1879-CC Liberty Head Double Eagle. AU-55 (PCGS). CAC.Displaying warm honey-orange color overall, both sides also exhibit intermingled deep olive that provides additional eye appeal. This coin is lustrous and sharply struck, offering nearly full definition to most design elements. Just right for a collection of high grade Liberty Head or CC-Mint double eagles.<p>While generous quantities of double eagles were being produced at Philadelphia and San Francisco during the 1870s (many of which ended up in foreign bank vaults for generations), this was not the case at the Carson City Mint. Here, double eagles - and gold coins in general - were almost exclusively made for local consumption, where they performed yeomans duty in commerce. Specie redemption was permitted for Legal Tender notes in January of 1879, prompting concern that there would be a run on gold. When the run never materialized, the need for double eagles waned and coinage of the denomination ceased early in the year at the Nevada facility. The production run of 10,708 pieces for the 1879-CC double eagle was accomplished in two batches using a single pair of dies.<p>Fairly elusive, Carson City Mint expert Rusty Goe (2020) accounts for only 265 to 375 survivors in all grades, only 11 or 12 of which are Mint State. While the addition of any 1879-CC double eagle is a notable accomplishment, the acquisition of this rare Choice AU survivor from the extensive Fairmont holdings would establish the buyer as a leading collector of CC-Mint or Liberty Head gold coinage.PCGS# 8989. NGC ID: 26B7.<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.
