The 1870 CC Coronet Head Gold $10 Eagle is one of the rarest and most coveted coins in the world of numismatics. Featuring intricate designs and rich history, this coin holds significant value among collectors. The $10 gold eagle was first minted in 1795 and remained in circulation until 1933. However, the 1870 CC Coronet Head Gold $10 Eagle stands out due to its unique minting and the scarcity of its production.
What is the 1870 CC Coronet Head Gold $10 Eagle?
The 1870 CC Coronet Head Gold $10 Eagle is a U.S. gold coin minted at the Carson City Mint in 1870. The “CC” mintmark indicates that the coin was produced in Carson City, Nevada, which was known for its high-quality gold production during the late 19th century. The Coronet Head design, which appears on the obverse of the coin, was created by artist James B. Longacre and was used on U.S. coins from 1849 to 1907.
The coin’s reverse features a bold eagle surrounded by a laurel wreath, signifying strength and resilience. These coins are often highly prized by collectors due to their limited production and unique features.
The History Behind the Coin
The Carson City Mint was established in 1870 to refine gold and silver discovered in the nearby Comstock Lode. The mint’s short lifespan (only operating from 1870 to 1893) and the low production of gold eagles during these years contribute to the rarity of the 1870 CC Coronet Head Gold $10 Eagle. Only a small number of these coins were struck, and many have been lost or damaged over time, making surviving specimens highly valuable.
Key Features of the 1870 CC Coronet Head Gold $10 Eagle
- Year Minted: 1870
- Mintmark: CC (Carson City)
- Metal Composition: 90% gold, 10% copper
- Weight: 16.718 grams (approximately 0.529 ounces)
- Diameter: 33 mm
- Designer: James B. Longacre (Obverse), William Barber (Reverse)
- Face Value: $10 (however, its collector value is much higher)
The 1870 CC Coronet Head Gold $10 Eagle is known for its elegant design and historical significance. The Coronet Head design on the obverse features Lady Liberty with a coronet (a type of crown) on her head. The reverse design showcases a large eagle with wings spread, holding arrows and an olive branch in its talons, symbolizing strength and peace.
Rarity and Value
The rarity of the 1870 CC Coronet Head Gold $10 Eagle makes it an important coin for collectors. The total mintage of the coin is not known for sure, but it is believed to be very low. Due to its rarity, high demand, and historical significance, the coin has fetched high prices at auctions. Depending on the condition and grade of the coin, prices can range significantly, sometimes reaching hundreds of thousands of dollars.
Here’s a general idea of how the coin’s price might vary depending on its grade:
| Coin Grade | Price Range (Approx.) |
|---|---|
| Good (G) | $20,000 – $40,000 |
| Very Fine (VF) | $50,000 – $80,000 |
| Extremely Fine (XF) | $100,000 – $150,000 |
| About Uncirculated (AU) | $200,000+ |
| Mint State (MS) | $300,000+ |
Collecting the 1870 CC Coronet Head Gold $10 Eagle
For collectors of U.S. coins, the 1870 CC Coronet Head Gold $10 Eagle is a prized possession. The coin’s history, design, and rarity make it an attractive item for those interested in numismatics. Owning one of these coins is a significant achievement for collectors and a valuable investment. However, due to its scarcity, finding one in good condition can be challenging, and collectors often need to participate in high-profile auctions to acquire this coin.
Where to Buy an 1870 CC Coronet Head Gold $10 Eagle
If you’re looking to buy an 1870 CC Coronet Head Gold $10 Eagle, you should be prepared to search through trusted dealers, auction houses, and reputable numismatic firms. Be sure to verify the authenticity of any coin before making a purchase, as there are counterfeit coins in circulation. Auction sites like Heritage Auctions and Stack’s Bowers often feature high-end coins like the 1870 CC Coronet Head Gold $10 Eagle.
Key Factors Affecting the Value
- Condition: The condition or grade of the coin plays a major role in determining its value. Coins that are well-preserved will be worth more than those that show signs of wear or damage.
- Rarity: As mentioned earlier, the 1870 CC Coronet Head Gold $10 Eagle is rare, and fewer coins remain in existence. Its limited availability drives its value.
- Historical Significance: The Carson City Mint’s history and role in the gold rush era add to the historical importance of this coin.
- Demand: High demand from collectors and investors will drive up the price of this coin over time.
Conclusion
The 1870 CC Coronet Head Gold $10 Eagle is not just a coin, but a piece of American history. Its rarity, unique design, and connection to the famous Carson City Mint make it one of the most valuable and sought-after gold coins in the world. Whether you’re a seasoned numismatist or a new collector, owning a piece of this coin’s rich legacy can be a rewarding experience.
As with any rare collectible, it’s important to do your research, buy from trusted sources, and ensure that you’re investing in a genuine, well-preserved coin. Over time, the value of the 1870 CC Coronet Head Gold $10 Eagle is expected to continue rising, making it a solid investment for those looking to build or expand their coin collection.
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FAQs
What is the 1870 CC Coronet Head Gold $10 Eagle?
The 1870 CC Coronet Head Gold $10 Eagle is a rare U.S. coin minted at the Carson City Mint in 1870. It features Lady Liberty on the obverse and an eagle on the reverse.
Why is the 1870 CC Coronet Head Gold $10 Eagle so valuable?
The coin is valuable due to its rarity, historical significance, and limited mintage. Coins in good condition can fetch high prices.
How much is the 1870 CC Coronet Head Gold $10 Eagle worth?
The coin’s value can range from $20,000 to over $300,000 depending on its condition and market demand.
Where can I buy an 1870 CC Coronet Head Gold $10 Eagle?
Trusted dealers, auction houses, and numismatic firms are good places to buy this coin. Always verify authenticity before purchasing.
What factors affect the price of the 1870 CC Coronet Head Gold $10 Eagle?
Key factors include the coin’s condition, rarity, historical significance, and market demand.