The 1873-CC Seated Liberty Half Dollar: No Arrows is one of the most fascinating coins in U.S. history. Its rarity, historical context, and distinct design make it a centerpiece in the world of numismatics. Minted at the famous Carson City Mint, this coin represents a significant moment in U.S. coinage during a transitional period in monetary history. With only a few known examples, the 1873-CC No Arrows Half Dollar is a true treasure for collectors.
Historical Background
In 1873, the U.S. Mint made adjustments to its coinage to reflect changes in the standard weight of silver coins. These changes, brought about by the Coinage Act of 1873, affected the design of the half dollar. Coins minted before the change, such as the No Arrows variety, were produced without the small arrow symbols on either side of the date. After the weight adjustment, new coins included arrows to indicate the change.
Design Features of the 1873-CC No Arrows Half Dollar
The Seated Liberty Half Dollar design was introduced in 1839, created by Christian Gobrecht. The design remained in use for several decades with minor variations.
Obverse Design
- Liberty Seated: The obverse features Liberty seated on a rock, holding a pole with a liberty cap in her left hand and a shield in her right, symbolizing freedom and defense.
- Date: The year “1873” is inscribed below Liberty’s figure, with no arrows beside it.
- Stars: Surrounding Liberty are 13 stars, representing the original 13 colonies.
Reverse Design
- Eagle: The reverse showcases an eagle with outstretched wings, clutching an olive branch and arrows in its talons, symbolizing a balance between peace and readiness for defense.
- Mint Mark: The “CC” mint mark below the eagle indicates the coin was struck at the Carson City Mint.
- Denomination: The coin bears the words “HALF DOLLAR” at the bottom.
Why Is the 1873-CC No Arrows Half Dollar So Rare?
The 1873-CC Seated Liberty Half Dollar: No Arrows was produced in very small quantities. Mint records indicate that approximately 4,000 coins were struck before production ceased to accommodate the new weight standard. Of these, only a handful are believed to have survived, as most were melted down following the Coinage Act of 1873.
Value of the 1873-CC No Arrows Half Dollar
The value of this coin is directly tied to its rarity and condition. Graded coins can fetch astronomical prices due to the scarcity of surviving examples.
- Good (G-4): Even in heavily circulated condition, the coin can be worth $50,000 to $75,000.
- Fine (F-12): A coin in better condition may fetch $150,000 or more.
- Uncirculated (MS-60): While no known examples exist in mint condition, such a specimen could potentially sell for over $1 million.
Collecting the 1873-CC No Arrows Half Dollar
Due to its rarity, the 1873-CC No Arrows Half Dollar is not a coin most collectors will find easily. However, for serious numismatists, acquiring this coin is a lifelong goal.
Tips for Collectors:
- Authenticate Before Purchase: Counterfeits of this coin exist. Always buy from reputable dealers or auctions.
- Grading Is Crucial: The coin’s grade significantly affects its value. A certified coin from PCGS or NGC is preferred.
- Preservation: Keep the coin in a controlled environment to prevent damage or further wear.
Conclusion
The 1873-CC Seated Liberty Half Dollar: No Arrows is a testament to the rich history of U.S. coinage. With its limited mintage, connection to the Carson City Mint, and role in the transitional period of U.S. currency, it is one of the most coveted coins in numismatics. Whether you’re a seasoned collector or just beginning your journey, this coin represents the pinnacle of American numismatic treasures.
FAQs
What makes the 1873-CC No Arrows Half Dollar so rare?
The coin is rare due to its low mintage of approximately 4,000 coins, most of which were melted down after the Coinage Act of 1873.
How much is the 1873-CC No Arrows Half Dollar worth?
Its value ranges from $50,000 in lower grades to potentially over $1 million if a mint-condition example is discovered.
Where was the 1873-CC No Arrows Half Dollar minted?
This coin was minted at the Carson City Mint in Nevada, as indicated by the “CC” mint mark on its reverse.