1874-CC 10C Arrows MS(PCGS#4669)

March 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

10103

等级

MS63

价格

683,965

详细说明

Condition Census 1874-CC Dime PCGS MS-63 One of the Rarest Liberty Seated Issues 1874-CC Liberty Seated Dime. Arrows. Fortin-101, the only known dies. Rarity-7+. MS-63 (PCGS). This is a remarkable 1874-CC dime, an issue for which survivors are rare in all grades and typically found well worn and/or with significant surface impairments. Both sides of this Choice Mint State example exhibit razor sharp striking detail throughout the design. The original finish is intact, and the obverse has prooflike reflectivity in the fields while the reverse has a uniform satin texture. Lightly toned in a blend of olive-gray and golden-apricot iridescence, this highly attractive piece offers outstanding rarity and will appeal to advanced collectors of Liberty Seated and/or Carson City Mint coinage. Early Carson City Mint dimes are among the most difficult of the entire Liberty Seated design type to obtain at any grade level. There was next to no numismatic interest when the 10,817 examples of the 1874-CC entered circulation, and the coins remained largely in the Western states to serve the needs of the local community. By the time interest in mintmarked coinage grew, there were very few opportunities to acquire an 1874-CC dime in any grade, let alone at or near Mint State. Carson City Mint expert Rusty Goe estimates that only 35 to 50 pieces are extant and Dave Bowers wrote, "any example is a numismatic prize," in our August 2012 catalog for the Battle Born Collection of Carson City Mint Coinage. After only the unique 1873-CC No Arrows, the 1874-CC is the rarest Liberty Seated dime, and even the offering of a lightly circulated example with no impairments is a remarkable occurrence in today's market. In Mint State the 1874-CC is a legendary rarity, our research suggesting that there are only six coins extant at that level: 1 - PCGS MS-63. Ex our (Stack's) sale of the R.L. Miles, Jr. Collection, April 1969, lot 725; A.J. Vanderbilt Collection. The present example. 2 - PCGS MS-63. Ex Superior's sale of the Buddy Ebsen Collection, June 1987, lot 786; Superior's Pre-Long Beach Auction of February 2003, lot 1360; Superior's Pre-Long Beach Elite Coin Auction of September 2003, lot 1490; Heritage's sale of the Eugene H. Gardner Collection, Part II, October 2014, lot 98274. An MS-64 listed on the NGC Censusmay represent a recent upgrade for this coin, or that entry might refer to the Norweb specimen (see below). 3 - PCGS MS-62. Ex Waldo E. "Pat" Bolen, Jr.; the Numisma 95 sale (David W. Akers, RARCOA, Stack's) of the Waldo E. Bolen Collection of U.S. Dimes, November 1995, lot 2145; our (American Numismatic Rarities') Kennywood Collection sale, January 2005, lot 378; Rusty Goe, February 2005; the Battle Born Collection; our sale of the Battle Born Collection of Carson City Mint Coinage, August 2012, lot 11106. 4 - PCGS MS-62. Ex Superior's Miguel Munoz Collection Sale, Part IV, June 1982, lot 160; our (Stack's) sale of the Allen F. Lovejoy Reference Collection of United States Dimes, October 1990, lot 392; our (Stack's) Public Auction Sale of October 1997, lot 471; David Lawrence's sale of the Richmond Collection, March 2005, lot 1196; and our (Stack's) Treasures from the S.S. New York sale, July 2009, lot 407. This coin was previously certified MS-62 by NGC and is still listed on the census for that certification service. 5 - Mint State. Ex Numismatic Gallery (Abe Kosoff and Abner Kreisberg); Ben Stack (Imperial Coin Company); Ambassador and Mrs. R. Henry Norweb, acquired July 29, 1954; our (Bowers and Merena's) sale of the Norweb Collection, Part I, October 1987, lot 540; and our (Bowers and Merena's) Saccone Collection sale, November 1989, lot 157. This coin is listed on the PCGS CoinFactscensus of 1874-CC dimes with an estimated grade of MS-64. It may be the MS-64 listed on the NGC Census, or this piece may still remain uncertified in its current collection. 6 - Mint State. Nevada State Museum Collection. Besides the NGC MS-64 mentioned above, there is one other grading event for a Mint State 1874-CC dime that we cannot reconcile, and that is the third MS-63 listed on the PCGS Population Report. We believe that entry represents a resubmission of one of the previously enumerated examples. Earlier auction appearances for Mint State 1874-CC dimes include Numismatic Gallery's "World's Greatest Collection" sale and our (Stack's) Empire Collection sale of 1957. It is possible that those coins represent earlier appearances of one or more of the specimens enumerated above. It is significant that the Eliasberg Collection could muster only a VG-8 to represent this conditionally challenging issue, while the James A. Stack, Sr. Collection featured an EF. All 1874-CC dimes were struck from the same reverse that the Carson City Mint previously used to strike all 1871-CC, 1872-CC and 1873-CC Arrows dimes, as well as the unique 1873-CC No Arrows. A die crack through the CC mintmark appears on some 1872-CC coins and all examples dated 1873-CC and 1874-CC. Provenance: From the A.J. Vanderbilt Collection. Earlier from our (Stack's) sale of the R.L. Miles, Jr. Collection, April 1969, lot 725. Lot tag included. PCGS Population: 3; 0 finer. PCGS# 4669. NGC ID: 23BL. Click here for certification details from PCGS.