Most people wouldn’t think twice about a 20-cent coin. But what if I told you that one such coin—obscure, short-lived, and long-forgotten—sold for an astonishing $870,000 at auction? That’s not a typo. The rare 1876-CC 20-Cent Coin, minted in Carson City, Nevada, is one of the most elusive and valuable pieces in American numismatics. And yes, there’s a small chance you or someone you know might unknowingly own one.
In this deep dive, we’ll explore the incredible story of the 20-cent piece, its brief history, what makes the 1876-CC coin so rare, and how it rose to such immense value. Plus, we’ll highlight other valuable U.S. coins, offer a detailed table, share collector insights, and answer your top questions.
🪙 The 20-Cent Piece: A Brief History
The 20-cent coin, or “double dime“, was introduced in 1875 but discontinued by 1878, making it one of the shortest-lived denominations in U.S. history.
Why Was It Created?
- Goal: To alleviate the shortage of small change in the West.
- Problem: It closely resembled the quarter in size and design, causing massive confusion.
- Merchants and the public hated it. By 1878, the government abandoned the experiment.
Only four years of production. But in that brief time, a numismatic legend was born.
💎 The Star: 1876-CC 20-Cent Coin
The most valuable and sought-after 20-cent coin is the 1876-CC, minted in Carson City, Nevada.
🔍 Key Facts:
- Only 10,000 were originally struck.
- Nearly all were melted down due to lack of demand.
- Fewer than 20 examples are believed to exist today.
- The finest known specimen, graded MS-66, sold for $870,000 at a Stack’s Bowers auction.
Why So Rare?
- Most of the 1876-CC coins never reached circulation.
- They were destroyed in bulk.
- Collectors of Carson City coinage (which has cult status) prize this coin above all others.
📊 Table: Key U.S. 20-Cent Coins and Their Value
| Year | Mint Mark | Mintage | Surviving Population | Estimated Value (MS-60 or above) |
|---|---|---|---|---|
| 1875 | None (Philadelphia) | 1,155,000 | Common | $150–$500 |
| 1875-CC | CC | 133,290 | Moderate | $1,000–$8,000 |
| 1875-S | S | 1,155,000 | Common | $200–$600 |
| 1876 | None | 15,000 | Scarce | $600–$3,000 |
| 1876-CC | CC | 10,000 | Less than 20 known | $100,000–$870,000+ |
| 1876-S | S | 24,000 | Rare | $2,000–$20,000 |
| 1877 (Proof only) | None | 350 | Very Rare | $4,000–$15,000 |
| 1878 (Proof only) | None | 600 | Rare | $2,000–$10,000 |
📦 Where to Look: Could You Have One?
It’s unlikely—but not impossible. Here’s how to check your collection:
✅ Step-by-Step Guide:
- Look for a 20-cent denomination on the reverse. The coin is slightly smaller than a quarter.
- Check the date: Is it 1876?
- Look just below the eagle on the reverse side for a mint mark:
- “CC” = Carson City = Extremely rare
- If it says 1876-CC, stop everything—you may have a life-changing find.
💡 Tip: Even damaged or worn specimens of 1876-CC coins can still fetch six figures.
🧠 Why the 20-Cent Coin Failed (But Succeeded as a Collectible)
Despite its failure as currency, the 20-cent coin became a cult favorite among collectors because of:
- Its short lifespan
- Minting variety
- Its association with the Old West and Carson City
The Carson City Mint (CC) in particular is legendary due to its limited production and proximity to silver mines.
💼 How the $870,000 Coin Was Found and Sold
The most famous 1876-CC specimen was:
- Graded MS-66 by PCGS
- Verified as the finest known
- Sold at a Stack’s Bowers auction for $870,000
It came from a private collection and was meticulously preserved, showing full luster and strike clarity.
🧭 Other Rare Coins That Could Be in Your Collection
If you’re a casual coin saver, check for these potential treasures:
| Coin | Year | Value Range | Notes |
|---|---|---|---|
| 1943 Copper Penny | 1943 | $100,000–$1.7M | Minted by mistake during steel penny era |
| 1955 Doubled Die Lincoln Cent | 1955 | $1,000–$50,000 | Double image due to die misalignment |
| 2004 Wisconsin “Extra Leaf” Quarter | 2004 | $100–$2,500 | Agricultural error variant |
| 1982 No Mint Mark Dime | 1982 | $1,000–$5,000 | Philadelphia mint forgot “P” mark |
| 2000 Sacagawea/Washington Mule | 2000 | $50,000+ | Wrong obverse/reverse combo |
💰 How to Get Your Coins Appraised
Think you found a gem? Don’t rush to eBay. Here’s what to do:
Trusted Grading Services:
- PCGS (Professional Coin Grading Service)
- NGC (Numismatic Guaranty Company)
Steps:
- Use a magnifying glass to inspect.
- Handle coins by the edges only.
- Photograph and record details.
- Submit to a grading service or visit a certified coin dealer.
📘 Conclusion: The Hidden Power of Change
The 20-cent coin had one job—to simplify commerce. Instead, it became one of the greatest blunders and biggest treasures in U.S. Mint history. Today, that short-lived denomination fuels dreams and auctions, with the 1876-CC 20-cent coin leading the charge at $870,000.
Could you be the next person to find one? If you’ve inherited coins, shopped estate sales, or hoarded loose change—you owe it to yourself to take a second look.
Because in the world of numismatics, it’s not just about face value—it’s about the story, rarity, and fortune behind the coin.
❓ FAQs About the 1876-CC 20-Cent Coin and Other Rare Finds
1. Why was the 20-cent coin discontinued so quickly?
It was too similar in size and design to the quarter, confusing both merchants and the public.
2. How can I tell if I have a rare 1876-CC 20-cent coin?
Look for the “CC” mint mark below the eagle on the reverse and the 1876 date on the front.
3. Are all 20-cent coins valuable?
No. Only certain years and mint marks—especially Carson City issues—are worth significant money.
4. What does “MS-66” mean?
It’s a coin grading designation that means Mint State, with a nearly flawless surface and high luster. The higher the grade (up to MS-70), the more valuable the coin.
5. Where can I sell a valuable coin like this?
Through trusted auction houses like Heritage Auctions or Stack’s Bowers, or via certified coin dealers who specialize in rare U.S. coins.
