1873-CC $20 MS(PCGS#8968)

May 2019 Baltimore U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

1208

Grade

AU50

Price

11,400

Lot Description

Eagerly Sought 1873-CC Double Eagle 1873-CC Liberty Head Double Eagle. AU-50 (PCGS). Handsome honey-gold surfaces are wonderfully original with ample mint frost remaining. Overall sharply defined, as well, with uncommonly strong eye appeal for a lightly circulated survivor of this challenging issue. The mintage for the 1873-CC is a scant 22,410 pieces, a reduction of more than 4,000 coins from the previous year's press run at the Carson City Mint. Face value was $448,200. While some 1873-CC double eagles were included in overseas banking transactions in later years, by that time most showed significant wear from extensive use in regional commerce. We estimate some 300 to 400 circulated examples of the date are extant today, with most of those VF, EF to a lesser degree, and with AU pieces scarce but occasionally available. Given that Mint State survivors are major rarities, this premium quality AU-50 represents a particularly significant find for the quality conscious collector. Provenance: From the Fairmont Collection. PCGS# 8968. NGC ID: 26AJ. Click here for certification details from PCGS.