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1875-CC 20 Cents Coin of the Week, 5-8-2010

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14 years 7 months ago #1134 by Sierrabiker
1875-CC 20 Cents-CC Coin of the Week 5-8-2010

In recent months I have visited both Canada and Mexico and being from Switzerland I have grown up in a Metric Environment.

So it’s with pleasure to introduce to you my 20 Cents worth of knowledge about this odd Coin Series.

It was obviously an ill advised effort and the Program a total Flop!
The 2 years, 1875- CC and 1876-CC, 20 Cents was the shortest series off all the different Coins produced in Carson City. With the 1876- CC date, of course taking all the Glamour.

I came about this Coin by committing myself to build a 10 piece Carson City Type Set.
As it is with any visit to the Shrine, sooner than later you will find the Coin you cannot live with.

But I think it’s time to come clean. I bought this coin because of its eye appeal, rarity and I wanted it.
But at the time I didn’t look for:
Die Varieties and the history this significant Coin brings to the table.
But with any monetary decision I do, I hate to lose Money! Who doesn’t?

Today, thanks to Curry’s Chronicle, I know a few things more than then and I’m glad to report, I still consider myself a Value Collector/ Investor!
So for your enjoyment, this is what I came up with:

The 1875 CC 20 Cents had a Mintage Total of 133,290
Approx. Survival in all Grades: 7-10,000
Estimated uncirculated: 750-1250
PCGS MS-65:14 and I’m glad I got mine.
Do yourself a favor and visit the Book:
“The Mint on Carson Street.”

Rusty does an excellent Job in explaining the Details of this magnificent Coin which was produced under the Leadership of Mint Director James Crawford.
Thanks to the effort of then Senator John P. Jones, who introduced a Bill in Congress much to the Silver interests back home in my State of Nevada!
Promoters argued that a 20 cent coin was needed to ease monetary transaction in the western States, where goods were often priced in 10-cent increments.
Regardless, the 20-cent was a failure because the Consumers were confused. Almost same size and design as the Quarter Dollar!


My Coin,(Above)has a light golden toning. The word Liberty is clearly and strong displayed. But Liberty itself is flat, yes that too, but the Strike I mean is weak.
But look at that Eagle. Almost every Feather is visible!
I’m an Eagle lover and that Bird did it to me.

The PCGS MS?? Label also says Coin: 2 Does that mean it is registered as the Number 2 Coin in that Grad submitted? Possible?
Guess the Grade, I will add the Label when I'm back from Panama!

Tschuess enjoy,
O.K.the Sierrabiker!

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14 years 7 months ago #1137 by coindrummer
Hi Sierra Biker

Nice article on a great coin.....my grade guess of your coin: AU-55

Although not popular in its day, the short lived 20 cent coin run provides us with some interesting collectibles today.

If collectors decided to make a run on the 1875-CC 20 center (the most available in this 2-coin CC twenty-cent series)....the value would go to the sky. I'm glad that we already have ours. "CC" fans better get them while they can.

the drummer

C4OA Lifer!

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14 years 7 months ago #1138 by Belayoff
Biker,

A COOL LOOKING COIN NO MATTER WHAT THE GRADE. SINCE I JUST POSTED A LONG MESSAGE IN THE WEB SITE ABOUT NOT ASSESSING, BUYING, TRADING COINS OVER THE INTERNET...I HAD BETTER NOT STICK MY FOOT ANY FURTHER DOWN MY THROAT THAN IT ALREADY IS.

ALL GRADING ASIDE...YOU GAVE THE BEST REASON OF ALL FOR BUYING THE COIN...YOU WANTED IT!

BELAY OFF

C4OA Lifer!

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14 years 7 months ago - 14 years 7 months ago #1139 by LITAS

This is a coin that fulfilled it's designated purpose. It participated in many economic transactions and as a result lost some of it's weight. It started out from the mint at 5 grams (90% silver)but now it weighs only 4.35 grams. At today's prices it's silver value is about $2 and 35 cents. It's numismatic value is abou $100. Not much to brag about compared to the "pedigree" siblings.

At one time it must have been lost and spent some time in the soil (the environmental damage), however it was found and sent to the NGC for a holder. Now it is retired and can rest in peace. It is a genuine representative of the 133,290 mintage, one that accomplished it's job.

It was not treated with "kid gloves" and did not spend 135 years in some bank vault or a dresser drawer. Even now this coin can sit on my desk for all to see, there is no need to lock it up for it's safety. It was at the coin club for "show and tell" and helped to start interest in the Carson City coins. It's a keeper.

This coin was pampered all it's life. Very likely it spent most of it's existence in someone's safe. It too was sent out for grading. PCGS gave it MS-64 value and CAC put a sticker on it's holder. It is environmentally sound but not a perfect specimen. On the reverse the right wing of the eagle has a weak spot. If it were a real bird it would most likely reside in a bird sanctuary.

1875-CC 20 cents with full strikes are rare. Maybe one of our members will show us an example of a well struck specimen or even a semi-prooflike one.

John Armonas
Last edit: 14 years 7 months ago by LITAS.

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14 years 7 months ago #1140 by Belayoff
John

By the way, your well circulated coin is a lot closer to VG 8-10
than G. I can easily see the dentils and the inside rim definition.
The eagle's feathers are way too distinct for a G grade and so are the details of Ms Liberty and her robe.

But, at the end of the day...I'll take your "64" anytime.

Belay Off

C4OA Lifer!

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