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1872-CC Liberty Seated Dollar Coin of the week, 7-25-20

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14 years 3 months ago #1335 by Sierrabiker
1872-CC One Dol., CC Coin of the week 7-15-2010
The largest Silver Denomination produced by any Mint in the USA for Circulation, is the well known Silver Dollar.

Many of you have seen a Western Movie, where the Actor approaches a Bar, orders a Whiskey and throws one of the Dollars onto the Theke as payment. The Sound is mesmerizing!

In case of the year 1872 historic Events, The Drummer, just recently (7-4-2010) elaborated those Details and I don’t dare to rehash them. Great Job Michael!

Let’s rather concentrate on the specifics of the 1872-CC One Dol. Coin.
The Philadelphia Mint shipped only 2 obverses, but only one variety exits: top of 2 repunched. Widely spaced C C
Mintage:
Circulation Strikes: 3150 / Proofs: 0
Diameter: 38.1 Millimeter
Metal Content: Silver 90% / Copper 10%
Weight: 26.73 Grams
Edge: Reeded, Mintmark CC below the Eagle on the Reverse.
Designer: The Liberty Seated Dollar was designed by now world famous Christian Gobrecht. The Design features Liberty, sitting on a rock holding a liberty pole. On top sits a Phrygian cap.
In the western Province of the Roman Empire, the Phrygian cap came to signify Freedom and the pursuit of Liberty.

In terms of absolute Rarity among Carson City seated Liberty Dollars, the 1872-CC is outranked by 1871-CC and the 1873-CC.
Many were melted by April 1873, so for the Collector to acquire a piece, it’s usually in low grades. The Reverse is generally sharper struck than the Obverse.
Price Guide:
Numis Media, Fair Market Value.
G4 VG8 F12 VF20 XF40 AU50 AU53 AU58 MS60
1,560 2,220 3,150 4,060 6,840 10,630 13,440 20,440 27,190

Now, if you go to the Auction Prices on our C4OA Website you come up with this for the 1872-CC Seated Dollar:
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Notice the Nov-2004 Auction/Lot# DLRC-1501
The description of the Coin as well its Pedigree was provided by Rusty Goe at South Gate Coins. Thank you.

1872-CC Liberty Seated Dollar NGC MS-63
From the Richmond Collection Part 2 sold by DLRC on November 29,2004. The collection once belonged to Bradley Hirst from Richmond, Indiana. Mr. Hirst assembled an impressive collection of United States coins, similar, but not equal, in scope to the collection formed by Louis Eliasberg.

Before the Richnond Collection, it was sold under the Torok sale by Bowers and Merena in September 1998. At that time it was part of Dr. Nathan Sonnheim Collection of CC Liberty Seated Silver Dollars. Before that, this 1872-CC silver dollar sold in Spink’s September 1982 sale of the Carnegie Museum Collection for $3,750 (Interesting to say the least)
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This silver dollar displays Prooflike fields on the obverse, with mild contrast between the fields and the raised devices. The reverse is non-Prooflike, with satiny, frosted surfaces. The coin possesses an exceptional strike, with bold details on all raised devices. Raised die polish lines are visible thru the digits in the date. A small vertical scratch is visible below the mintmark, extending down to the E in ONE. A squiggly lint mark is visible in MS. Liberty’s gown.

The highest graded specimen is a lone MS-65 piece.
There are 2 or 3 pieces graded MS-64, several in MS-63 and 12-15
in grades MS-60 to MS-62.
Enjoy the hobby and keep on collecting these highly interesting
Numismatic Treasures.
Sierrabiker

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14 years 3 months ago #1336 by coindrummer
Nice post of a very special "CC" coin Sierra Biker!

As we know, the Carson mint struck seated silver dollars for only four years - 1870 through 1873. The 1871-CC $ is the lowest mintage of the four dates but the 1873-CC $ is the rarest. Despite the fact that the 1872-CC $ is more available than those two dates (and only slightly less available than the 1870-CC $), it's still a very rare coin and as you pointed out, is difficult to locate in high grade uncirculated condition.

Rarer still are the collectors who are lucky enough to own all four of the Carson City seated dollar dates.

Thank you for a very insightful article!

Michael the drummer

C4OA Lifer!

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14 years 3 months ago #1338 by Belayoff
Well done Sierra Biker !

I loved the way you began the article by bringing in the tactile sense of the coin, not just its academic virtues. There is no question that the solid, ringing tone of a US silver dollar tossed on a polished, hardwood bar would be unmistakable. The thought conjures up all kinds of great images for us collectors and history buffs alike. Again, well done.

I especially appreciated your well researched emphasis on the subject coin's pedigree. The individual history of a specific coin's life is perhaps the biggest piece of information that is always missing. Unfortunately, only a few of top graded coins in each type or classification have written histories.

Then, there is the subject coin itself...OMG! Biker, you've consistently blown the socks off your fellow C4OA members of late, particularly this humbled collector, with images and descriptions of the coins from your collection.

Congrats on another "Biker Monster" and, great job describing this very important Carson City issue.

Belay Off

C4OA Lifer!

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14 years 3 months ago #1352 by Sierrabiker
I'am clearly impressed with your skilled written expressions.
As English is my second tongue, I'm more dependend on my daughters
journalistic profession. Well said, Belay off!

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14 years 3 months ago #1353 by Sierrabiker
Thanks again, Drummer!
I'm looking forward to seeing you at the upcoming CC-Meeting this month!

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