The 1870-CC Coronet Head Gold $10 Eagle is one of the most coveted coins in American numismatic history. Struck at the historic Carson City Mint, this coin represents a fascinating era in the development of the United States, particularly during the gold rush years. With its rarity, historical significance, and connection to the Old West, the 1870-CC Gold Eagle is a gem for collectors and investors alike.
The History Behind the 1870-CC Coronet Head Gold Eagle
The Carson City Mint, located in Nevada, began operating in 1870 to process the vast quantities of gold and silver mined from the nearby Comstock Lode. Coins produced at the Carson City Mint, marked with the “CC” mintmark, are among the most sought-after due to their low mintage numbers and association with the western frontier.
Design Features of the 1870-CC Coronet Head Gold Eagle
The 1870-CC Coronet Head Gold Eagle is recognized for its intricate design, which is both artistic and symbolic of the era.
- Obverse Design:
The obverse features the classic Coronet Head design, depicting Lady Liberty facing left, wearing a crown inscribed with the word “LIBERTY.” Her hair is tied back, and the design is surrounded by 13 stars, representing the original 13 colonies. The year 1870 is displayed at the bottom. - Reverse Design:
The reverse shows a majestic bald eagle with a shield on its chest. The eagle holds an olive branch in one talon and arrows in the other, symbolizing peace and readiness for defense. The inscription “UNITED STATES OF AMERICA” arcs along the top, with the denomination “TEN D.” at the bottom. The “CC” mintmark is located just below the eagle. - Metal Composition:
The coin is composed of 90% gold and 10% copper, with a weight of approximately 16.72 grams and a diameter of 27 mm. Its gold content gives it significant intrinsic value.
Why the 1870-CC Coronet Head Gold Eagle Is So Valuable
The 1870-CC Gold Eagle’s value stems from a combination of its historical significance, rarity, and the allure of its connection to the American West. Here’s what makes it so special:
- First Year of Production:
The 1870-CC Gold Eagle is part of the inaugural coinage from the Carson City Mint, adding historical importance. - Low Survival Rate:
Out of the original mintage, fewer than 100 examples are believed to survive today, making it a true rarity. Coins in higher grades are exceptionally scarce. - Connection to the Old West:
Coins from Carson City are often romanticized as relics of the Wild West, tied to pioneers, miners, and gamblers who lived during this transformative period in American history.
Tips for Collecting the 1870-CC Coronet Head Gold Eagle
For those interested in acquiring this coin, here are some essential tips:
- Authenticate the Coin:
Due to its high value, the 1870-CC Gold Eagle is often counterfeited. Always purchase from reputable dealers or have the coin certified by professional grading services like PCGS or NGC. - Understand the Grading:
Coins graded AU (About Uncirculated) or MS (Mint State) are extremely rare and valuable. Even lower-grade coins hold substantial worth due to their scarcity. - Preservation is Key:
Store your coin in a secure, climate-controlled environment to prevent damage. Use high-quality protective holders or cases.
Conclusion
The 1870-CC Coronet Head Gold $10 Eagle is more than just a coin; it’s a piece of American history. As one of the earliest gold coins struck at the Carson City Mint, it holds tremendous value for its connection to the Old West and its rarity. Whether you’re a seasoned numismatist or a history enthusiast, owning this coin is like holding a tangible piece of America’s golden legacy. If you’re lucky enough to find one, you’ll be part of a select group who treasures this extraordinary artifact of U.S. coinage.
FAQs
Why is the 1870-CC Coronet Head Gold $10 Eagle so rare?
Its rarity is due to the low mintage of just 5,908 coins, combined with the fact that many were lost, melted down, or heavily circulated.
What makes Carson City Mint coins special?
Coins from the Carson City Mint are prized for their low production numbers, connection to the Old West, and historical significance.
How much is the 1870-CC Gold Eagle worth today?
The coin’s value depends on its condition, but even lower-grade examples can fetch tens of thousands of dollars, with higher grades reaching hundreds of thousands.