The 1874-CC Coronet Head Gold $5 Half Eagle is a rare and valuable coin with a rich history. Minted at the Carson City Mint (abbreviated as CC), this coin is highly sought after by collectors and investors alike. It is known for its beautiful Coronet Head design and limited production, making it a treasured piece of American coinage history. Let’s explore the history, features, and significance of this special coin.
Overview of the 1874-CC Coronet Head Gold $5 Half Eagle
Here is a quick overview of the key details of the 1874-CC Coronet Head Gold $5 Half Eagle:
| Feature | Details |
|---|---|
| Mint | Carson City (CC) |
| Year | 1874 |
| Design | Coronet Head |
| Designer | Christian Gobrecht |
| Composition | 90% Gold, 10% Copper |
| Weight | 8.359 grams |
| Diameter | 21.6 mm |
| Mintage | 21,198 coins |
| Current Value | Varies greatly depending on condition, often over $10,000 |
1. History of the Carson City Mint
The Carson City Mint was established in 1870 in Carson City, Nevada. It played a crucial role in minting coins from the gold and silver mined in the region, especially from the Comstock Lode, a significant silver deposit. Coins from this mint, including the 1874-CC Half Eagle, are especially popular among collectors due to their CC mintmark, which signifies their origin from this historic mint.
2. The Coronet Head Design
The Coronet Head design on the 1874-CC Gold Half Eagle features Lady Liberty with a coronet (a small crown) inscribed with the word LIBERTY. Designed by Christian Gobrecht, the coin’s obverse (front) side showcases Lady Liberty’s profile, while the reverse (back) side displays a majestic eagle clutching an olive branch and arrows. This design is classic and represents the beauty of American coinage from the 19th century.
3. Gold Content and Composition
The 1874-CC Gold $5 Half Eagle is composed of 90% gold and 10% copper, making it a valuable coin both for its metal content and historical significance. Each coin contains 0.2419 troy ounces of gold, making it an attractive piece for both collectors and investors. Its gold composition and historical value often lead to a premium price in the market.
4. Low Mintage and Rarity
Only 21,198 pieces of the 1874-CC Gold Half Eagle were minted, making it a rare coin. Many of these coins were melted down or lost over time, further increasing its rarity. Today, finding an 1874-CC Half Eagle in good condition is quite difficult, which adds to its desirability among coin enthusiasts.
5. Value and Collectability
The value of an 1874-CC Gold $5 Half Eagle can vary greatly depending on its condition, grading, and provenance. Coins that are in excellent condition (such as uncirculated or mint state) can fetch prices exceeding $10,000 or even more at auctions. Even coins in lower grades are valuable due to their rarity and historical significance.
6. Investment Potential
The 1874-CC Gold Half Eagle is considered a good investment for those looking to diversify their portfolio with rare coins. Its combination of historical appeal and precious metal content makes it a stable asset. Investors who appreciate American history and the significance of the Carson City Mint often seek out this coin as a tangible piece of the past.
Conclusion
The 1874-CC Coronet Head Gold $5 Half Eagle is more than just a coin; it is a piece of American history that represents the gold rush era and the importance of the Carson City Mint. Its limited mintage, beautiful design, and high gold content make it a prized possession for collectors. Whether you’re an experienced numismatist or new to coin collecting, owning an 1874-CC Half Eagle is like holding a part of America’s rich heritage.
FAQ’s
Why is the 1874-CC Gold $5 Half Eagle so valuable?
The 1874-CC Gold $5 Half Eagle is valuable due to its low mintage, Carson City Mint origin, and high gold content, making it rare and collectible.
How much gold is in the 1874-CC Half Eagle?
The 1874-CC Half Eagle contains 0.2419 troy ounces of gold in its 90% gold composition.
Where was the 1874-CC Gold Half Eagle minted?
This coin was minted at the Carson City Mint in Carson City, Nevada, known for its role in minting gold and silver coins during the 19th century.
What is the Coronet Head design?
The Coronet Head design features Lady Liberty with a crown that reads LIBERTY on the obverse and a majestic eagle on the reverse.
Can I still find an 1874-CC Gold Half Eagle today?
Yes, but they are rare and often found through coin auctions or specialized dealers, usually at a high price due to their scarcity.