The 1874-CC Seated Liberty Dime is a coveted coin for collectors, renowned for its historical significance and scarcity. Struck at the Carson City Mint, this dime is a valuable piece of 19th-century American numismatics. Its low mintage, unique “arrows” design, and connection to the Old West make it a centerpiece for both seasoned and novice coin enthusiasts.
The 1874-CC Seated Liberty Dime: Unique Features
The 1874-CC Seated Liberty Dime is distinctive for several reasons:
Arrows Design
The arrows at the date on either side of “1874” signify a change in the coin’s weight. From 1873 to 1874, the weight of dimes was adjusted from 2.67 grams to 2.5 grams due to changes in U.S. coinage laws. These arrows served as a temporary marker, appearing only for two years before being removed.
Low Mintage
The Carson City Mint struck only 10,817 dimes in 1874, one of the lowest mintages in the entire Seated Liberty Dime series. This makes surviving examples rare, especially in high grades.
Carson City Legacy
Coins with the “CC” mintmark are highly sought after due to their connection to the frontier era. The Carson City Mint operated from 1870 to 1893 and produced relatively small quantities of coins compared to other U.S. Mints, adding to the desirability of its issues.
Collectibility and Value
The 1874-CC Seated Liberty Dime is among the rarest dimes in U.S. history. Its value varies widely depending on condition and demand, but it is consistently a high-ticket item in the numismatic market.
Grading and Value:
- Good to Very Good (G-VG): Even heavily worn examples are worth $1,500 to $3,000 due to the coin’s rarity.
- Fine to Very Fine (F-VF): Coins with more visible details can fetch between $4,000 and $8,000.
- Extremely Fine to About Uncirculated (EF-AU): These coins, with minimal wear and sharper features, are valued at $10,000 to $20,000.
Key Factors Affecting Value:
- Condition: With such a low mintage, even heavily circulated coins are valuable, but higher grades significantly increase the price.
- Authenticity: Due to its rarity, counterfeit examples exist. Collectors should ensure the coin is certified by a reputable grading service such as PCGS or NGC.
- Historical Appeal: The Carson City connection and the arrows design add to its collectibility.
Identifying Authentic 1874-CC Dimes
Because of its value, it’s critical to authenticate an 1874-CC Seated Liberty Dime before purchasing. Here are some tips for identification:
- Mintmark: The “CC” mintmark is located beneath the wreath on the reverse. Look for clear, sharp letters.
- Arrows: Ensure that arrows flank the date on the obverse, confirming it’s the correct 1874 variety.
- Professional Grading: Certified coins are more reliable, with established provenance and grading accuracy.
Challenges in Finding the 1874-CC Dime
Survival Rates:
Out of the original 10,817 coins, only a fraction are known to exist today. Many were lost, melted, or heavily circulated in the 19th century. Experts estimate fewer than 200 examples remain in any condition, making it a rare find for collectors.
Tips for Collectors
- Focus on Quality: Even if you can’t acquire a high-grade example, look for coins with legible dates and mintmarks.
- Research Provenance: Coins with documented histories or previous ownership in major collections may hold additional appeal and value.
- Invest in Authentication: Always seek professional certification to ensure the coin’s authenticity and grade.
Conclusion
The 1874-CC Seated Liberty Dime is a gem of U.S. coinage, offering a blend of historical significance, rarity, and beauty. With its connection to the Carson City Mint and the Wild West, it stands as a testament to America’s rich numismatic heritage. For collectors, owning this dime is not just about its value—it’s about holding a piece of history.
FAQs
1. What makes the 1874-CC Seated Liberty Dime special?
The coin is rare due to its low mintage of just 10,817 pieces and its connection to the Carson City Mint. The “arrows” design further adds to its historical appeal.
2. How much is an 1874-CC Seated Liberty Dime worth?
Depending on condition, the coin’s value ranges from $1,500 for heavily circulated examples to over $30,000 for uncirculated specimens.
3. How can I ensure an 1874-CC Seated Liberty Dime is authentic?
Look for the “CC” mintmark on the reverse and arrows beside the date on the obverse. For certainty, purchase certified coins graded by PCGS or NGC.