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Lot
4626

1873-CC $20 AU58 NGC....

2010 December Houston Signature US Coin Auction #1147

 
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Auction Ended On: Dec 3, 2010
Item Activity: 7 Internet/mail/phone bidders
467 page views
Location: George R. Brown Convention Center
1001 Avenida de las Americas
Houston, TX 77010
Description:
Noteworthy Near-Mint 1873-CC Twenty
1873-CC $20 AU58 NGC. In the 2001 edition of his Gold Coins of the Carson City Mint, Doug Winter notes that while small hoards discovered in the 1990s made the 1873-CC double eagle more available than it had been, the date was still to be respected in upper circulated grades, writing: "This issue is still scarce in the lower to middle About Uncirculated grades and accurately graded About Uncirculated-58's are very scarce."
Mint State examples are rare and costly, creating incentive to resubmit the best pieces. This has distorted the numbers greatly; certainly, there are not 91 AU58 1873-CC twenties in NGC holders, no matter what the current (10/10) Census Report might say. This lemon-gold and butter-yellow example is gorgeous with soft, saturated luster and just a hint of wear across softly struck devices.(Registry values: N2998) (NGC ID# 26AJ, PCGS# 8968)

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