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Lot
4284

1878-CC $20 AU53 NGC. Variety 1-A....

2012 March 8-11 US Coin Signature Auction - New York #1168

 
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Auction Ended On: Mar 9, 2012
Item Activity: 8 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
1878-CC Double Eagle, AU53
Scarce, Underrated Issue
1878-CC $20 AU53 NGC. Variety 1-A. Double eagle production dropped precipitously in 1878 at the Carson City Mint, to a mere 13,180 pieces. Probably no more than 300-350 examples survive today in all grades. Among Carson City double eagles, only the famous 1870 and 1871 issues can claim to be clearly rarer than the 1878-CC, although the low-mintage 1879-CC is virtually tied with this scarce date in terms of total number of specimens known.
The present coin is an impressive AU53 specimen, with just a touch of wear on the boldly detailed design elements. The attractive orange-gold surfaces retain much original mint luster and show only minor signs of contact. Census: 37 in 53, 83 finer (2/12).
Ex: Baltimore Auction (Bowers and Merena, 3/2009), lot 3948.(Registry values: N2998) (NGC ID# 26B4, PCGS# 8986)

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