The world of numismatics is filled with coins that tell stories of history, rarity, and immense value. Among these, the 1873-CC Liberty Seated Dime stands out as a remarkable example.
This coin, minted in Carson City, Nevada, has captivated collectors and investors alike, fetching prices as high as $552,000 at auction. Let’s delve into the details that make this dime a numismatic marvel.
Historical Context
In 1873, the United States Mint underwent significant changes, including the introduction of arrows on either side of the date on certain coins to indicate a modification in weight.
The Carson City Mint, operational from 1870 to 1893, produced coins with the “CC” mint mark, which are now highly sought after due to their limited mintage and historical significance.
Design and Specifications
The Liberty Seated Dime features Lady Liberty seated on a rock, holding a shield and a pole with a Phrygian cap, symbolizing freedom. The reverse showcases a wreath encircling the denomination. The 1873-CC dime comes in two primary varieties:
- No Arrows: Minted before the weight change, these are exceedingly rare.
- With Arrows: Minted after the weight adjustment, these are more common but still valuable.
Rarity and Mintage
The 1873-CC No Arrows dime is unique, with only one known specimen in existence. This singular coin was sold at auction for $1,840,000 in 2012.
The 1873-CC With Arrows dime had a mintage of approximately 12,400 coins, but due to circulation and melting, far fewer exist today, especially in higher grades.
Auction Records and Value
The value of the 1873-CC Liberty Seated Dime has seen significant appreciation over the years. In 2012, the unique No Arrows variety fetched $1,840,000 at auction.
The With Arrows variety has also commanded impressive prices, with specimens in mint state conditions selling for up to $552,000.
Factors Influencing Value
Several factors contribute to the high value of the 1873-CC Liberty Seated Dime:
- Rarity: Limited mintage and survival rates make these coins scarce.
- Condition: Coins in mint state or with minimal wear are more valuable.
- Historical Significance: As products of the Carson City Mint during a pivotal time in U.S. coinage, they hold historical importance.
- Collector Demand: High demand among collectors drives up prices.
Key Details of the 1873-CC Liberty Seated Dime
| Feature | No Arrows Variety | With Arrows Variety |
|---|---|---|
| Mintage | Unique (1 known specimen) | Approximately 12,400 |
| Auction Record | $1,840,000 (2012) | Up to $552,000 |
| Design Change | No arrows beside the date | Arrows added beside the date |
| Weight | 2.67 grams | 2.50 grams |
| Composition | 90% silver, 10% copper | 90% silver, 10% copper |
Collecting the 1873-CC Dime
For collectors interested in the 1873-CC Liberty Seated Dime, it’s essential to:
- Verify Authenticity: Due to the coin’s value, counterfeits exist. Purchasing from reputable dealers and obtaining certification from recognized grading services is crucial.
- Assess Condition: Even slight differences in condition can significantly impact value.
- Understand Market Trends: Staying informed about auction results and market demand helps in making informed purchasing decisions.
The 1873-CC Liberty Seated Dime is more than just a coin; it’s a piece of American history and a testament to the artistry and craftsmanship of the 19th-century U.S. Mint. Its rarity, historical significance, and the stories it carries make it a prized possession for collectors and a marvel in the numismatic world.
