1883-CC $20 MS(PCGS#8999)

1883-CC $20 MS (PCGS#8999)

June 2020 U.S. Coins Auction

Auctioneer
Stack's Bowers
Lot Number
1361
Grade
AU50
Price
3,960
Lot Description
1883-CC Liberty Head Double Eagle. AU-50 (PCGS). CAC. A lovely honey-gold example with boldly defined features and considerable remnants of original luster. Mint records indicate a production figure of 59,962 double eagles at the Carson City Mint in 1883, equal to a face value of $1,199,240. Most entered into the channels of commerce and circulated extensively, although more than a few were exported. In 2004, Q. David Bowers pegged the circulated population at 1,100 to 1,400+ pieces, which is probably too low now, more than a decade later. The actual figure may be close to twice the high-end estimate, and there is no doubt that the 1883-CC is one of the more readily obtainable Carson City Mint double eagles in circulated grades. On the other hand, few are as technically sound and aesthetically pleasing as the present example. A find for the discerning collector, and worthy of the strongest bids. Provenance: From the Fairmont Collection. PCGS# 8999. NGC ID: 26BH. Click here for certification details from PCGS.
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