August 2024 Global Showcase Auction – 12 - 23 August 2024
Ancient and World Coins and Currency
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
Description
Low Mintage 1878-CC Eagle
1878-CC Liberty Head Eagle. AU-53 (PCGS).
Warm honey-apricot color blankets surfaces that retain much of the original, satiny texture. The strike is a bit soft over the high points of the central devices, as often seen in survivors of this issue, but a lack of all but light wear provides a suitably bold appearance overall. None of the scattered abrasions are singularly distracting to the eye or out of context with the assigned grade. Although by early 1878 the Carson City Mint had played its part in the stockpiling of subsidiary silver coinage as mandated by the 1875 Specie Payment Resumption Act, eagle production remained low. Little of the gold bullion mined in the nearby Comstock Lode was deposited for coinage and, in any event, the newly introduced Morgan silver dollar was the focus for the coiners in Carson City. Only 3,244 pieces were struck for the 1878-CC eagle, Q. David Bowers' 2012 estimate of 60 to 90 coins extant squaring quite nicely with the 60 to 75 pieces put forth by PCGS CoinFacts. Rusty Goe (2020) suggests 75 to 85 survivors. The best the market can usually muster for an 1878-CC eagle is a VF or low end EF, making the offered AU-53 coin particularly desirable. Mint State survivors are unknown apart two grading events on the NGC Census: MS-60 and MS-61.
PCGS# 8681. NGC ID: 265K.
From the Srotag Collection.
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Bidding
| Price realized | 21'000 USD |
| Starting price | 1 USD |
| Estimate | 25'000 USD |
