Seated Liberty dime rarity in Heritage January sale

Seated Liberty dime rarity in Heritage January sale

A novel 1873-CC Seated Liberty, No Arrows Mint State 65 coin from Professional Coin Grading Service will be part of an already introduced distinctive 1870-S Seated Liberty half coin at Heritage’s Florida United Numismatists auctions January 11-16 at January 2023.

The coveted Carson City Mint problem was supplied a decade in the past at Stack’s Bowers Galleries on the August 7, 2012, American Numismatic Society World Coin Fair in Philadelphia from the Battle Born Collection the place it realized $1.88 million. In that providing it was described as having “full luster, satin to soft frost surfaces further embellished with subtle reddish gold and powder blue accents in isolated peripheral areas”, with cataloger Jeff Ambio praising its hanging razor sharp.

Now supplied as a part of the Prestwick Collection, Part II.

Heritage notes that it’s rarer than extra fashionable points such because the 1894-S Barber coin or the 1913 Liberty 5 cent coin.

Rusty Goe calls it the “King of Carson City Coins” in his not too long ago revealed first quantity Safe Carson City Coin Collector, writing, “Something stirred the embers of discontent among the ranks of employees at the Carson City Mint during the transition period in the spring of 1873, when the U.S. government replaced the “No Arrows” coins with ones that stopped the arrowheads on both sides. of their dates”. Goe wrote that the only 1873-CC Seated Liberty, No Arrows penny is the one extant instance of a single day’s manufacturing “in an isolated mint in a small village in a sparsely populated region of a country destined to become more famous for gambling than anything else…”

It survived a run of 12,400 1873-CC Seated Liberty, No Arrows dimes, delivered March 3, 1873, struck by the identical pair. Reverse analysis seen on the Mint mark as a barely curved diagonal crack line, beginning in the sector to the left of the primary C, passing by the middle and lengthening by the middle of the appropriate C earlier than branching off in the crown on the again.

Some students imagine that the only real survivor was from the set of 5 despatched to the Assessment Commission, though its manufacturing was additionally accompanied by employees turnover on the Carson City Mint on the time. The quantity first appeared in a May 1878 public sale, the place it was included amongst cash described as “1873 Old Style. CC Mint. Fine impression, with “Old Style” distinguishing it from the brand new obverse “Arrow.” The time period “Fine” is related to an total stunning impression, not essentially related to the concept of ​​a Fine 12 or Fine 15 grade coin with vital put on that collectors can use immediately.

Last coin to the end

Perhaps probably the most well-known earlier proprietor is Louis E. Eliasberg, Sr., who bought this coin on November 7, 1950. The buy accomplished the “Eliasberg Collection,” thought of probably the most full assortment of U.S. cash ever assembled, and offered for $550,000 in Bowers and Merena’s May 1996 choice supply from the Eliasberg properties. Adding to its attract is that it’s the solely Carson City Mint coin of any denomination that’s distinctive.

Goe questioned in his ebook whether or not one other may exist, reporting a number of false alarms in grading providers that included a second instance with the inhabitants report in error and that the coin supplied at one time was graded Mint State 64 by Numismatic Guaranty Co., inflicting additional confusion. The creator additionally complained {that a} seller did not bid on it in 2012, saying the coin is not “sexy enough” in phrases of its bodily look,” though Carson City Mint specialists and people who worth rarities might not. agree.

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