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Lot
3036

1871-CC $20 AU55 NGC....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 6, 2009
Item Activity: 6 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Impressive 1871-CC Double Eagle, AU55
1871-CC $20 AU55 NGC. Variety 1-A. The 1871-CC Liberty Head, With Motto double eagle is generally acknowledged to be the second rarest twenty dollar gold piece produced at the Carson City Mint. It is extremely unlikely that anyone in the region served by this Western Mint was collecting branch mint double eagles in 1871. With no collectors to preserve chosen specimens of the date, virtually the entire mintage entered circulation and served as a much-needed medium of exchange in the regional economy. Today, nearly all examples seen are well worn and heavily abraded.
The present coin is an attractive example, with bright yellow-gold color and traces of red outlining the devices. The original surfaces show the usual number of abrasions for the grade. We mention the two most noticeable marks, one between stars 12 and 13, and the other beneath the eagle's left (facing) wing, for completeness. Census: 23 in 55, 27 finer (1/09).(Registry values: N1793) (NGC ID# 26AB, PCGS# 8961)

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