1872-CC Seated Liberty Dime

The branch mint in Carson City, NV opened for business in 1870. This came at a time of great monetary uncertainty in the years following the end of the Civil War, particularly in the East and Midwest, where silver coins were hoarded by the public as a reaction to those troubling times.(1)

The story in the American West was different. Coinage circulated freely throughout the region. Because of the hoarding, there was no need for the Carson City Mint to strike large quantities of coins and ship them eastward. Consequently, small mintages of dimes were produced and remained in western states where they received heavy use. It wasn’t until the mid-1870’s that Carson City coinage flowed toward the Atlantic in appreciable numbers.(2)

The 1872-CC is one of the “Big Four” of the Seated Liberty dime series. The others are the 1871-CC, 1873-CC (with arrows), and the 1874-CC. All are very rare and have been under heavy pressure from collectors for more than a century.  Not surprisingly, all four earned a place in our Key Date List of recommendations.

An 1872-CC Seated Liberty dime in any grade is a highly desirable acquisition, one that is sure to please its owner who has an expectation of healthy price gains in the years ahead. Specimens in grades higher than EF-40 are extraordinarily rare.

Estimated survivors in all grades: 200
? The survivor estimate from PCGS represents an average of one or more experts' opinions as to how many examples survive of a particular coin in all grades. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Learn more at PCGS.
PCGS Rarity Scale: 7.0
? The 'PCGS CoinFacts Rarity Scale' assesses the relative rarity of all U.S. coins, based on estimated surviving examples. The scale runs from 1.0 to 10.0. The higher the number, the rarer the coin.
Learn more at PCGS.
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Sources

1. Stack's Bowers Galleries.  1872-CC Liberty Seated Dime.  Aug 2012 Auction.

2. Stack's Bowers Galleries.  1872-CC Liberty Seated Dime.  Aug 2012 Auction.

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Coin images by Stack's Bowers Galleries.