1870-CC $20 -- Cleaned -- ANACS. AU Details. Variety 2-B....
Bid InformationFor your convenience, the bid information on this page automatically refreshes with the most up to date data so you don't have to refresh/reload this page.
Minimum Next BidBid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the Current Bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a Cut Bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment.
Internet bids are required only to bid the increment past the Current Bid, or more. Internet bids greater than one increment over the Current Bid can be any whole dollar amount.
It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
Number of BiddersThis number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions. At that point, any unmet Reserve will become both the price shown (with an asterisk) and the Minimum Next Bid, regardless of any previous bids.
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
This lot is being sold without a consignor reserve. (Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
What's This?The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.
BP - Buyer's Premium per LotA Buyer's Premium will be added to each successful bid. For this sale: 17.5% of the successful bid (minimum $14) per lot. Please see #2 in our Terms & Conditions.
Not SoldThis indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.
Opening Bid:Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
- Minimum invoice total is $2,500.
- Subject to a refundable 3% set-up fee, which will be paid as part of your 1st monthly installment. This fee will be refundable upon completion of the plan if the following conditions are satisfied:
- There is no penalty for paying off early.
- Non-dealers only
- With pre-approved credit application
- Get pre-approved by filling out a credit application.
- Bid normally and win some lots.
- When you get your electronic invoice, select "other" from the payment options.
Note: This offer may not be available on some items.
Terms and Conditions
Extended Payment Plan for Heritage Owned Inventory Items(excludes Virtual Bourse, Comic Market and Virtual Sports Show)
- Minimum invoice total is $2,000.
- Minimum down payment is 20%.
- There is no penalty for paying off early.
- Non-dealers only
SMS Alerts- Receive a text message approximately 35 lots ahead of your item being up for bidding at auction, with a link to bid in Heritage Live in the text message. Haven't registered? Visit MyProfile to sign-up for free by entering your mobile number. The green icon indicates Live Bidding Text Alerts are on for that lot. Live Bidding Text Alerts are only available for lots in live sessions.
Rarest Carson City Gold Coin
Seldom Seen in Any Grade
Abraham "Abe" Curry founded the town of Carson in the western portion of the Utah Territory in 1858, naming it for the Indian scout and explorer Kit Carson, a town that would later become known as Carson City. The famous Comstock Lode of silver and gold would be discovered the following year, in 1859, but it would be 1870 before the Carson City Mint would finally open for coinage operations.
On February 3, 1870, the Carson City Mint officially struck its first coins, silver dollars dated 1870-CC, as reported in the February 5 edition of the Daily Alta California newspaper. The founder of Carson City, Abraham Curry, served as the first superintendent of the new mint.
In keeping with the character of the Comstock Lode, the Carson City Mint would strike during its first year the largest three circulating denominations each in silver and gold -- silver quarters, half dollars, and dollars, along with gold half eagles, eagles, and double eagles.
The "1870-CC" date is a magical one for collectors, and no more so than when associated with the twenty dollar denomination, America's largest circulating denomination of the classic era of U.S. gold coinage. The 1870-CC double eagle has a noted and well-earned reputation as the most expensive among the Liberty Head double eagles. Curiously, the Carson City Mint required two die pairs to strike the pieces. Today it is estimated that no more than 45 or 50 examples survive in all grades -- a survival rate of 1.25% to 1.4% of the original mintage of 3,789 coins. Mint State examples of the 1870-CC double eagle are unknown.
An example with AU Details such as the present coin is bound to be the object of particular attention on the part of multiple bidders. The surfaces are bright, even yellow-gold, showing light wear consistent with the AU Details grade on each side. A few light marks in the field are as expected, but none are overt or, indeed, large enough to serve as pedigree identifiers.
Offerings of 1870-CC double eagles are infrequent, even at Heritage, and they are noteworthy. Searching back through our Permanent Auction Archives, we find that the last offering was an XF40 NGC-graded piece in our Dallas Signature (Heritage, 10/2012), lot 6210, which brought a hearty $193,875 after 11 distinct bidders joined in the fracas. The overall rarity of the issue make its by far the most elusive Carson City gold coin, and second within the Liberty Head double eagles only to the extremely rare 1861 Philadelphia Paquet issue.
We expect that this desirable, well-detailed, and eminently collectible 1870-CC double eagle will also rouse much collector attention at the auction block.(Registry values: N14284) (NGC ID# 26A8, PCGS# 8958)
Service and Handling Description: Coins & Currency (view shipping information)