1875-CC $20 MS64 NGC....

Description

The Finest Certified 1875-CC Double Eagle

1875-CC $20 MS64 NGC. Even though this issue is absolutely the single most common Type II double eagle from Carson City, this is still the finest known example. In fact, none had been certified as MS64 when Doug Winter published his study three years ago. He noted that this issue "is the most available Carson City double eagle from the 1870s and it is the single most available Type Two issue from this mint. It is easily located in all circulated grades and can be found in the lower Uncirculated grades without much effort. It becomes scarce in Mint State-62 and rare in Mint State-63. I have never seen one grading higher, although I have seen some Mint State-63s that were clearly very high end." As a reflection on this issue, Rusty Goe commented: "One point to consider is that although the estimated extant populations of these mid-1870s CC double eagles are much higher than others in the series, it does not mean that they are common coins. For example, another CC issue, the 1879-CC silver dollar is considered a key date in Uncirculated condition, even though 4,100 Mint State pieces were distributed in the GSA sales. In comparison, estimates for the extant population of Uncirculated 1875-CC double eagles is 1/6 that amount."
Not only is this the only MS64 example certified by NGC, but it is in similar company with a single example certified by PCGS. The fields are lightly reflective with frosty luster on the devices. Each side exhibits brilliant light yellow-gold color. Only a few minor abrasions are noted in the fields, and the design features are very sharply defined, especially on the reverse. Minor strike doubling is visible on a few peripheral letters on the reverse. Walter Breen described a doubled die reverse for this issue, however, that was described as having a wide CC mintmark. Although the doubling on this example is almost exactly as described by Breen, the mintmark is closely spaced, thus it is clearly not his doubled die variety.(#8974) (Registry values: N1)

Coin Index Numbers: (NGC ID# 26AT, PCGS# 8974, GSID# 9922)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 111,151

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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