1873-CC $20 MS61 PCGS. Variety 1-A....

Description

1873-CC Double Eagle, MS61
Condition Census Specimen
Variety 1-A

1873-CC $20 MS61 PCGS. Variety 1-A. Normal Date. All 1873-CC double eagles have a Closed 3 date logotype, from dies sent Philadelphia to Carson City early in the year. While the Philadelphia and San Francisco Mints soon switched to the Open 3 logotype, it appears that no such dies were sent to Carson City.

When David Akers compiled his auction analysis of double eagles, published in 1982, he wrote: "The 1873-CC is decidedly rare in AU and, although I have seen a couple of 'sliders,' I have never had the opportunity to see a real unc. Reportedly a few uncs do exist but I do not know the present location of one." During the last quarter century, PCGS has certified just 11 submissions as MS60 or finer, and only two of those grading events achieved higher grades than this example, one in MS62 and one other in MS63. NGC has certified one finer example as MS62. In the 20 years since we began archiving our auction sales, we have only offered a Mint State 1873-CC double eagle on 11 previous occasions. Seven of those offerings were graded MS60.

The mintage of the 1873-CC double eagle was 22,410 coins, and mintages of other gold issues at Carson City in 1873 were similarly low. The total face value of gold minted in Nevada during the year was just $530,710, despite total gold deposits valued at more than $5 million. Gold production spiked dramatically at Carson City in 1874, with more than $2.5 million in gold coins produced that year.

Despite higher certification totals, there are certainly less than 10 Mint State survivors of this issue. The present piece likely ranks among the top three or four survivors from that population. Both sides have frosty orange-gold luster with scattered marks that are mostly inconsequential. A noticeable nick appears on Liberty's chin. The surfaces are exceptional, with an identifying spot below the D in UNITED. Population: 5 in 61, 2 finer (12/13).(Registry values: N7079)

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

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.

View Certification Details from PCGS