1872-CC $20 MS61 NGC. Variety 2-A....

Description

1872-CC Double Eagle
Minimally Marked MS61
Only Two Coins Certified Finer

1872-CC $20 MS61 NGC. Variety 2-A. The 1872-CC double eagle comes from a mintage of 26,900 pieces. Although the 1872-CC is not legendary in its rarity, it is a decidedly better Carson City issue in all grades. In The Confident Carson City Coin Collector, Carson City coinage authority Rusty Goe writes:

"The double eagles produced at the Carson City Mint in 1872 circulated locally, especially in the Comstock Lode region. According to local newspaper reports, many were shipped to the Bank of California branch in Virginia City in exchange for gold bullion deposited at Nevada's coin factory."

Nearly all surviving examples are in Very Fine to About Uncirculated levels of preservation. The population data for the various AU grades, however, appear to be greatly inflated by resubmissions. Uncirculated specimens are undeniably rare. NGC, for example has graded only 12 Mint State pieces, the finest an MS62★ . We hazard the opinion that some of the 11 MS60 and MS61 pieces in the NGC census are also resubmitted coins. PCGS has seen six Mint State specimens, including four in MS60 (duplications?), and the finest, again, an MS62 (9/21).

The yellow-gold surfaces of this MS61 piece are imbued with hints of light green and display ample luster that is disturbed only slightly by distributed light marks. We hasten to add that these marks are unlike the deep abrasions that are seen on almost every known 1872-CC survivor. The design elements are generally well-impressed, including above-average detail on the obverse star radials. Some of the usual softness is visible on the horizontal shield lines and the eagle's neck feathers. A small alloy spot above the eagle's beak does not distract and is a useful identification marker. While the typical 1872-CC twenty has significantly below-average eye appeal because of highly abraded surfaces, the present example is much more pleasing in this regard. Census: 8 in 61, 1 finer (9/21).
Ex: Dallas Signature (Heritage, 12/2005), lot 1677; FUN Signature (Heritage, 1/2014), lot 5544.
From The Prestwick Collection. (Registry values: N1)

Coin Index Numbers: (NGC ID# 26AE, PCGS# 8964, Greysheet# 9915)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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