Press Release - May 3, 2006

Elusive Carson City Gold Eagle to be Offered at Auction!

Dallas, Texas: Although the Carson City Mint only produced gold and silver coins for a brief time, between 1870 and 1893, it has become one of the most storied and legendary mints in all of numismatics, primarily because of its association with America's "Wild West." Many of its issues are extremely scarce, adding to its legendary status.

"The Carson City Mint was actually shut down in 1885 and did not resume production again until 1889," said Greg Rohan, President of Dallas-based Heritage Auction Galleries. "As Rusty Goe noted in his excellent reference The Mint on Carson Street: 'From 1885 to 1889, when the Carson Mint was dark, certain mine owners from the Comstock region pledged to make deposits at the local facility if the Treasury would revive coining operations there. Yields on gold ore had been moderately consistent throughout the last six years of the 1880s, and by 1890 more than $1.5 million worth of gold had been deposited at Carson City, more than adequate to begin minting coins again.' When coinage continued in 1889, the Carson City Mint produced only silver dollars and double eagles. It was not until 1890 that half eagles and eagles were minted again."

"Out of a mintage of a mere 17,500 coins, this is the finest example of the date graded by either NGC or PCGS," Rohan said, "and the only example that has received the MS64 grade. Both sides have rich honey-gold color that is slightly lighter on the devices. All of the design details on both sides are sharply defined. In fact, we consider this example to be fully struck with every design element sharply detailed. The fields are fully reflective with excellent cameo contrast. The connoisseur of fine coinage will certainly appreciate this rare example, which maintains the highest level of aesthetic appeal."

Heritage Auction Galleries will offer the 1890-CC $10 MS64 PCGS in their upcoming Signature Auction, to be held May 31-June 3, 2006 as the official auctioneer of the Long Beach Coin, Stamp & Collectible Expo, at the Long Beach Convention Center, 100 South Pine Avenue, Long Beach, CA, 90802.

1890-CC $10 MS64 PCGS

Images, descriptions, and prices realized from all of Heritage's previous auctions are available in the Permanent Auction Archives at the Heritage website.

To reserve your copy of a catalog for any upcoming Heritage auction, please contact Nicole Jewell, c/o Heritage Auction Galleries, 3500 Maple Avenue, 17th Floor, Dallas, TX 75219, or call 1-800-872-6467, ext. 272.

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