The Carson City Mint opened for business in 1870. That year, it struck 11,758 silver dollars and 54,617 half dollars. From those figures, one might conclude that the 1870-CC dollar is rarer than its half dollar counterpart. But more dollars were set aside, and the 1870-CC half is certainly the greater rarity, as can be confirmed by both the NGC and PCGS Population reports. It is, in fact, the rarest Carson City half dollar issue.
The NGC population is a mere 2 with 6 graded higher.
Listed at $38,400 in the CDN CPG and $44,500 in the NGC price guide.
From a tiny mintage of just 751 pieces, the 1885 Liberty double eagle is a rare issue in all grades today. The small mintage was a consequence of contemporary Mint policy, which sought to reduce production of double eagles and increase the circulation of the five and ten-dollar denominations. The Philadelphia Mint followed this policy for much of the 1880s, and small double eagle mintages were the rule, rather than the exception, during this time period. Jeff Garrett and Ron Guth discuss the 1885 double eagle in their Encyclopedia of U.S. Gold Coins: “The mintage for the 1885 double eagle is among the lowest of all U.S. issues. Very few gold coins have a mintage below 1,000. It goes without saying that the date is extremely popular. The availability of Proof examples is the only thing keeping this issue from being extremely expensive. The Smithsonian lacks a circulation-strike example for this reason. It is estimated that there are fewer than 100 known in all grades.” The NGC population is 6 with 31 graded higher. Listed at $69,600 in the CDN CPG and $80,000 in the NGC price guide.
Offered at $63,300
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The 1863-S is even rarer than suggested by its production of 10,000 pieces. It is also a condition rarity, most likely because of the general unawareness of mint-marked coins and their relative scarcity until the 1893 publication by Augustus Heaton of his groundbreaking work Treatise on Coinage of the United States Branch Mints. By then, most of the remaining 1863-S tens were well-worn. Today, VF-XF coins are usually all that are encountered with AU pieces such as this among the finest examples available. In hand, this example is considerably lighter in hue and more lustrous than seen in our images. The NGC population is only 3 with 6 graded higher (only one of which is mint state).
Listed at $30,000 in the CDN CPG and $33,500 in the NGC price guide.
Offfered at $26,320
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S-44, B-33, R.1. One of the common 1794 varieties, this die combination is usually recognized at a glance by the die cracks on each side. The obverse is cracked through the 7 and 1, the lower hair curls, the left field, and along the outer edge of the cap to the border at 10 o’clock. The present example has minimal wear, evident on the hair curl above the ear. Its glossy surfaces are toned lavender-blue interspersed with mahogany-brown. An attractive representative with a slight lamination on the N in UNITED.
Listed at $13,300 in the CDN CPG and $12,500 in the PCGS price guide.
Offered at $11,700
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The New Orleans Mint struck a small mintage of 17,741 Liberty double eagles in the early part of 1861, on the brink of the Civil War. Noted gold specialist Doug Winter reports only 5,000 of those coins were struck before January 26, while the New Orleans Mint was still operating under federal authority. Another 9,750 examples were produced between January 26 and March 31, while the State of Louisiana was the governing authority. A final production of 2,991 specimens was achieved under the auspices of the Confederacy, before the Mint shut its doors on April 30. Although three obverse dies were sent to the New Orleans Mint, it seems all the coins were struck from the same die pair. Most of the coins show some weakness in the numerals of the date, toward the bottom. About one fifth of the surviving population features a strong date, with a die crack from the rim near star 2 to Liberty’s chin. Attempts have been made to determine which coins were struck first and which were produced by the Confederacy, but there is no general agreement at this time. Collecting double eagles was not popular in the 19th century, as the cost of assembling a collection of twenty dollar gold coins was prohibitive for most numismatists of the period. Little attention was paid to branch mint issues and the few wealthy collectors who did assemble date runs of large denomination gold coins usually preferred to order proof from the Philadelphia Mint to update their collection. As a result, few high-quality examples of the 1861-O were saved for numismatic purposes and no more than 150-175 specimens survive today in all grades. Most examples seen are in the XF40 to AU50 grade range. Winter notes, “Properly graded AU55 and AU58 coins are very rare, and I haven’t seen more than 3-5 with claims to an Uncirculated grade.”
In hand, this example looks far better than it shows in our images and it exhibits considerable luster and flash. The NGC population is 15 (one of which is designated “Star”) with 22 graded higher.
Listed at $72,000 in the CDN CPG and $75,000 in the NGC price guide.
Offered at $69,900 Delivered
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This issue is one of the rarest New Orleans twenties. After the first four emissions of double eagles from the New Orleans Mint (in 1850, 1851, 1852, and 1853), there were considerably fewer coins made in 1854, producing a major rarity in the Liberty double eagle series. Only 70 to 80 pieces are believed to be extant today in all grades, with most falling in the Very Fine to Extremely Fine level of preservation (Douglas Winter, Gold Coins of the New Orleans Mint, 1839–1909). Just a handful of Uncirculated survivors have been certified. The NGC population is 12 with 10 graded higher. In hand, this particular example is lighter in color, as well as considerably more lustrous and eye-appealing than seen in our images.
Listed at $74,400 in the CDN CPG and $72,500 in the NGC price guide.
Offered at $67,500
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In the early 1850s, substantial California Gold Rush bullion was shipped via Panama to the Philadelphia Mint for coining. The advent of the San Francisco Mint, and its emergence from growing pains, slowed the flood of West Coast bullion to a trickle by 1859. That year, Philadelphia struck only 43,597 double eagles, down from more than 2,000,000 pieces in 1851 and 1852. The few collectors of large denomination gold selected proofs, and the 1859 is nearly unobtainable in Mint State. Patience is required to locate any example, and when one appears in the marketplace, it is almost always in XF to AU grades. This particular example is noticeably more lustrous and attractive in hand.
Offered at $15,750 delivered
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The Liberty Head quarter eagle series commenced in 1840 with a production of 3,532 D-mint coins. The 1840-D is tied with the 1854-D for third-rarest among all Dahlonega quarter eagles, and is the rarest in AU50 and finer. This coin was struck from shattered dies, showing bisecting cracks on each side. As is so often the case, this coin is much more lustrous than seen in our images. The NGC population is 8 with 8 higher.
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While the 1839-C is one of the more frequently encountered Charlotte quarter eagles, it is disproportionately popular because it is a part of the Classic series. Only 18,140 pieces were produced, and of that number it is estimated perhaps 300 to 400 examples are known today in all grades.
Offered at $8,400 delivered
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The 1892 double eagle is the last of the ultra-low-mintage dates in the Liberty Head series, struck to the extent of just 4,430 coins. Examples in any grade carry a premium over the common date, but this issue is especially rare in Mint State. A limited supply of About Uncirculated coins supplies the needs of most collectors. Sadly, you wouldn’t know it from our images, but this example is lustrous, flashy and semi-prooflike in appearance.
Offered at $12,100 delivered
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