1879-CC $20 MS(PCGS#8989)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

拍卖行

Stack's Bowers

批号

1369

等级

XF40

价格

61,573

详细说明

Low Mintage 1879-CC Double Eagle 1879-CC Liberty Head Double Eagle. EF-40 (PCGS). CAC. Gold Shield Holder. Handsome khaki-gold surfaces with tinges of iridescent pinkish-rose intermingled here and there around the peripheries. Detail is generally bold, and ample luster remains to further tempt the viewer as the surfaces dip into a light. While generous quantities of double eagles were being produced at Philadelphia and San Francisco during the 1870s, many of which ended up in foreign bank vaults for generations, this was not the case at the Carson City Mint. Here, double eagles -- and gold coins in general -- were almost exclusively made for local consumption, where they performed yeoman's duty in commerce. Specie redemption was permitted for Legal Tender notes in January of 1879, prompting concern that there may be a run on gold. When the run never materialized, the need for double eagles waned and coinage of the denomination ceased early in the year at the Nevada facility. The limited production run of 10,708 pieces for the 1879-CC double eagle was accomplished in two batches using a single pair of dies. Elusive in all grades, the addition of any example is a notable accomplishment for the advanced numismatist. Provenance: From the Fairmont Collection. PCGS# 8989. NGC ID: 26B7. Click here for certification details from PCGS.