1873-CC Liberty Head Double Eagle. AU-58 (PCGS).A noteworthy condition rarity that will appeal to both advanced double eagle collectors and specialists in coins from the popular Nevada branch mint. This is a lovely coin with fully original surfaces that are lustrous and have rich honey-apricot color. We note a softly frosted texture to features that are sharply defined in all but a few areas around the obverse periphery.
During the late 19th century the Western regions of the United States preferred to conduct business with specie rather than paper money, and the double eagle was particularly favored for large transactions. Even at the newly opened Carson City Mint, focus on gold coin production was directed toward the double eagle. In its third year of operation 22,410 examples of this denomination were produced at the rustic frontier facility, spread out in several batches throughout the year, almost all of which immediately entered circulation. Numismatists were effectively nonexistent in the region, thus high grade examples were not retained.
We estimate that some 250 to 350 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 very attractive AU-58 represents a particularly significant find for quality conscious collectors.PCGS# 8968. NGC ID: 26AJ.<strong>To view all items from the Fairmont Collection-Kronen Set, click<a href="https://auctions.stacksbowers.com/lots?search=fairmont+collection&parent_category=1-11EIQ&lots_range=upcoming"target=’_blank’> here.</a></strong>.From the Fairmont Collection - Kronen Set.
