mintmark, denomination and striking process (MS, PF, or SP). These IDs are a simple organization of all coins prior to variety attribution and grading.
The 1873-CC No Arrows is the first of two half dollars produced at the Carson City Mint this year. Federal records state that 122,500 coins were produced, a total that is similar to that of the 1871-CC (153,950 coins). While the latter issue owes its rarity to widespread circulation, most 1873-CC No Arrows never found their way into the channels of commerce. The passage of the Mint Act of February 12, 1873 forced the Carson City Mint to melt most of these coins, with the bullion being used to produce 1873-CC With Arrows halves. Today, the 1873-CC No Arrows is an elusive coin in all grades. In fact, Randy Wiley and Bill Bugert (1993) rank the 1873-CC No Arrows as the seventh rarest issue out of the 122 dates in the Seated half dollar series. Most survivors fall into the Good-Very Fine grade range, and it is unlikely that more than six Mint State coins are extant. The rarity of this issue in Mint State is such that John Jay Pittman's representative was graded VG by Akers (5/98), and the Louis E. Eliasberg, Sr. Collection (Bowers & Merena, 4/97) offered an AU coin as lot 2023.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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