Price: P.O.R - - SOLD - 10/24/2013* Free Shipping and Insurance for coins at $10K or above.
1874-CC Half Eagle - 1874-CC $5 PCGS VF25 CAC. Here is an opportunity to acquire a rare date, Carson City Half Eagle. The reverse of this 1874-CC Half Eagle coin is extremely well preserved and shows wear in keeping with a grade of XF or higher. The mintmark and other details of the reverse are clear and easy to observe. Found in an OGH (old green holder), there are no marks on either side worthy of individual mention. The surfaces are a mixture of light and dark yellow-gold with the devices contrasting against the fields, more so on the reverse.
Authorized in 1863, the Carson City Mint began coinage in 1870 and continued until 1893. It was then operated as a government assay office until 1933 when it was closed as a cost cutting measure. During its operation the Carson City Mint made fifty-seven different types of gold coins. It also converted gold bullion and oar into gold bars which were shipped to San Francisco for coinage there. Originally established to convert silver from the Comstock Lode to coinage, the Carson City Mint also processed gold in to gold coins.
Between 1870 and 1873, mintage at Carson City was limited because of political reasons. The Mint Superintendent, H.F. Rice was dismissed because of claims that the mint issued some light weight and debased coins. Rice could have been executed. This partly verified information led to frequently seen edge test marks on the gold pieces of this period. Those who wanted the Carson City Mint closed use this discovery to urge the closing. Their real motive was that they wanted the lucrative shipping contracts to move the oar to San Francisco.
Christian Gobrecht designed the Liberty Head or Coronet half eagle. The coin shows Liberty facing left in profile wearing a LIBERTY inscribed coronet with her hair tied in the back with beads. Two long curls hang down her neck, one in the back and the other on the side. She is surrounded with thirteen six-pointed stars. The date is below the truncation, which shows no drapery. The motif is taken from a Benjamin West painting of Venus. It was also used with modifications for the Large Cents of 1839. The reverse shows a heraldic eagle with outstretched wing looking to the left. On its chest is the Union shield. In its talons it holds the olive branch and arrows. Except for the tips of the eagles wings UNITED STATES OF AMERICA surrounds the reverse, separated from the denomination FIVE D. by dots. Dentils are near the edge on both sides of the coin, and the edge is reeded. Type 2 was created when the motto IN GOD WE TRUST was added to a banner designed by James B. Longacre above the eagle in 1866. The change was made in response to pressure organized by the Reverend M.R. Watkinson.
In its population report, PCGS has certified 6 1874-CC half eagles in VF25 condition with 57 better. As of August 2012, CAC has confirmed 2 in VF25 condition with 10 better.
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