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[L#1119] 1879-CC $20 PCGS MS62

Currency:USD Category:Everything Else / Other Start Price:24,000.00 USD Estimated At:40,000.00 - 60,000.00 USD
[L#1119] 1879-CC $20 PCGS MS62
An incredible example of this great rarity, a coin that is one in a million considering its satiny gold fresh surface and pristine strike. This warmly colored example displays beams of golden metallic detail in virtually all areas with the fields leaning slightly towards prooflike reflection while the raised device, Liberty and eagle, shine with satiny golden effect. This provides them with subtle increased "depth" and contrast, further enhancing the overall outstanding effect.

Collectors often point to 1879-O as the key date this year, due to its 2,325 mintage; but 1879-CC, which follows close behind at 10,708 is actually very rare due to the extensive circulation this issue received. Mint States are virtually unobtainable of 1879-CC; and sharp, clean surfaced examples like the MS62 offered here, deserve special mention and a premium bid. The coin is set in PCGS holder 50173239.

To hear David Akers speak of this key issue, he writes in his now-aging but still heavily researched work on Double Eagles: "In terms of both overall rarity and condition rarity, the 1879-CC is only marginally less rare than the 1878-CC. (Some people whose experience would obviously be different from my own, might feel the 1879-CC is the rarer of the two. At any rate they are very close.) This date is not available all that often in any grade and when offered, the typical 1879-CC is only VF or EF. Strictly graded AUs are rare and mint state specimens, even Unc-60's, are for all practical purposes non-existent. I have only seen one average quality unc and have never even heard of anything close to choice or gem quality. In this respect, the 1879-CC is even more rare than the highly touted 1879-O although the 1879-O is basically a rarer date." An impressive 79-CC.

This specimen -- at the very pinnacle of this very rare date -- is a chance-of-a-lifetime opportunity!