Coin Specifications

Category: Liberty Head $10 (1838-1907)
Mint: Carson City
Mintage: 5,908
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 16.7200g
AGW: 0.4837oz
Melt Value: $722.23 (10/23/2019)
Diameter: 27mm
Edge: Reeded
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1870 CC $10 MS obverse 1870 CC $10 MS reverse
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Description & Analysis

On January 6, 1870, the Carson City Mint opened its doors for bullion deposit and coinage. Over the next 23 years, the facility would produce some of the most popular and romanticized coins in U.S. history. While there are numerous scarce coins among the branch mint's silver and gold deliveries, the 1870-CC is undoubtedly the rarest eagle struck in Carson City. This issue also surpasses the celebrated 1870-CC double eagle for top rarity honors among all CC-mint gold coins.

Gold coin production at the Nevada branch mint began with a delivery of 1,644 eagles on February 14. A further 4,264 coins would follow before the end of 1870 for a total mintage of only 5,908 pieces. While the 1872-CC, 1873-CC, 1876-CC, 1877-CC, 1878-CC, and 1879-CC have lower mintages, far fewer 1870-CC examples have survived in all grades. It is probable that the entire 1870-CC delivery was placed directly into circulation in and around Carson City at the time of production. Most of the coins remained in domestic channels until they were destroyed or heavily worn. As such, it is little wonder that the 1870-CC is legendary for its condition rarity as well as its absolute rarity.

In his book Gold Coins of the Old West: The Carson City Mint 1870-1893, Winter asserts that there are no more than 30 1870-CC eagles extant in all grades. Even the lower mintage 1879-CC (1,762 pieces produced) boasts a surviving population of 35-45 coins. In high grade, the distance between the 1870-CC and its closest competitors widens even more. While the second place 1873-CC (4,543 pieces produced) has a surviving population of 7-10 coins at or above the XF level, the 1870-CC is known to the extent of only 6-8 pieces in the same grades.

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: 4/19/2019

Click on a price to see historical prices, comparison charts and trends.

1870 CC $10 MS
  GVGFVFXF505355586061626364656667686970
Base $ - - 40300 54500 63000 91000 97500 195000 200000 - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 32
Low Grade: F
Average Grade: 40
High Grade: 55

The chart showing F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series.
NGC CENSUS DETAIL Last Updated: 10/22/2019 1870 CC $10 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---2577533------------32
-----------------------
-----------------------
-----------------------
Total---2577533------------32
 ---6 %16 %22 %22 %16 %9 %9 %------------ 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/19/2006 NGC F 12   Teletrade Auction 2288, 2288/Lot# 2935 $12,880.00
6/17/2010 NGC F 12   Stack's Bowers The June 2010 Baltimore Auction, 41/Lot# 3757 $9,200.00
1/29/2012 PCGS XF 45   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 1747 $48,300.00
2/22/2013 PCGS AU 53   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 2179 $70,500.00
5/8/2014 NGC MS 65   Heritage Auctions Weekly World and Ancient Coin Auction Session(1), 231420/Lot# 62237 $145.70
9/7/2016 PCGS VG 10   Heritage Auctions 2016 September 7 - 11 Long Beach Expo US Coins Signature Auction - Long Beach Session(5), 1239/Lot# 5703 $32,900.00
2/22/2018 PCGS VF 35   Heritage Auctions 2018 February 22 - 26 LB Expo US Coins Signature Auction - Long Beach Session(2), 1272/Lot# 4278 $66,000.00


NGC Registry

NGC Registry Score 1870 $10 MS CC Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base4712492851515997667388959927107731213712885138481441315068157451644517167179131868219476202942113722006
4784500254336222741392391020911227123861320614036146311529315978166851741518169189461974820575214260
000000102091122712386132061403614631152931597816685174151816918946197482057500
000000104911168212635135271422414849155191621116926176641842519211200212085600
1870 $10 MS CC
 PrAgGVGFVF4045505355586061626364656667686970
Base4523473249495771642885919597104231175512485134261397814619152811596516672174021815518932197332055921411
459248045223599071498926987210867119981279813610141911483915509162001691517653184141919920008208430
00000098721086711998127981361014191148391550916200169151765318414191992000800
000000101471131112241131121379414405150601573716436171581790418673194662028300
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