1872-CC






General Comments

1872-CC is a desirable date in the Liberty Seated dollar series because of both its low mintage and its Carson City mintmark. Its mintage is considerably higher than its cousins, the 1871-CC and 1873-CC, and it seems to be much more readily available.

As the first edition of our book was being written it appeared that a small hoard of this date was being disbursed. We have no knowledge of the source, but auctions in the 2015-2016 timeframe included multiple examples of the date. Heritage auctioned more than 40 examples in 2015, and a similar number in 2016, with frequent appearances continuing into early 2017. The supply seemed to dry up in early 2017. Most of the coins had at least minor problems. The frequency of appearance during 2015-2016 is much higher than any other time during the past 10 years. Prices softened during this period, but now appear to have stabilized. Those wishing to acquire the date would be wise to act soon. Previous appearances of CC hoards have depressed prices briefly, but they always rebound quickly. The CC mintmark seems to have a magical effect on collectors.

Finding problem-free 1872-CC examples requires patient searching. High-grade examples are rare but available. Less than 30 are known in all grades of mint state. The finest known examples are MS65. Both PCGS and NGC have graded one example at this level. NGC shows three additional examples in MS64, one with a plus designation. Itís likely that these five very choice to gem records represent at most 4 coins. Four more coins have received a MS63 grade, and 6 have graded MS62.




Mintage 3,150
Proof mintage None
Mintage ranking 9th
Finest known MS65
Known obverse dies 1
Known reverse dies 1
Known die marriages 1
Most common die marriage OC-1/ R3+
Rarest business strike die marriage OC-1/ R3+
The population reports show over 75 coins in various AU grades. This figure exploded over the past 4 years as coins from the hoard noted above were submitted and re-submitted. Our best guess is that less than 50 coins exist in AU, possibly as few as 30-40.

Problem-free low-grade examples, less than VF20, are scarce. As with most Carson City issues they werenít well cared for. Most low-grade coins have some issues. However, the population reports show that nearly 90 currently exist in problem-free slabs. These certainly include a significant number of re-submissions. Population statistics are as of February, 2019.

1872-CC examples are usually found with strikes that are good but not sharp. As with most CCs LIBERTY is often weaker than would be expected for the grade. They often display slight softness on the star centrals and hair detail, and very slight softness on the wing feathers. High-grade examples are almost always prooflike or semi-prooflike. Due to the low mintage the dies didnít wear enough to eliminate their prooflike appearance.

1872-CC Die Marriages


OC-1 is the only known die marriage. The reverse die is transitional. It was first used in 1870 to strike die marriages OC-1 and OC-2. It was unused in 1871, but brought out again in 1872 to strike the entire mintage for the year.

Click the links below to view the details of the OC-1 die marriage.

Die Marriage
Rarity
Obverse Die
Reverse Die
Estimated Survivors
OC-1 R3+ 1 1870-CC A 250

1872-CC Emission Sequence

With only one die marriage the emission sequence isn't terribly interesting.

Emission Order
Die Marriage
Comments
1 OC-1

1872-CC Quick Finder Chart

With only a single die marriage known the quick-finder keys should be used primarily to verify that examples are genuine.

Die Marriage

Obv Die

Rev
Die

Right
Base of 1

1 Vertical

Keys

OC-1 1 1870-CC A R QTR VSH Obverse: RB of 1 is R QTR. Date is VSH and slants VS down.
Reverse: Wide CC. A line drawn under the mintmarks intersects the top edge of the O in ONE.


Photo credits:

Obverse and reverse full photos:   1872-CC NGC MS64, ex. Gene Gardner, from the Heritage archives.


Copyright © 2015, by Dick Osburn and Brian Cushing, All rights reserved.