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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
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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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I would also like to thank your auction company for the promotion of the auction and was pleasantly surprised by the number of bidders who attended, as well as the prices realized. It was a pleasure doing business with you.
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