1873-CC Liberty Head Double Eagle. AU-58 (PCGS). CMQ.Our offering of this dazzling Choice AU represents a significant opportunity for advanced collectors to pursue the challenging 1873-CC double eagle. A bright and flashy coin, medium gold surfaces show tinges of pale pink and deep olive. Much satiny mint luster remains, and it is joined by subtle semi-reflectivity in the fields. This piece is boldly to sharply defined overall and has survived light commercial use without acquiring any singularly mentionable marks.<p>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, 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 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.From our sale of the PentaMint; Collection, November 2024 Showcase Auction, lot 3204.
