1873-CC $20 MS60 NGC....

Description

Elusive Mint State 1873-CC Twenty

1873-CC $20 MS60 NGC. After striking only 3,789 double eagles from Comstock Lode gold in its debut year, by 1873 the Carson City Mint managed to produce 22,410 examples of the denomination, all of them in the Close 3 style. But it seems that gold coins were snapped up into circulation in the West, with its longstanding "hard money" tradition dating from Gold Rush days and before, as soon as they were produced. That is why most CC- and S-mint coins dating from the middle to late 19th century are apt to be typically found in circulated grades.
The average certified 1873-CC double eagle grades only about AU50, and Mint State examples such as this piece are seldom seen in the numismatic marketplace. Full cartwheel luster graces both sides of this orange-gold example, and the eye appeal and abrasions are respectively greater and fewer than one might expect for the MS60 level. A nice example. Census: 12 in 60, 6 finer (3/10).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26AJ, PCGS# 8968, GSID# 9917)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Melt Value: $1,129.07
Gold Spot: $1,167/oz (04-29-2010)
Mintage: 22,410

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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