The 1872-CC Liberty Seated Dime holds a special place in U.S. numismatics, combining historical significance, rarity, and aesthetic appeal. Minted in the early days of the Carson City Mint, this coin is a prized collectible for those interested in 19th-century American coinage. This guide explores the history, design, mintage, rarity, and collector value of the 1872-CC Liberty Seated Dime, offering insight into why it remains a key piece for collectors.
Historical Background
The Liberty Seated Dime series was introduced in 1837 and continued until 1891, designed by Christian Gobrecht, the third Chief Engraver of the U.S. Mint. The design, featuring a seated figure of Liberty, symbolizes the ideals of freedom and prosperity.
The Carson City Mint, established in 1870 to process the vast amounts of silver discovered during the Comstock Lode, played a significant role in producing coins for the western United States. The 1872-CC dime is one of the earliest examples of dimes struck at the Carson City Mint, making it highly desirable to collectors. As a coin minted during a time of economic expansion and westward development, the 1872-CC Liberty Seated Dime reflects a vital period in American history.
Design Details
The obverse of the coin features Lady Liberty seated on a rock, holding a shield inscribed with “LIBERTY” in her left hand and a staff topped with a liberty cap in her right. She is surrounded by 13 stars, representing the original colonies, and the date “1872” is inscribed at the bottom.
The reverse of the coin displays the denomination “ONE DIME” encircled by a wreath of agricultural products, including corn, wheat, maple, and oak, symbolizing the bounty of America.
The “CC” mintmark, located beneath the wreath on the reverse, signifies the coin’s origin at the Carson City Mint. Coins from Carson City are highly sought after due to their limited production and historical significance.
Mintage and Rarity
The mintage of the 1872-CC Liberty Seated Dime was exceptionally low, with only 35,480 coins produced. The Carson City Mint, while significant, had much smaller production capabilities compared to its counterparts in Philadelphia, New Orleans, or San Francisco. Furthermore, many of these coins were lost, melted down, or heavily circulated, leaving only a fraction available in collectible condition today.
Surviving specimens are rare, particularly in higher grades. Most examples are found in Good (G) to Very Fine (VF) condition, with uncirculated examples being exceedingly scarce and commanding a premium at auction.
Collector Value
The value of an 1872-CC Liberty Seated Dime depends on its condition. Here’s a general breakdown:
- Good (G): $500–$1,000
- Very Fine (VF): $2,500–$5,000
- Extremely Fine (XF): $7,000–$10,000
- Uncirculated (MS-60 or higher): $20,000 or more
Due to its rarity, even low-grade specimens are in high demand. Coins with sharp details and minimal wear, especially those certified by professional grading services like PCGS or NGC, are particularly desirable.
Tips for Collecting the 1872-CC Liberty Seated Dime
- Buy Certified Coins: To ensure authenticity and accurate grading, always purchase coins that have been certified by trusted third-party grading services.
- Inspect the Mintmark: Verify the presence of the “CC” mintmark beneath the wreath on the reverse. Counterfeits and altered coins exist, so careful inspection is crucial.
- Focus on Eye Appeal: Coins with good luster, minimal wear, and clear details are more valuable, even if their technical grade is slightly lower.
- Research Pricing: Familiarize yourself with recent auction results and market trends to avoid overpaying for your coin.
- Store Properly: Use appropriate coin holders or slabs to protect your investment from environmental damage.
Why Collect the 1872-CC Liberty Seated Dime?
The 1872-CC Liberty Seated Dime offers a compelling combination of rarity, historical significance, and aesthetic appeal. Its status as an early Carson City issue, along with its low mintage and survival rate, makes it a standout coin in the Liberty Seated series. Whether you’re a seasoned collector or a numismatic enthusiast, owning an 1872-CC dime is a testament to your passion for American history and coinage.
Conclusion
The 1872-CC Liberty Seated Dime represents a fascinating piece of American history and is a cornerstone of any serious collection of Liberty Seated coinage. Its connection to the Carson City Mint and the silver-rich Comstock Lode adds to its allure. With proper research and care, acquiring this rare dime can be both a rewarding and valuable addition to your collection.
FAQs
Why is the 1872-CC Liberty Seated Dime so rare?
The coin had a low mintage of only 35,480 pieces, and many were lost or heavily circulated, making surviving specimens scarce.
How can I verify the authenticity of an 1872-CC Liberty Seated Dime?
Look for the “CC” mintmark beneath the wreath on the reverse and purchase coins certified by reputable grading services like PCGS or NGC.
What is the value of an 1872-CC Liberty Seated Dime in good condition?
Even in low grades, this coin can range from $500 to over $1,000 due to its rarity and demand among collectors.