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    Description

    1885-CC Liberty Double Eagle, MS62
    Low-Mintage Better Date
    Only One Finer Coin at PCGS

    1885-CC $20 MS62 NGC. Variety 1-A. The 1885-CC is notably rare in mint condition, undoubtedly in part from the low mintage of only 9,450 pieces. This particular coin shows bright yellow-gold luster throughout, with minimal surface nicks and marks. Liberty's face is attractive with the most prominent nick hidden along her jaw line, and another hidden nick resides on the lower left base of the Y of LIBERTY, which will serve to identify this coin. Fully struck, as usually seen. The combined NGC and PCGS population reports note 14 pieces in this grade with only 2 coins finer (9/15).

    Grover Cleveland was elected to the Presidency for the first time in 1884 (and again in 1892). Cleveland believed the Carson City Mint to be an unnecessary extravagance and worked immediately to shut it down. Cleveland believed that bullion could be shipped to the San Francisco Mint instead and processed into coins there much more efficiently. Cleveland's policy of not favoring any economic group crossed many lines, and cost him in terms of political support. Despite winning the popular vote in 1888, he came up short of electoral votes and thus lost the election. He returned to the White House in 1893 and continued his policy of getting government out of peoples lives. Cleveland's battles with the Carson City Mint reflected who he was as president. The Carson City Mint reopened upon Cleveland's ouster in 1889, only to be closed again when he returned to the Presidency in 1893. The equipment from the Mint was sold, and coinage ceased with 1893 the final year of production.
    Ex: FUN Signature (Heritage, 1/2005), lot 9732 (as MS61 PCGS).(Registry values: N7079) (NGC ID# 26BN, PCGS# 9004)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    Oct-Nov, 2015
    29th-1st Thursday-Sunday
    Bids + Registered Phone Bidders: 18
    Lot Tracking Activity: N/A
    Page Views: 940

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