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3034

1871-CC $20 XF45 PCGS....

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

 
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Offers to date: $25,806 on May 16, 2010
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Auction Ended On: Feb 6, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Elusive 1871-CC Double Eagle, XF45
1871-CC $20 XF45 PCGS. Variety 1-A. In Gold Coins of the Carson City Mint, Doug Winter rates the 1871-CC as the second rarest Carson City double eagle. Most sources report the mintage of this issue as 17,387 pieces, but recent research by Rusty Goe indicates a smaller number may have been produced. Winter estimates a surviving population of 200-250 specimens, with most examples seen in the VF-XF grades. Coins of this date and denomination circulated readily in the Western areas of the country; high-grade examples are quite rare today. Even Harry Bass settled for a nice XF45 example of this date, after turning down several lesser pieces.
The surfaces on virtually all 1871-CC double eagles are heavily abraded. The present coin is typical in this respect, with numerous small abrasions distributed about both sides. The one really noticeable scratch is on the obverse field, out between stars 2 and 3. The surfaces are a pleasing reddish-gold color, with good eye appeal for the grade. Population: 42 in 45, 30 finer (1/09).(Registry values: N1793) (NGC ID# 26AB, PCGS# 8961)

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