1893-CC $20 MS(PCGS#9023)

The Regency Auction 45

Auctioneer

Legend Rare Coin Auctions

Lot Number

367

Grade

MS63

Price

49,938

Lot Description

This cataloger absolutely LOVES this coin! Tied for FINEST graded at PCGS, this coin is proudly making its modern auction debut in our Regency Auction, and it is an honor to have been selected to sell it. The final mintage of coinage at the Carson City mint came off the presses in 1893, and due to the deep recession known as the Panic of 1893, the mintages of gold and silver coins for circulation dropped. Only 18,402 double eagles came off the dies in 1893. While a number of lower Mint State grade coins have been repatriated from European and Latin American holdings, CHOICE Mint State examples, like the MS63 offered here are VERY RARE and PCGS has never graded anything finer than MS63 in 35 years of grading coins. Vividly lustrous surfaces beam boldly all over. The satiny brilliance offers sweeping, rolling cartwheels on both sides. The color is amazing and original, offering a rich orange-gold coloration that blends with highlights of honey, amber, rose, and wheat gold patina. The surfaces have scattered traces of contact, but nothing is worthy of individual mention; the surfaces are not at all hacked up, choppy, or have serious cuts or digs. The brilliance of the fields flash and the sharply struck devices have a wonderful, thick frost that is a real delight. We are so glad that this coin has not been messed with. We see no signs of any kind of conservation or other process to try and "improve" the eye appeal--it cannot be done, this coin is tops! Tops in terms of placement on the PCGS Population Report, and tops in terms of quality and visual allure! This one is a head scratcher as to why CAC did not bean it! PCGS 25, NGC 18. While the last one may have sold for $40,800, the one before that sold for $48,000. The current Collectors Universe value is listed at $52,500 and with NONE FINER at PCGS, this is a world class CC mint double eagle that belongs in a world class set! We would not be shocked if this CHOICE BU example brought a world record price. Good luck. Cert. Number 42096421 PCGS # 9023.00