1879-CC $5 MS (PCGS#8349)
Spring 2023 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 5102
- 等级
- AU58
- 价格
- 118,647
- 详细说明
- Remarkable Near-Mint 1879-CC Half Eagle
Significant Condition Rarity
1879-CC Liberty Head Half Eagle. Winter 1-A. AU-58 (PCGS).
An exceptionally well preserved, nearly Mint State 1879-CC half eagle that ranks among the finest survivors of this scarce and conditionally challenging issue. The strike is razor sharp in virtually all areas; only the eagle's neck feathers exhibit mentionable softness. Attractive mint luster flows over both sides, and the surfaces display rich honey-orange color that testifies to the coin's originality. Generally smooth and definitely nice for the assigned grade, this premium quality coin is sure to attract strong bids.
Due to outlandish railroad tariffs, by the late 1870s it was more profitable for Nevada miners to send their bullion for coinage to the San Francisco Mint as opposed to the nearby Carson City facility. Carson City Mint expert Rusty Goe (August 2012) states that, "By 1879, Nevada's miners were already sending about 100 times as much of their gold to the San Francisco Mint than they were depositing in Carson City, and about 13 times as much silver." It is little wonder, therefore, that the Nevada branch mint produced so few gold coins of any denomination in 1879. The 1879-CC half eagle has a mintage of just 17,281 pieces, and it is scarce. Rusty Goe provides an updated (2020) estimate of only 235 to 270 survivors in all grades, just eight or nine of which are Uncirculated. The Fairmont specimen offered here is a newcomer to the market, and it is just shy of Condition Census. It is a significant rarity that would serve as a highlight in an advanced numismatic cabinet.
Provenance: From the Fairmont Collection - CAG Set.
PCGS Population: 13; 8 finer (MS-62 finest).
To view all items From the Fairmont Collection - CAG Set click here.
PCGS# 8349. NGC ID: 25X8.
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