Liberty Head Double Eagle

1873-CC Liberty Head Double Eagle. EF Details--Repaired (PCGS).

An appealing example for the assigned grade, both sides retain considerable boldness of detail on the obverse, the reverse quite sharp overall. Curiously glossy in texture with moderate hairlining further explaining the PCGS qualifier, although vivid honey-orange color is also a pleasing attribute. Only 22,410 double eagles made their way off the coin press at the famed Western facility in 1873, all of which entering local commercial channels where they served as the workhorse large denomination coin. Unlike most of their contemporaries from the other mints, only a paltry quantity of 1873-CC double eagles went overseas, which ultimately limited the number of high grade survivors for later numismatists to enjoy. Just about a dozen Mint State examples are known (Rusty Goe, 2020, is slightly more liberal with an estimate of 15 to 20 pieces), making the 1873-CC $20 a major condition rarity. Of the remaining estimated 250 to 375 circulated specimens thought extant, the vast majority are at the lower end of grade scale, clustering primarily at the VF and EF levels. Given the popularity of CC-Mint gold coinage today's market, this specimen represents an important find for the budget-conscious collector.

PCGS# 8968. NGC ID: 26AJ.

Estimate: 4000