Coin Specifications

Category: Seated Liberty Quarters (1838-1891)
Mint: Carson City
Mintage: 8,340
Catalog: KM-98
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 6.2200g
ASW: 0.1800oz
Melt Value: $2.83 (10/8/2015)
Diameter: 24.3mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1870 CC 25C MS obverse 1870 CC 25C MS reverse

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There are no NGC varieties for this coin.

Description & Analysis

Despite its favored status among numismatists today, the Carson City Mint did not lead a charmed life. After several years of operation as an assay office and numerous delays, the institution finally received its first dies from Philadelphia on January 10, 1870. It seems only natural today that the first products of the western branch mint were 2,303 silver dollars that the facility delivered on February 11. While production of this denomination remained minimal through 1872, the Mint Act of 1873 and, in particular, the Bland-Allison Act of 1878 would keep the facility quite busy producing Trade and Morgan dollars through its closure in 1893. Although production of this staple coin would suffer the ups and downs of political meddling, the cartwheel's life on the frontier was idyllic in comparison to the smaller silver denominations.

On April 20, 1870, the Carson City Mint struck its first 3,540 Liberty Seated quarters. By the end of the year, another 4,800 pieces would follow for a grand total of only 8,340. From this tentative beginning, the relationship between the quarter dollar and the Nevada branch mint was an unhappy one. The political foes of the silver lobby in Washington, D. C. conspired ceaselessly to keep Carson City's production levels as low as possible. The meager figures could then be used as an effective argument for closing the branch mint whose contribution to circulating coinage did not justify its operating costs. As the high consumer prices on the frontier confirmed the importance of the silver dollar as a circulating medium of exchange, the officials at Carson City allocated the majority of their silver bullion to that denomination. Although quarter production at the facility would increase dramatically in 1876 and 1877, in 1878, just as the mint was entering the glory days of the Bland-Allison Act and the Morgan dollar, the last 996,000 quarters emerged from its presses.

Despite their meager production levels, the CC-mint Seated quarters saw widespread and heavy circulation on the frontier. The low mintage issues of the early 1870s were, of course, the hardest hit by this commercial attrition. The 1870-CC is easily the rarest collectible issue in the entire Seated quarter series.

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


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Price Guide

Last Updated: 9/11/2015

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1870 CC 25C MS
Base $ 11500 15500 23000 30000 45000 62500 97500 245000 - - - - - - - - - - -
$ - - - - - - - - - - - - -

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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Total Graded: 26
Low Grade: PrAg
Average Grade: VF
High Grade: 64

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
7/12/2007 PCGS VF 25   Heritage Auctions 2007 Summer F.U.N. (July, West Palm Beach, FL) Signature Coin Auction #442, 442/Lot# 701 $32,200.00
5/30/2012 PCGS G 4   Stack's Bowers The June 2012 Baltimore Auction, 137/Lot# 2591 $12,337.50
9/25/2013 PCGS G 6   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(6), 1189/Lot# 6359 $11,162.50
6/1/2014 PCGS AG 3   GreatCollections GreatCollections Coin Auctions 06/01/2014, 198/Lot# 198459 $7,425.00
3/6/2015 NGC   Stack's Bowers March 2015 Portland ANA, 6103/Lot# 160 $35,250.00
8/12/2015 PCGS VG 8   Heritage Auctions 2015 August 12 - 16 ANA US Coins Signature Auction - Chicago Session(2), 1223/Lot# 4031 $10,281.25

NGC Registry

NGC Registry Score 1870 CC 25C MS
1870 CC 25C MS Prooflike
Registry Image Gallery

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