1873-CC Liberty Head Double Eagle. AU Details--Cleaned (PCGS).A desirable Carson City Mint double eagle that retains substantial eye appeal as a result of universally sharp definition and rich, vivid color that blends deep honey-orange and lighter reddish-rose shades. A curious matte-like texture is noted, and there is also light hairlining. Returning to this coins positives, of which there are many, we note an uncommon lack of sizable handling marks. Traces of original satin luster persist, and when combined with the sharpness of detail we see a coin that would probably have been certified AU-55 were it not for the cleaning. Clearly there is much to recommend this coin to both double eagle and Carson City Mint enthusiasts, and it is worthy of serious consideration.<p>During the late 19th century the Western regions of the United States preferred to conduct business with specie rather than paper money, with the double eagle particularly favored for large transactions, both domestic and foreign. Even at the newly opened Carson City Mint, focus on gold coin production was directed toward the double eagle as had been the case when the San Francisco Mint commenced operations in 1854. In its third year of operation 22,410 examples of this denomination were produced at the rustic Carson City 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 VF, EF to a lesser degree, and with AU pieces scarce but occasionally available. Given that Mint State survivors are major rarities, and even Choice AU pieces can be elusive and costly, this sharp and visually appealing piece represents a significant find for the astute collector.PCGS# 8968. NGC ID: 26AJ.From the James A. Stack, Sr. Collection.
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