1889-CC $20 MS62 PCGS. Variety 1-A....

Description

1889-CC Double Eagle, MS62
Minimally Abraded, Attractive Surfaces
Rare in Finer Grades

1889-CC $20 MS62 PCGS. Variety 1-A. Collectible as a Carson City date, the 1889-CC double eagle shows a modest mintage of 30,945 pieces. Most of the mintage went straight into circulation, since twenty dollar gold pieces remained a viable denomination in the West throughout the 19th century and into the early 20th century. Contrary to other gold denominations -- in particular, the three dollar gold piece and the gold dollar, which were discontinued in 1889 -- double eagles were still in demand by the business public.

Nearly all 1889-CC twenties are heavily abraded and in circulated or low Mint State grades. Bagmarks are the usual culprit. This MS62 example is sharp with superior surfaces in comparison, and it is scarce as such. Frosted rich-gold color radiates mint luster, and the coin is sharply struck from edge-to-edge throughout both sides. A pair of light abrasions near star 13 are the only marks of note. PCGS has seen just eight numerically finer examples. Population: 59 in 62 (2 in 62+), 8 finer (2/19).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26BV, PCGS# 9011, Greysheet# 9945)

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.

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