LOT Old Heritage Auctions  /  2007 Summer F.U.N. Sig. Coin Auction #442  / 

701

1870-CC 25C VF25 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:22,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1870-CC 25C VF25 PCGS.
<B>1870-CC 25C VF25 PCGS.</B></I> A single set of dies were employed to produce the 1870-CC Seated quarter. The minuscule mintage of 8,340 pieces is the second lowest in the entire series behind the 1873-CC. However, the 1873-CC is considered non-collectible as most of the mintage was melted shortly after striking and today only 5 examples are known to exist. As such, the 1873-CC is unobtainable by most collectors, and by default the 1870-CC the most challenging regular issue in the Seated quarter series. Breen relates in his <I>Complete Encyclopedia</B></I>: "CC-mint coins 1870-73 are of great rarity in all grades, because issues were deliberately kept limited for political reasons by official policy emanating from the Philadelphia Mint – which limitation was in turn urged as reason for abolishing the Carson City branch!" For collectors today, the limited production of 1870-CC quarters presents a problem. Unfortunately, that difficulty is exacerbated by the fact that few coins of this issue were saved and all examples known today are well-circulated, save for a solitary MS64 graded by NGC, which is the Eliasberg specimen. This piece shows deep gray-olive toning over both sides with the highpoints only slightly lighter in hue. Even wear on each side, there are a few shallow field marks to the right of Liberty. Population: 4 in VF25, 22 finer (6/07).<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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