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So how rare really is the 1870-s 10C?

RealoneRealone Posts: 18,519 ✭✭✭✭✭
HLRC has one in AU53 grade for good money, are they as rare as he alludes? And I am also asking in all grades not just AU, I am aware of a supposed hoard discovered in recent times, I believe these might have been uncs or at the very least au and not a lot of them. Maybe someone here can fill me in on what I need to know.

Comments

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    The 1870-S is what I call a MUCH better date. I don't really know what constatutes RARE??

    A nice 1870-S is hard to find.
  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭
    1878-CC is much more scarce and desirable than the '70-S in all grades. The '70-S is not rare.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

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  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Interesting......I feel the 1878-CC is found more often than the 1870-S.
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  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    I would guess the 1870-s is scarcer than the 1878-cc, but the 1878-cc is probably easier to sell because of the high demand for CC coins. Thus, some may perceive it as being less available than it really is.

    The real problem with an 1870-s will be finding an attractive one in XF or better that has not been cleaned.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    I did a little research.....key word being little.....and the total pops on the 78-CC and 70-S are 126 and 54 respectively. And in xf40 the price list (PCGS) is 400 and 800 respectively. But like Ron stated the 78-CC is in more demand because of the CC and I doubt you can get a xf40 for 400.

    There are so many variables here. They are both very nice dimes to have in nice original mid grades or higher.
  • STONESTONE Posts: 15,275
    I believe one board member did/is working on a grade set of 1878-CC's in PCGS holders.
    This may have also contributed to a slightly inflated pop report for this date/mm!

    In general though I still think the 1870-S is rarer, hands down!
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Good point Winston. I forgot about that hoard of 78-CC's. I think there are 53 or 54 there.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    My studies in seated dimes decades ago showed the 70-s about 2x as rare in all grades as the 78-cc. And based on a 4X mintage differential that certainly makes sense.
    The tiny mintage of the 70-s dime has always given it safehaven status as a "rare" date even back in the 1960's and 1970's. But I found it to be more available than its price
    or mintage would indicate. Per 1974 coin world trends the 70-s only trailed the 60-0, 71-cc, 72-cc, 73-cc, 74-cc, and 85-s in price. Back then a good 73-cc arr was priced at 4X
    that of the 74-cc. How stupid was that? Some of the prestige a 70-s carries today is probably based on how it used to be perceived. And maybe some of that was that the 70-s
    was unknown in the half dime and quarter, and a major rarity in the dollar. Only the dimes and half dollars were produced in quantities. In gem unc I'd say the 78-cc is somewhat
    tougher than the 70-s with neither one of them being rarities. They are out there from time to time, unlike a gem 47, 48, 53-0 and other more interesting dates. I've never owned
    a 70-s dime as I felt the seated dimes offered many other dates with a bigger bank for the buck. But if you have the finest 70-s 10c known, then that I like. There are a number of
    seated dimes that are hard to find in AU that won't cost the money of a 70-s. The small hoard of unc 70-s dimes does make the known AU's a little less valuable. But as already
    mentioned, finding a nice problem free VF-AU is probably difficult. I just don't think an AU53 has all that much potential especially at >$2,000. This is not a must-certify date like a
    71-cc or 74-cc dime. While there may only be 2 PCGS AU's, I would guess that there are many more AU's uncertified out there. This is a slippery slope when it comes to circ seated pops.
    Pops work ok for uncs and finest knowns....not so well for the circs on semi-key and scarcer dates.

    If one compares say the 50,000 mintage of the 70-s dime to say a 72-s quarter (83,000) you'd think it was rarer. But mintages only tell half of the story. Survival is the other
    half. Either a bunch of those 72-s quarters were melted at the mint, or recorded as 73-s, or mintage was really 33,000...it's hard to explain the 83,000 figure and how few actually
    survive.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Another very informative post by roadrunner!

    Thanks for the info.
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  • ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    i have several 78-cc dimes, i would be glad to trade even up for 70-s dimes, there is a gentlemean in TX building a hoard, i know of two that were returned to him by a "fairly well known" TPG as possibly not even genuine coins, then sent to ANACS, and then this same TPG graded them.
    regardless of how many posts I have, I don't consider myself an "expert" at anything
  • They were returned as "No Descision/Refund" (not "Not Genuine") and then graded by ANACS where I paid for attribution. They remain in ANACS Slabs and no attempt to cross has been made at this time. They are the shatterered reverse in low grade and the CC is only faintly visible. I do have a few 78CC Dimes.

    image
    image
  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭
    "I do have a few 78CC Dimes." image Just a few? image

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

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