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1672

1871-CC $20 AU55 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:25,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1871-CC $20 AU55 NGC
<B>1871-CC $20 AU55 NGC.</B></I> Following a limited production of 3,789 double eagles in its opening year of 1870, the Carson City Mint increased production the following year with a mintage of 17,387 pieces. Like most of the Carson City and San Francisco double eagles coined in the 1870s and 1880s, the entire mintage was placed in circulation. The few high grade (AU and Mint State) pieces known today have survived purely by chance. The lower quality survivors are usually heavily abraded or damaged, placing even more emphasis on AU pieces.<BR> Current NGC census notes indicate that quite a few pieces have been certified in higher grades, 24 at last count. We are certain that quite a few resubmissions are included in that figure. For comparison, PCGS has never graded an example finer than AU55. Of the 24 finer NGC coins, 19 grade AU58, and only five are MS60 or finer. We suggest an actual census that includes three Mint State pieces, perhaps 10 AU58 coins, and no more than 20 AU55 pieces.<BR> With its pleasing light yellow color and wispy orange patina, this specimen is typical of most, showing moderate abrasions on each side, but lacking any damage. Hints of prooflike surface remain visible in the protected areas around the devices. The strike is sharp, with slight weakness only near the borders. It is exceptional, ranking among the top three dozen known examples. Census: 21 in 55, 24 finer (1/08).<BR><BR><B>Coin Engraver:</B> James B. Longacre<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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