Historic 1872 Carson City Double Eagle
1872-CC Liberty Head Double Eagle. AU-58 (NGC).
A scarce issue in an absolute sense, and rarely encountered in Mint State, our offering of this NGC AU-58 example is sure to excite double eagle enthusiasts in search of a superior 1872-CC. Rich honey-gold color blankets both sides, with tinges of pale rose and light orange also evident as the coin rotates under a light. Plenty of thick, satiny luster remains, the protected area around the design elements revealing modest semi-reflective tendencies. Minor softness is confined to the centers, but the in hand appearance is impressively sharp. It is also impressively smooth in the absence of a individually distracting marks. The 1872-CC is the third double eagle issue from this frontier era branch mint, the mintage a modest 26,900 pieces. In the first three years of coinage operations at the Carson City Mint - 1870, 1871, and 1872 - it seems that the gold coins were used regionally and, indeed, we suspect that the 1872-CC double eagle helped form the backbone of the economy in and around Carson City. Beginning in 1873, however, quantities of gold coins were more widely distributed, including in shipments sent to foreign banks. Today, the first three CC-Mint gold issues across all three denominations - $5, $10, and $20 - are true classics. Grades for surviving 1872-CC double eagles are often VF to EF. This lovely Choice About Uncirculated offering is noteworthy, especially considering the rarity of the issue in Mint State, and it is sure to be of particular interest to quality conscious collectors.
PCGS# 8964. NGC ID: 26AE.
Price realized | 31'000 USD |
Starting price | 1 USD |
Estimate | 25'000 USD |