1879-CC $20 MS(PCGS#8989)

March 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

2340

等级

XF40

价格

68,396

详细说明

Rare and Desirable 1879-CC Double Eagle 1879-CC Liberty Head Double Eagle. EF-40 (PCGS). Lovely reddish-honey surfaces are boldly defined for the grade with hints of original luster evident as the coin dips into a light. While large quantities of double eagles were being produced at Philadelphia and San Francisco, 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. The small total production run of 10,708 double eagles was accomplished in two batches using a single pair of dies. Rare in all grades, the addition of any specimen is a notable accomplishment for any advanced numismatist focusing on the coins struck at this famed Nevada mint. PCGS# 8989. NGC ID: 26B7. Click here for certification details from PCGS.