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

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5583
  • Grade:
    AU50
  • Price:
    $29,375.00
Lot Description
1874-CC 10C Arrows AU50 NGC. The Brian Greer series reference says that this issue is the "unquestioned key to the series (excluding the uncollectible 1873-CC No Arrows). Rare in any grade, and probably a full R.6 [very rare] in problem-free condition. Very few mint state pieces exist. Under intense demand and currently bringing well in excess of Trends prices, when available." Of course, the 1874-CC needs no introduction to the legions of Liberty Seated dime specialists eager to obtain an example. The mintage is recorded as 10,817 pieces, and all are from a single die pair. The obverse arrows slant noticeably upward, as with all Arrows issues from 1874. The same reverse die was used to strike all Carson City dimes from 1871 through 1874. A die crack begins to appear on some 1872-CC dimes and appears on all genuine 1873-CC and 1874-CC pieces. The reverse of this piece shows two die cracks, one through the right branch of the wreath through the ear of corn to the rim at about 2:30, the other from the right ribbon end through the center of the CC mintmark and beyond. The second die crack is the diagnostic found on every genuine example. Many 1874-CC dimes have some type of surface problem, but this piece shows few poststrike impairments. For example, this piece has some minor roughness within the wreath and elsewhere, appearing to be from die rust. The surfaces have intermingled iridescence on both sides with traces of underlying luster. There are only seven pieces graded finer at both services combined. Census: 3 in 50, 3 finer (11/12).
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