LOT #5198 |
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1891-CC $20 MS62 NGC. CAC. Variety 1-A....
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Sold on Apr 24, 2021 for:
$90,000.00
Bid Source: Live: Phone bidder
Description
1891-CC Double Eagle, MS62
Finest We Have Seen
1891-CC $20 MS62 NGC. CAC. Variety 1-A. Every single double
eagle (or any gold or silver denomination, for that matter) struck
at the Carson City Mint between its opening in 1870 and its closure
23 years later is the subject of sustained collector demand. That
is particularly true of the lower-mintage issues. Among twenty
dollar gold pieces, only one claims a smaller production total than
the 1891-CC. Merely 5,000 coins were struck, second only to the
impossibly rare 1870-CC, with 3,789 pieces.Doug Winter (2001) has proposed a surviving population of 150 to 200 1891-CC twenties, while Rusty Goe (2003) offers an estimate of 270 to 325 coins. The latter seems more in line with the certification totals at NGC and PCGS, which should be considered slightly inflated. Either way, Mint State coins are scarce, bordering on rare. Although demand has clearly surged in recent years, the frequency of high-end auction appearances has not. This the finest 1891-CC twenty dollar gold piece we have handled since January 2020, and if one takes into account the green CAC sticker, it is the single finest we have ever had the pleasure of offering.
This original, near-Select coin boasts bright, frosted mint luster typical of the Carson City facility. There are a few small to moderate sized abrasions on each side, all consistent with the MS62 grade. Well struck throughout with warm honey-gold color, and fully deserving of the added recognition from CAC. Census: 10 in 62, 1 finer. CAC: 2 in 62, 0 finer (3/21).
Ex: McCormick Ranch Collection / Baltimore Signature (Heritage, 7/2003), lot 10702.
From The Selman Family Collection. (Registry values: N7079)
Coin Index Numbers: (NGC ID# 26C3, PCGS# 9017, Greysheet# 9949)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 1.06oz
Mintage: 5,000
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 all of [The Selman Family Collection ]
Auction Info
2021 April 22 - 25 Central States US Coins Signature Auction #1329 (go to Auction Home page)
Auction Dates
April, 2021
22nd-25th
Thursday-Sunday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 673
Buyer's Premium per Lot:
20% of the successful bid per lot.
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