Stack's Bowers Galleries

Spring 2022 Baltimore Auction  –  4 - 8 April 2022

Stack's Bowers Galleries, Spring 2022 Baltimore Auction

US Coins and Currency

Part 1: Mo, 04.04.2022, from 7:00 PM CEST
Part 2: Tu, 05.04.2022, from 6:00 PM CEST
Part 3: Tu, 05.04.2022, from 11:00 PM CEST
Part 4: Tu, 05.04.2022, from 11:00 PM CEST
Part 5: We, 06.04.2022, from 9:00 PM CEST
Part 6: Th, 07.04.2022, from 6:00 PM CEST
Part 7: Fr, 08.04.2022, from 12:00 AM CEST
The auction is closed.

Description

1892-CC Liberty Head Double Eagle. AU-58 (PCGS).

A vivid and highly lustrous example of the penultimate Carson City Mint double eagle. Beautiful deep rose-orange surfaces are sharply to fully struck with the original finish nearly complete. The coin is predominantly frosty, yet with considerable prooflike reflectivity in the fields. As nice as any Choice AU 1892-CC $20 gold that we have ever offered, this piece will please even the most discerning numismatist. The Carson City Mint produced 27,265 double eagles in 1892, over 22,000 coins more than the previous year. This issue was considered to be quite scarce for many years, and even today it is hardly plentiful. In the late 1950s Jim Kelly imported quite a few. His retail price in 1957 was $90, when a common date double eagle sold for about $40. Thanks to repatriations facilitated by Kelly and others, we believe that 1,250 to 1,750 or so circulated examples of the 1892-CC can be found today. Rusty Goe, however, takes a more conservative approach with an estimate of 1,050 to 1,300 survivors in his 2020 reference The Confident Carson City Coin Collector. Most grade VF or EF with AU examples such as this scarce. Prior to the 1960s, most "name" collections had a VF or occasional EF example of this issue and even in today's market, after decades of repatriations of classic U.S. Mint gold coins, bidding opportunities for coins of the quality offered here do not come along all that often.

PCGS# 9020. NGC ID: 26C6.

Estimate: $ 10000

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Bidding

Price realized 9'000 USD
Starting price 1 USD
Estimate 10'000 USD
The auction is closed.
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