The 1871 CC Seated Liberty Dollar is a highly coveted coin among collectors and numismatists. This coin, produced in the Carson City Mint, is part of the Seated Liberty series, which is known for its distinctive design and historical significance. The 1871 CC Seated Liberty Dollar is particularly notable due to its limited mintage and the historical context of its production. If you’re interested in learning more about this rare and valuable coin, this article will break down the key aspects of the 1871 CC Seated Liberty Dollar, including its history, features, value, and more.
Introduction to the Seated Liberty Dollar
The Seated Liberty Dollar was first introduced in 1840, and it remained in circulation until 1873. These coins were made in several different mints across the United States, but the ones minted in Carson City (marked with a “CC” mintmark) are the most desirable among collectors. The 1871 CC Seated Liberty Dollar is especially sought after due to its rarity, making it an important part of U.S. coin history.
Key Features of the 1871 CC Seated Liberty Dollar
The 1871 CC Seated Liberty Dollar has several distinct features that set it apart from other coins in the Seated Liberty series:
- Design: The obverse (front) of the coin features a seated Liberty holding a shield and a flagpole, while the reverse (back) depicts an eagle with outstretched wings, carrying arrows and an olive branch.
- Mintmark: The mintmark “CC” stands for Carson City, Nevada, where the coin was produced. This mintmark is placed on the reverse side of the coin beneath the eagle.
- Composition: The 1871 CC Seated Liberty Dollar is made of 90% silver and 10% copper, which gives it a shiny, metallic appearance.
- Size and Weight: The coin has a diameter of 38.1 mm and weighs about 26.73 grams, which is standard for U.S. silver dollars of the time.
History of the 1871 CC Seated Liberty Dollar
The Carson City Mint, where the 1871 CC Seated Liberty Dollar was struck, was established in 1859 and was primarily known for producing silver coins. During the late 19th century, Carson City was at the center of a silver mining boom, and many of the coins minted here were made from locally mined silver. However, due to the high cost of silver production and the economic instability of the time, the Carson City Mint closed in 1893, making coins minted here, like the 1871 CC Seated Liberty Dollar, even more rare and valuable.
The Rarity and Value of the 1871 CC Seated Liberty Dollar
The rarity of the 1871 CC Seated Liberty Dollar is what makes it so valuable. The U.S. Mint produced only a limited number of Seated Liberty Dollars each year, and the coins from the Carson City Mint were even more scarce. As a result, the 1871 CC Liberty Dollar is one of the most sought-after coins by collectors.
- Mintage: The total mintage for the 1871 CC Seated Liberty Dollar was just over 200,000 coins, a relatively small number compared to other years. However, many of these coins were worn down through circulation, which further increases the rarity of well-preserved examples.
- Condition: Coins in better condition, such as those with little wear or damage, are considered more valuable. A coin that has been graded as “Mint State” can fetch a much higher price than one that has been heavily circulated.
- Value: The value of the 1871 CC Seated Liberty Dollar can vary greatly depending on its condition. Coins in lower grades may be worth several hundred dollars, while those in excellent or uncirculated condition can be worth thousands of dollars. The highest prices are typically seen at auctions, where collectors compete for the opportunity to own one of these historic coins.
How to Identify the 1871 CC Seated Liberty Dollar
Identifying an 1871 CC Liberty Dollar involves looking for the “CC” mintmark on the reverse of the coin. If you’re purchasing the coin, it’s important to have it authenticated by a professional to ensure you’re getting an original. There are many counterfeit coins in circulation, so proper verification is essential for any serious collector.
Conclusion
The 1871 CC Liberty Dollar is a remarkable piece of American history and numismatics. With its striking design, limited mintage, and rarity, it continues to be a sought-after coin for collectors. Whether you’re a seasoned numismatist or a beginner, understanding the features and history of this coin is crucial for any collection. If you ever come across an 1871 CC Seated Liberty Dollar, make sure to verify its authenticity and consider its value in the marketplace. This coin not only holds monetary value but also tells a story of the American minting process during the 19th century.
Table of this Coin
Here’s a detailed table about the 1871 CC Seated Liberty Dollar:
Attribute | Description |
---|---|
Coin Type | Seated Liberty Dollar |
Mintmark | “CC” (Carson City Mint) |
Year of Minting | 1871 |
Obverse Design | Liberty seated on a rock, holding a shield and a pole with a liberty cap |
Reverse Design | Eagle with outstretched wings, holding arrows and an olive branch |
Diameter | 38.1 mm (1.5 inches) |
Weight | 26.73 grams (0.866 ounces) |
Composition | 90% Silver, 10% Copper |
Mintage | 200,000+ coins |
Mint Location | Carson City, Nevada (CC Mintmark) |
Value (Average) | Ranges from $500 to over $5,000, depending on condition |
Rarity | Very rare, especially in higher grades |
Condition Considerations | Coins in “Mint State” (no wear) are valued the highest |
Market Demand | High demand among collectors due to its historical significance and rarity |
Authenticity Check | Look for the “CC” mintmark on the reverse side of the coin, or have it certified by a professional numismatist |
This table summarizes the important aspects of the 1871 CC Seated Liberty Dollar, offering insights into its design, composition, rarity, and how collectors value the coin.
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FAQs
1. What is the value of an 1871 CC Seated Liberty Dollar?
The value depends on the coin’s condition, rarity, and market demand. In general, these coins can range in value from a few hundred dollars to several thousand dollars.
2. How can I tell if my 1871 CC Seated Liberty Dollar is real?
To verify if your coin is authentic, check the “CC” mintmark on the reverse. It’s also wise to have it authenticated by a professional numismatist or coin grading service.
3. Why is the 1871 CC Seated Liberty Dollar so valuable?
The 1871 CC Seated Liberty Dollar is rare due to its limited mintage, the historical significance of the Carson City Mint, and the scarcity of well-preserved coins.
4. Where was the 1871 CC Seated Liberty Dollar minted?
The 1871 CC Seated Liberty Dollar was minted in Carson City, Nevada, at the Carson City Mint.
5. Can I find the 1871 CC Seated Liberty Dollar in circulation today?
It’s highly unlikely to find an 1871 CC Seated Liberty Dollar in circulation today. Most surviving coins are in the hands of collectors and dealers.