William B. Wetmore Collection - S.H. & H. Chapman 6/1906 - J.M. Clapp - John H. Clapp - Clapp estate, 1942 - Louis E. Eliasberg, Sr. Bowers & Merena 4/1997:1495, $187,000
According to Rusty Goe, Carson City coin expert, the attribution of this coin to the Harlan P. Smith Collection is incorrect. This was an error in the Clapp notebook, as no 1870-CC Quarter Dollar appeared in Chapman Brothers’ sale of the H.P. Smith collection. The Wetmore sale took place the day after the Smith sale and contained an 1870-CC Quarter Dollar that sold for $10, the exact amount recorded in the Clapp notebook.
The plate coin in “The Comprehensive Encyclopedia of United States Liberty Seated Quarters” by Larry Briggs
Richmond Collection - David Lawrence 3/2005:1471 - Rusty Goe - Battle Born Collection - Stack’s/Bowers 8/2012:11091, $184,000 - Eugene H. Gardner Collection - Heritage 5/2015:98354, $188,000
Though it is not the rarest of the Seated Liberty Quarter Dollars, the 1870-CC ranks right near the top. Anyone interested in collecting coins from the Carson City Mint knows how difficult it is to locate an example of this date. Prices are high, even for low grade coins, and values escalate in the AU range. Only one Mint State example has been positively identified, that being the NGC MS64 Eliasberg example which sold for a record price of $187,000 back in 1997. To illustrate how rapidly values have increased for this date, in 2012 a PCGS AU55 example sold for $184,000 (which begs the question: What is the MS64 worth today?).
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