1879-CC $20 MS(PCGS#8989)

1879-CC $20 MS (PCGS#8989)

November 2021 Baltimore U.S. Coins auction

详细说明: Another Scarce 1879-CC $20 1879-CC Liberty Head Double Eagle. AU-50 (PCGS). Vivid deep orange-gold patina blankets both sides of this sharply struck and lustrous example. Premium quality for the assigned grade, as verified by the PQ sticker from SCI, and attractive in all regards. 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. PCGS# 8989. NGC ID: 26B7. Click here for certification details from PCGS.