1891-CC Double Eagle, An Exceptional Prooflike1891-CC $20 AU58 NGC. The 1891-CC is the second rarest Carson City Double Eagle in terms of overall rarity and the fifth rarest in high grades. A small hoard of Uncirculated 1891-CC Double Eagles entered the market in the middle of 2001. This included at least five pieces graded MS61 by NGC and another five graded MS62 by NGC. None of these has yet appeared at auction (or at a coin show), so it is hard to determine if the price level of this date will be affected. Given the popularity of Carson City Double Eagles, we would not be surprised if these coins were quickly absorbed into the market and price levels were unaffected.
The striking details on this piece are more sharply defined than on most 1891-CC Twenties; however, the first three stars are weak, as usually found. While "always heavily bagmarked" may apply to most examples of this issue, this coin is the pleasing exception to that rule. This happenstance is especially fortunate as the fields are prooflike, and would tend to magnify any abrasions. The only disturbance on the surfaces of this exceptional coin is the slightly "fuzzy" look from the light handling this coin received, probably more than a century ago. (NGC ID# 26C3, PCGS# 9017)
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