1878-CC Liberty Head Double Eagle. EF Details--Cleaned (PCGS). Rather pleasant color in a blend of deep rose and orange-gold provide above average eye appeal at the assigned grade level. Light hairlines and muting of the surfaces explain the PCGS qualifier, although considerable luster persists to reward the viewer aided by direct lighting. The passing of the Bland-Allison Act in 1878 meant that the Treasurys focus was placed on striking silver dollars over gold coins. Only 13,180 double eagles were struck at the Carson City Mint that year, less than one-tenth the production from just two years prior, making this one of the scarcest issues in this mintmarked gold series. While the estimated overall survival rate of 3% to 4% for the 1878-CC double eagle is larger than most others from this facility, specimens appear at auction far less than expected. Seldom seen in any grade, even a less than perfect EF examples such as this represents a significant find that is worthy of serious consideration.
