The 1871-CC Seated Liberty Silver Dollar is one of the most coveted coins in American numismatics. Struck at the Carson City Mint (marked with the “CC” mintmark), this silver dollar is not only a rare piece of U.S. history but also a valuable addition to any serious coin collection. As a product of the mid-1800s, the Seated Liberty design is significant in American coinage and reflects both the artistic vision and the historical context of the era.
Historical Background of the 1871-CC Seated Liberty Silver Dollar
1. Carson City Mint and Its Legacy
The Carson City Mint, located in Nevada, was established in 1870 and became operational a year later. The mint’s primary goal was to refine the gold and silver found in the nearby Comstock Lode mines, which were among the largest and richest silver deposits in the world. The 1871-CC Seated Liberty Silver Dollar was struck during a time of great prosperity in the region, but the mint’s output was relatively low compared to other U.S. mints.
2. Seated Liberty Design
The Seated Liberty design, introduced in 1836, was used on a variety of U.S. coins, including half dollars, quarters, and silver dollars. The design was created by Christian Gobrecht, the Chief Engraver at the U.S. Mint at the time. On the 1871-CC Seated Liberty Dollar, Lady Liberty is depicted sitting on a rock, holding a shield in one hand and a branch in the other. Her posture symbolizes strength and hope for the nation’s future.
Mintage and Rarity of the 1871-CC Seated Liberty Silver Dollar
1. Mintage Numbers
The 1871-CC Seated Liberty Silver Dollar had a mintage of just 12,462 coins, making it one of the rarest Seated Liberty silver dollars produced at the Carson City Mint. Most of these coins were struck for circulation, and only a small number survived the years due to heavy use, melting, and the low survival rate of older coins in circulation.
2. Condition and Grading
The condition of the coin plays a critical role in determining its value. A coin in Good (G) or Very Good (VG) condition can fetch several thousand dollars, while a coin in higher grades, such as Extremely Fine (EF) or Mint State (MS), can see its value soar to tens of thousands of dollars. The 1871-CC Seated Liberty Silver Dollar is also highly prized in higher grades due to its rarity in such conditions.
Key Features of the 1871-CC Seated Liberty Silver Dollar
1. Obverse Design
The obverse of the 1871-CC Seated Liberty Silver Dollar features Lady Liberty seated on a rock, as mentioned earlier. The coin also includes a starry motif, with 13 stars surrounding Liberty, representing the original 13 colonies. The legend “LIBERTY” is inscribed above, and the date “1871” is positioned directly below Liberty.
2. Reverse Design
On the reverse, the eagle is central, with its wings spread wide, symbolizing power and pride. The eagle is surrounded by the inscription “UNITED STATES OF AMERICA” and the denomination “ONE DOLLAR”. The coin’s “CC” mintmark, found just below the eagle’s tail, indicates it was struck at the Carson City Mint.
The Value of the 1871-CC Seated Liberty Silver Dollar
The 1871-CC Seated Liberty Silver Dollar has a value that ranges from $1,500 to over $30,000 depending on its grade. In high-grade conditions, coins have been sold at auction for prices exceeding $50,000. Coins in uncirculated or near-uncirculated grades are extremely rare, making them highly valuable in the marketplace.
Conclusion
The 1871-CC Seated Liberty Silver Dollar is a rare and highly collectible coin, representing a significant period in U.S. coinage. With a low mintage, limited survival rate, and its association with the Carson City Mint, it remains a prized possession for collectors and investors alike. Whether you’re an enthusiast or a seasoned numismatist, owning an 1871-CC Seated Liberty Silver Dollar offers both historical and financial value, making it a coin worth seeking out for any collection.
FAQs
What makes the 1871-CC Seated Liberty Silver Dollar so rare?
The 1871-CC Seated Liberty Silver Dollar is rare due to its low mintage of only 12,462 coins and the scarcity of well-preserved examples.
How much is an 1871-CC Seated Liberty Silver Dollar worth?
Depending on the grade, the coin can be worth between $1,500 to $50,000 or more, with higher-quality examples fetching even higher prices.
What is the significance of the Carson City Mint?
The Carson City Mint is known for producing rare and valuable coins, and coins with the “CC” mintmark are highly sought after by collectors due to their limited mintage and historical importance.