The 1875-CC Twenty-Cent Piece is one of the most fascinating coins in American numismatic history. Struck at the Carson City Mint, this coin is unique not just for its short-lived denomination but also for its historical significance and rarity. Let’s dive into what makes this coin so special and why collectors cherish it today.
The History Behind the 1875-CC Twenty-Cent Piece
The idea of a 20-cent coin was championed by Nevada Senator John Percival Jones, who saw a need for such a coin in the western states. Back then, smaller denominations like the nickel and cent were not produced at branch mints, creating a gap in the market. The Twenty-Cent Piece, often called the “double dime,” aimed to solve this problem.
Production of this new denomination began on June 1, 1875, at the Carson City Mint. Senator Jones attended the ceremony, symbolizing his significant role in bringing this coin to life. In its first month, coiner W. Hy Doana struck 3,290 pieces before Levi Dague took over, producing the remaining 130,000 coins. This brought the total mintage at Carson City to 133,290.
Although Jones had high hopes for the Twenty-Cent Piece, it was overshadowed by coins produced at the larger San Francisco Mint, which had a broader service area. Unfortunately, the coin’s design and purpose didn’t resonate well with the public, and the denomination was discontinued after just a few years.
Market Value and Rare Examples of the 1875-CC Coin
Despite its relatively high mintage compared to other locations, the 1875-CC Twenty-Cent Piece is considered one of the most valuable and sought-after coins for collectors. Several high-grade specimens have appeared at auctions, fetching significant premiums.
Notable Coins and Auction Highlights
Here is a table summarizing some of the most notable 1875-CC Twenty-Cent Pieces and their auction prices:
Coin Grade | Auction Lot | Auction Price | Date of Auction | Details |
---|---|---|---|---|
NGC MS67* | Heritage Auctions, Lot 2296 | $80,500 | April 30, 2009 | Vivid toning, top-grade example |
PCGS MS66+ CAC | Heritage Auctions, Lot 5008 | $51,700 | April 23, 2015 | Green, blue, and red toning |
PCGS MS66 CAC | Heritage Auctions, Lot 3078 | $52,800 | May 3, 2023 | Strong CAC grade and vibrant toning |
PCGS MS66 CAC | Heritage Auctions, Lot 30338 | $49,937.50 | June 2014 | Toned with beautiful aquamarine hues |
PCGS MS65 CAC | Coin World Ad, Legend Numismatics | $45,000 | April 2009 | Toned, market price estimate |
Each coin tells its own story through its condition, toning, and auction history, making them exciting treasures for collectors.
Specifications of the 1875-CC Twenty-Cent Piece
Here are the key details about this fascinating coin:
Specification | Detail |
---|---|
Country | United States |
Year of Issue | 1875 |
Denomination | Twenty Cents |
Mintmark | CC (Carson City) |
Mintage | 133,290 |
Composition | 90% Silver, 10% Copper |
Weight | 5 grams |
Diameter | 22 mm |
Edge | Plain |
Obverse Designer | William Barber |
Reverse Designer | William Barber |
Quality | Business Strike |
These specifications add to the coin’s charm and make it a unique addition to any collection.
Why Collectors Love the 1875-CC Twenty-Cent Piece
The 1875-CC Twenty-Cent Piece stands out for several reasons. First, its historical connection to the Carson City Mint and Nevada Senator John Percival Jones adds depth to its story. Second, its limited production and short-lived existence make it a rare and valuable collectible. Finally, the unique toning and grade of individual coins create opportunities for collectors to own a truly one-of-a-kind piece of history.
Conclusion
The 1875-CC Twenty-Cent Piece is more than just a coin—it’s a slice of American history. Its creation, production, and eventual discontinuation reflect the challenges of introducing new denominations. For collectors, owning one of these coins means preserving a piece of the past that tells a story of innovation and ambition.
FAQ’s
What is the 1875-CC Twenty-Cent Piece?
The 1875-CC Twenty-Cent Piece is a rare coin minted at the Carson City Mint in 1875. It was part of a short-lived denomination created to fill a gap in coinage for the western United States but was discontinued after just a few years due to low demand.
Why is the 1875-CC Twenty-Cent Piece so valuable?
The coin is valuable because of its rarity, limited mintage, and historical significance. High-grade specimens, especially those with unique toning, can sell for thousands of dollars at auction, making it a highly sought-after item for collectors.
How many 1875-CC Twenty-Cent Pieces were minted?
A total of 133,290 1875-CC Twenty-Cent Pieces were minted. Despite the relatively high mintage for its time, the coin’s short lifespan and low circulation make it rare and highly collectible today.