1878-CC 50C Liberty Seated Half Dollar PCGS AU53

Please see below listing for relevant auction information

Helpful PCGS AU53 Price Information:

Collector's Universe: $9,500.

Coin Dealer Newsletter: $5,000.

Rarity for the Carson City specialist!

The year 1878 saw the focus in Carson City placed on striking the new Bland dollar (which came to be called the Morgan dollar) that had just been authorized by the Bland-Allison Act of February 1878. Since it was a small mint with limited capacity, production of half dollars and quarters were put on the back burner.

Writes Ron Guth, “Where Mint employees produced over a million Half Dollars in each of the previous three years, now they struck only 62,000 pieces. Thus, was created the second rarest CC-Mint Half Dollar. In circulated grades, the 1878-CC Half Dollar is readily available -- for a price. In Mint State, the 1878-CC Half Dollar is a true condition-rarity.” PCGS has graded 4 in AU53 with 21 finer.

The Carson City Mint, where this rarity was produced in 1878. Photo: Wikimedia Commons.

Relevant auction records: 

• 04/2015 HA @ $4,465. (#14280496)
• 08/2014 SB @ passed (#14280496 - reserve not met)
• 08/2012 SB @ passed (#14280496 - $7,500 reserve not met)
• 05/2001 SM @ $8,250. (--)