1879-CC $20 AU58 NGC....

Description

Shining Near-Mint 1879-CC Double Eagle

1879-CC $20 AU58 NGC. After a meager striking of 10,708 double eagles in 1879, the Carson City Mint would not coin the denomination for another two years. In his The Mint on Carson Street, Rusty Goe explains how "unconnected circumstances," including decreasing deposits and a nationwide Treasury policy promoting smaller-denomination gold at the double eagle's expense, led to such a suspension. Mr. Goe also notes that relative to other Carson City gold issues, the 1879-CC has a relatively high survival rate, but also that certified data overstate its availability.
This sharply struck and gleaming piece has astoundingly reflective wheat-gold fields. Though scattered light to moderate abrasions are visible on each side, actual wear consists of just a hint of friction present on the highest design elements. An appealing and entirely desirable survivor. NGC has graded just seven finer pieces (6/09).(Registry values: N2998)

Coin Index Numbers: (NGC ID# 26B7, PCGS# 8989, GSID# 9930)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 10,708

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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