The 1870-CC Seated Liberty Quarter is one of the most sought-after coins in American numismatics. Minted in Carson City, Nevada, during the early days of the famous Carson City Mint, this quarter holds historical, monetary, and cultural significance. For collectors, it is a cornerstone piece due to its rarity and connection to the Wild West era.
The Carson City Mint and the Seated Liberty Design
1. The Carson City Mint
The Carson City Mint opened in 1870 to process the large quantities of silver and gold discovered during the Comstock Lode in Nevada. Coins bearing the “CC” mintmark are iconic, representing the rich mining history of the American West.
2. The Seated Liberty Design
Designed by Christian Gobrecht, the Seated Liberty design features Lady Liberty seated on a rock, holding a shield in her left hand and a staff topped with a liberty cap in her right hand. This design, introduced in 1838, symbolizes vigilance and freedom. The reverse showcases an eagle clutching arrows and an olive branch, representing readiness for war and peace.
Mintage and Rarity of the 1870-CC Quarter
1. Low Mintage Numbers
Only 8,340 of the 1870-CC Seated Liberty Quarters were minted. This limited production was due to the Carson City Mint’s early operational challenges and the low demand for quarters in the region at the time.
2. Survival Rate
Many of these coins entered circulation and were heavily used, resulting in a low survival rate. Today, it is estimated that fewer than 150 examples exist across all grades. High-grade specimens are exceptionally rare, making this coin a dream acquisition for collectors.
3. Condition and Grading
Most surviving 1870-CC Quarters are found in Good (G) or Very Good (VG) condition, with details worn from circulation. Coins in Extremely Fine (EF) or About Uncirculated (AU) condition are exceedingly scarce, and Mint State (MS) examples are nearly unattainable, often fetching astronomical prices at auction.
Value of the 1870-CC Seated Liberty Quarter
The 1870-CC Quarter’s value depends on its condition:
- Good (G): $5,000 – $8,000
- Very Fine (VF): $20,000 – $30,000
- Extremely Fine (EF): $50,000+
- Mint State (MS): Can exceed $100,000, depending on quality and eye appeal.
These prices reflect the coin’s extreme rarity and the high demand among collectors of Carson City coinage.
Key Features of the 1870-CC Quarter
1. Obverse Design
The obverse features Lady Liberty seated with a shield and staff. Thirteen stars encircle the design, symbolizing the original colonies. The date 1870 is prominently displayed below.
2. Reverse Design
The reverse depicts an eagle holding arrows and an olive branch, surrounded by the legend “United States of America” and the denomination “Quarter Dollar”. The “CC” mintmark below the eagle’s tail feathers identifies its origin at the Carson City Mint.
3. Specifications
- Composition: 90% silver, 10% copper
- Weight: 6.22 grams
- Diameter: 24.3 millimeters
- Edge: Reeded
Tips for Collecting and Preserving
1. Finding Authentic Examples
- Ensure the coin is authenticated by professional grading services like PCGS or NGC.
- Look for clear details on the “CC” mintmark, as counterfeits are common.
2. Proper Storage
- Store the coin in a protective holder to prevent damage.
- Keep it in a climate-controlled environment to avoid tarnishing or corrosion.
3. Acquiring Through Reputable Channels
Work with trusted dealers or participate in auctions to ensure you are purchasing a genuine 1870-CC Quarter.
Conclusion
The 1870-CC Seated Liberty Quarter is a treasure of American numismatics. Its rarity, connection to the Carson City Mint’s inaugural year, and historical importance make it a coveted piece for collectors. Whether you’re a seasoned numismatist or an investor, this coin is a remarkable asset that tells the story of the Wild West and America’s silver boom.
FAQs
Why is the 1870-CC Seated Liberty Quarter so rare?
With a mintage of only 8,340 coins and a low survival rate, this quarter is one of the rarest produced by the Carson City Mint.
What is the value of the 1870-CC Quarter?
Depending on condition, it can range from $5,000 in Good condition to over $100,000 in Mint State.
How can I authenticate an 1870-CC Quarter?
Use professional grading services like PCGS or NGC, and ensure the “CC” mintmark is genuine. Work with trusted dealers or auction houses.