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PCGS Good Details 1870 CC Liberty seated dollar for sale historic coin $SOLD SOLD

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edited August 17, 2024 5:47AM in Buy, Sell, & Trade - U.S. Coins

SOLD

The "cleaning is very light mostly around the shield. Cool coin with a cool history..

The die marriage (combination) is 2E I believe. These can be found also in coin facts.

From Coin Facts and Q David Bowers:
Coinage Context

The Carson City Mint: This institution was established by the Act of March 3, 1863, which provided also for the appointment of a superintendent at $2,000 a year and an assayer, a Melter-refiner, and a coiner for $1,800 each annually.

The Comstock Lode, which was discovered in June 1859, was located approximately 15 miles away and for a time was America's richest silver bonanza. In addition, large quantities of gold were extracted from the earth in the district. (While over the years the Comstock Lode has been considered primarily as a source of silver, during the existence of the Carson City Mint the total face value of gold coins struck there was approximately equal to that of silver issues.)

The Carson City Mint was ready to do business in December 1869. Dies dated 1869 sent by the Philadelphia Mint were received at Carson City by October 21, 1869. How many were sent is not known; no inventory listing of 1869 and 1870 dies has been found." The 1869-dated dies were not used; the reverses were probably held for 1870 and later use.

The first Carson City Mint coins were silver dollars minted from 1870-dated dies on February 10, 1870, a quantity of 3,747 pieces. All were struck using a press made in Philadelphia by Morgan & Orr (see below). Each 1870-CC dollar bore the distinctive CC mintmark on the reverse.

On February 11th, Andrew Wright received the first delivery of CC dollars, a quantity of 2,300 coins. Wright, a watch-man or guard at the Mint, was undoubtedly entrusted with their safekeeping and/or paying them out. An additional three coins were saved for the Assay Commission.

Others then and later were shipped by horse-drawn wagon 30 miles over very rough roads to the railhead in Reno. Stored in cloth bags, the coins were extensively marked by the time they arrived at Reno, more so at their final destinations.

The 1870-CC is the first Carson City silver dollar issue. Many were saved as the first of their kind, largely retrieved from circulation. Close to 5% survive.

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