LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

3334

1891-CC $20 XF45 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:9,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1891-CC $20 XF45 PCGS
<B>1891-CC $20 XF45 PCGS.</B></I> The 1891-CC double eagle is among the lowest-mintage emissions from the Carson City Mint, but due to its position as also among the last issues from that mint, the survivorship is much higher than for earlier low-mintage dates such as, for example, the 1870-CC. Many later double eagle dates, both Liberty Head and Saint-Gaudens, were exported when European banks began fearing that the United States might buck the world trend and adopt a silver standard. This prompted increased demands for international transactions to be completed with gold coinage, fortunately for later American gold collectors. The 1870-CC, of course, also circulated to a much greater extent than the later issue.<BR> This yellow-orange Choice XF piece has the expected number of marks for the grade, but there are no individually disturbing abrasions. A couple of tiny rim nicks are noted at 2:30 and 3:30. Light strike weakness is noted at the lower left quadrant of each side.<BR><I>From The York/Hallenbeck #2 Current Finest PCGS Registry Set of Liberty Double Eagles.</B></I><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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