The 1873-CC Seated Liberty Dime, particularly the “No Arrows” variety, is one of the most coveted and fascinating coins in American numismatics. Struck at the Carson City Mint during a time of economic upheaval and experimentation with coin designs, the 1873-CC Seated Liberty Dime with no arrows represents a crucial moment in the history of U.S. coinage. In this article, we will explore the significance of this particular coin, why it’s so valuable, and what collectors should look for when adding it to their collection.
The 1873-CC Seated Liberty Dime with Arrows vs. No Arrows
The 1873 Seated Liberty Dime is unique because there are two different varieties produced that year: the “With Arrows” and the “No Arrows” versions. Both types were minted at the Carson City Mint (indicated by the “CC” mintmark), but they differ in the presence of arrows next to the date.
- With Arrows: The arrows were added to signify the weight reduction for dimes and half dimes, which was part of the Mint’s response to changes in the nation’s monetary policy. The arrows were placed on either side of the date, creating a distinct look for the coin.
- No Arrows: The “No Arrows” version is even rarer and more desirable for collectors. This variety was struck before the arrows were added, making it one of the last of the dimes to be minted at the old weight standard before the Mint’s decision to implement the new weight regulation.
Value of the 1873-CC Seated Liberty Dime: No Arrows
The 1873-CC Seated Liberty Dime, No Arrows, is a highly sought-after coin due to its rarity, historical significance, and unique characteristics. While the “With Arrows” variety is more common, the “No Arrows” variety is significantly rarer, which drives its premium price.
- Value: Depending on the coin’s condition, an 1873-CC Seated Liberty Dime, No Arrows, can be worth anywhere from a few thousand dollars to tens of thousands. Higher-grade specimens (those graded AU-50 and above) can command upwards of $50,000 or more, with some even reaching into the six-figure range if they are in mint state (MS) condition.
- Condition: Coins in better condition, with minimal wear on Lady Liberty’s features and the details on the reverse, are worth far more than those that are heavily worn or damaged. Coins with clear and sharp mintmarks, well-defined arrows (for the “With Arrows” variety), and little surface disruption are more highly valued by collectors.
Key Characteristics to Look For
Collectors interested in acquiring the 1873-CC Seated Liberty Dime, No Arrows, should focus on several key characteristics to ensure they are purchasing an authentic and high-value coin:
- Mintmark: The “CC” mintmark is located on the reverse side of the coin, near the bottom, between the wreath. Make sure it’s visible and clear.
- Arrowless Date: The distinguishing feature of the “No Arrows” variety is the absence of arrows next to the date. The 1873-CC No Arrows coin will not have any marks beside the numerals.
- Condition: As with any rare coin, the condition plays a huge role in determining value. Coins that have been well-preserved, with clear details and minimal wear, are much more valuable than those that are heavily worn or damaged.
Conclusion
The 1873-CC Seated Liberty Dime, No Arrows, is a fascinating and valuable piece of American coinage history. Its rarity, combined with its historical significance and the distinctive characteristics of the “No Arrows” variety, makes it a prized possession for serious collectors. If you’re lucky enough to find or own one of these coins, it’s important to understand its value and take great care in its preservation.
FAQs
1. What makes the 1873-CC Seated Liberty Dime “No Arrows” so valuable?
The 1873-CC Seated Liberty Dime “No Arrows” is valuable due to its rarity and historical significance. It was minted before the U.S. Mint added arrows to signify a weight change, making it a highly sought-after variety among collectors.
2. How can I tell the difference between the 1873-CC Seated Liberty Dime “With Arrows” and “No Arrows”?
The “No Arrows” variety lacks the arrows next to the date, which are present on the “With Arrows” version. This subtle difference makes the “No Arrows” variety much rarer and more valuable.
3. What is the value of an 1873-CC Seated Liberty Dime “No Arrows”?
The value can range from several thousand dollars for lower-grade examples to tens of thousands for high-grade specimens. Well-preserved coins can reach six figures at auction, depending on their condition.