1875-CC $5 MS(PCGS#8337)
1875-CC $5 MS (PCGS#8337)
September 2005 Pre-Long Beach Auction #32
- Auctioneer
- Goldberg Auctioneers
- Lot Number
- 2459
- Grade
- AU50
- Price
- 7,763
- Lot Description
- Lot 2459 1875-CC $5 Liberty.NGC graded AU-50.Only 11,828 minted. Nice orange and gold toning. Pop 9; 22 finer. Only one mint state graded by NGC (PCGS # 8337) . Mintage for the "CC" half eagles began a gradual decline beginning in 1875, as double eagles dominated gold production at the mint. Furthermore, silver coinage too a significant hike in 1875 as the Treasury prepared for specie payment redemptions. Of the 11,828 half eagles struck at Carson City in 1875, a large majority were shipped out of state in obedience to Treasury orders. Very few have survived in grades approaching Uncirculated, suggesting meltdowns at some point in time. Estimated Value $8,000 - 9,000.