Goldberg Coins and Collectibles



Sale 47

Pre-Long Beach Coin and Currency Auction


$20 Liberty/No Motto
 
 
Lot Photo Description Realized
Lot 4754
1850 $20 Liberty. PCGS graded MS-62 PQ. Lovely golden toning. Well struck and choice for the grade. The first date in the double eagle series and a lustrous Type 1 specimen from the Philadelphia Mint. Like the 1907 $20, a popular first-year issue for Type Set buyers, the 1850 was produced in large numbers (slightly over a million). The question is, how many were used in the commerce? The answer seems to be, the majority. Had this not been so, the grading census would show a more crowded amount than it does. It appears that most examples found in collections today are confined to the Extremely Fine and About Uncirculated grades. Mint States, even average baggy ones, are elusive. The present specimen is typically bright and frosty with bold striking details on the main devices. Both sides are bathed in warm golden color with a subtle overlays. There are a few tiny marks here and there but nothing material. Broadminded collectors will find this a desirable example, therefore, of James Longacre's initial No Motto $20 gold format. Pop 22; 8 finer; 7 in 63; 1 in 64. (PCGS # 8902) .
Estimated Value $28,000 - 30,000.
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Lot 4755
1850 $20 Liberty. NGC graded MS-62. Mostly untoned. A scarce first year of issue date in this grade. The 1850 double eagle is readily available in circulated grades with occasional AU offered on the market. The issue seems to have circulated widely. In any Mint State grade the 1850 has always been in great demand as the first year of issue. A few dozen Mint State pieces are known, that is all.

Nothing sways us from proclaiming that this handsome specimen is much freer of handling marks than others; typically satiny with pinpoint details on both sides, it is a real "looker" and one its new owner will want to brag about to friends for years to come. Both sides developed warm yellow-gold color in its passage through time, with a subtle overlay frostiness in the head of Liberty (particularly the hair) and in the central motif on the reverse. The eagle's neck and the left wing are perhaps the only parts of the design where sharpness fails to occur. Buy it for the look of it, you cannot go wrong. Pop 30; 13 finer, 10 in 63, 1 in 64, 2 in 65 (PCGS # 8902) .
Estimated Value $21,000 - 23,000.
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Realized
$25,300
Lot 4756
1851 $20 Liberty. PCGS graded MS-63. Well struck with intense frosty mint luster. In fact, the trosty gold patina twinkles over both sides. From the luster, we next take stock of the details of the design of this impressive Type 1 $20 gold piece. Given the proper amount of strike pressure, the coin was fully brought up by the dies. Each star shows its radial lines (although a couple of stars at the right are slightly flat). Liberty's hair waves impress us with their fine detail. And the coronet, inscribed LIBERTY in raised letters, is crisply defined as well, including all 13 pearls that line its edge. The highly ornate reverse gets similar kudos for its bold relief and glowing luster. All in all, a gorgeous specimen for the advanced collector. Pop 11; 2 in 11 (PCGS # 8904) .
Estimated Value $15,000 - 16,000.
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Realized
$18,400
Lot 4757
1852-O $20 Liberty. PCGS graded AU-58. Lightly toned with lots of mint luster on both sides. The 1852-O twenty, while scarce overall, is one of the more readily available New Orleans Mint issues. After this year the double eagles from this mint would become very scarce to very rare. Most known 1852-Os are Very Fine to Extremely Fine, a familiar mantra for all double eagles of the decade except for some notable hoard coins mainly from the San Francisco Mint. The mintage of this issue was a respectable 190,000 coins. A choice example with some brilliance left in the orange-gold surfaces, the fields quite attractive. The design features are all sharp while the surfaces show only a few tiny marks. Pop 29; 12 finer, 3 in 60, 3 in 61, 6 in 62 (PCGS # 8907) .
Estimated Value $11,000 - 12,000.
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Realized
$13,225
Lot 4758
1853 $20 Liberty. NGC graded AU-55. Nice untoned example. A frosty golden Type 1 $20 gold piece with strong underlying luster and rich detailed highlights on both sides. The highlights come from the coin having been nicely struck for the date, in fact fully so including stars, which means that it earns honorable mention where clarity of design is key to determining the grade (PCGS # 8908) .
Estimated Value $1,600 - 1,700.
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Realized
$1,620
Lot 4759
1856-S $20 Liberty. NGC graded MS-61. CAC Approved. Well struck and frosty. A lustrous example possibly tracing back to the shipwreck of the S.S. Central America which foundered in a storm in 1857 off the coast of the Carolinas. The frosty brilliant gold surfaces display a nice sheen of originality with minimal signs of handling. The only mark to note lies within the circle of stars on the reverse. Otherwise, everything is nicely struck on this appealing specimen. Mintage of 1,189,750 pieces belies the fact that until the retrieval of the shipwreck coins, 1856-S was a scarce issue in Mint condition. We suspect a fair amount of bidding activity will occur when this branch mint double eagle crosses the auction block. Pop 14; 12 finer, 5 in 62, 5 in 63, 2 in 64 (PCGS # 8919) .
Estimated Value $5,000 - 5,500.
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Realized
$5,750
Lot 4760
1857-S $20 Liberty. NGC graded MS-65. A well struck untoned example. Sharply made throughout with pitching golden-bright luster, the features of Liberty almost devoid of marks while the field resonates from the frosted look imparted by the dies. That said, now we consider the strike: this coin, like so many S.S. Central America shipwreck survivors, was struck with true scientific precision on the main components. Even the stars are extra bold. A dazzling Gem Mint State beauty! Pop 68; 23 finer; 20 in 66; 3 in 67. (PCGS # 8922) .
Estimated Value $10,000 - 11,000.
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Realized
$11,213
Lot 4761
1862 $20 Liberty. NGC graded AU-50. Mostly untoned, there is luster peeking out from around the stars and legends, and further luster within the protection give by the central devices. Rims are very choice, the surface attractive, the color excellent for a coin minted in the stressful days of the Civil War when Philadelphia and other major cities were under threat of attack. Very scarce. Pop 6; 43 finer (PCGS # 8937) .
Estimated Value $3,600 - 3,800.
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Realized
$5,520
Lot 4762
1864 $20 Liberty. PCGS graded MS-62 PQ. PCGS serial #5166770. Lightly toned with lot of mint luster. It has been noted by others that the 1864 double eagle is not associated with the rare $20 gold dates such as 1861-S Paquet or 1870-CC when all grades are taken into consideration. What should be noted, however, is that this is an eminent "condition rarity" in Mint State. Only a few baggy pieces were recovered from the wreck of the steamship S.S. Republic (29 coins in all, certified by NGC at an average grade of MS60 is the result). The treasure of the S.S. Brother Jonathan did not include even a single specimen of the 1864 Philly mint $20. This MS62 example displays frost on the devices and brilliant semi-prooflike reflectivity in the obverse field (the reverse is frosty throughout. Furthermore, it is sharply struck with admirable detail on either side. The obverse is lightly scuffed in the field left of Liberty, made more prominent by the reflective background; while the reverse, showing one mark at the T of TWENTY, is nearly mark-free. Rooted to your seat by the anticipation in the room, we encourage bidding at a fairly high level, or consider yourself out of the running when this 1864 Liberty head crosses the auction block. Pop 8; 1 finer in 63. (PCGS # 8941) .
Estimated Value $25,000 - 30,000.
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Lot 4763
1864-S $20 Liberty. NGC graded AU-58. Mostly untoned. A splendid pale golden specimen with forceful luster still in evidence, a confident strike, and eye appeal from the extremely smooth surface that just won't relinquish your attention! Not often seen this choice. Pop 72; 35 finer (PCGS # 8942) .
Estimated Value $3,000 - 3,200.
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Realized
$4,255
Lot 4764
1865 $20 Liberty. NGC graded MS-65. In NGC holder 1785890-007. Choice for the grade. Well struck and untoned. Talk about a truly out of this world coin! We are pleased to report richly frosted luster on the reverse and a slightly more satiny texture on the obverse, creating a duality of pristine originality. There are really no areas of vexing weak detail on either side, just the opposite in fact. The coin is sharp as a keen-edge knife with crisp details aplenty. As to the color, it is primarily bright reddish-gold in hue and similar to a few others from the S.S. Republic shipwreck that have been carefully "conserved" by the salvagers. Both sides are deservedly free of blemishes for a Type 2 Liberty $20 in a Mint State 65 holder, a lot of high-class preservation. All things considered, someone would be hard pressed to imagine a more attractive 1865 from this historic shipwreck in the rare coin marketplace. Pop 3; None finer at NGC. (PCGS # 8943) .
Estimated Value $45,000 - 50,000.
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Lot 4765
1865 $20 Liberty. NGC graded MS-64. Well struck and untoned. This is a remarkably beautiful coin whose satin frosted luster on the obverse and reverse verges on gem quality. There are really no areas of soft detail in the bold devices; and the color shows excellent balance with its brilliant sheen, a sheen that is found only on the exquisite coins. Both sides are detraction free for a Type 1 double eagle of the 1860s. In summation, a buyer would be hard pressed to duplicate this attractive double eagle without spending a lot of time looking. No doubt this comes from the historic shipwreck group of the S.S. Republic in the numismatic market.

The Philadelphia Mint struck fewer double eagles than the San Francisco Mint during the Civil War (1861-65). Having plummeted to fewer than 100,000 pieces in 1862, P-mint production slowly rose to 351,200 twenties in 1865. This is the final Type I date struck in Philadelphia before the change was made to the With Motto reverse. Pop 70; 23 finer, 1 in 64 star, 21 in 65, 1 in 66 star (PCGS # 8943) .
Estimated Value $20,000 - 22,000.
Ex: SS Republic.

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Realized
$20,988
Lot 4766
1873 $20 Liberty Mis-Align/Partial Collar. PCGS graded AU-58. Mint Error, this one barely circulated so that it retains a gold 90% or so of its original mint frostiness. Small mark on the cheek but fewer abrasions than usual for a Type 2 twenty-dollar gold piece.
Estimated Value $3,000 - 3,300.
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Realized
$3,450
Lot 4767
1866 $20 Liberty. With motto. PCGS graded MS-61. A nice bold strike. Rich golden toning amplified by Prooflike fields. The year 1866 was a year of transition in silver and gold coins. Patriotic fervor arising out of the trauma of Civil War gave birth to demands for a religious motto to be added to America's coinage. In 1861, 1862, and 1863, two variations of this motto were used on Pattern coins. The first, GOD OUR TRUST, was rejected; the more lyrical IN GOD WE TRUST came off better and was included on the new Two-cent Pieces of 1864 and Shield Nickels of 1866. The Act of March 3, 1865 included a clause mandating this motto. However, it took Philadelphia Mint some months before it could add it to the $20 gold production dies. (Philadelphia makes dies for all branch mints). For this reason, a few No Motto twenty-dollar gold pieces were run off at San Francisco before the new With Motto reverse dies arrived. This is one of the most attractive Mint State With Motto specimens available. The prooflike field gives a backdrop for the frosted devices. Pop 6; 2 finer, 1 in 62, 1 in 64 (PCGS # 8949) .
Estimated Value $5,000 - 6,000.
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Realized
$10,350
Lot 4768
1867 $20 Liberty. PCGS graded MS-61. CAC Approved. Untoned. Semi reflective fields. Moderate surface marks in the obverse field. Mint State examples are generally scarce in the 1860s. According to the Bowers notes for this date, "this seems to be the earliest double eagle date for which overseas hoards have revealed significant amounts of Mint State coins." Pop 65; 33 finer, 32 in 62, and 1 in 63 (PCGS # 8951) .
Estimated Value $2,500 - 3,000.
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Realized
$4,600
Lot 4769
1868-S $20 Liberty. NGC graded AU-55. Moderate bag marks, but with ample luster remaining in the main devices and around the stars, date and legends. Perhaps 40% luster coverage. The San Francisco Mint, oblivious to the troublesome Eastern situation where the government was endeavoring to stabilize the gold prices versus the fiat greenbacks, and succeeding none too successfully, kept right on issuing double eagles throughout the 1860s, Civil War or no Civil War, fiat money or no fiat money. Many S-mint $20 gold pieces were destined to be exported to pay for finished goods and raw materials from Asia. This accounts for their scarcity in high grades today (PCGS # 8954) .
Estimated Value $1,500 - 1,600.
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Realized
$2,128
Lot 4770
1869-S $20 Liberty. NGC graded MS-61. Lightly toned. Frosty, minimally abraded surfaces offer average to slightly better than usual sharpness for this S-mint date. Both sides are layered with delicate rather than booming luster. This date is obtained with relative ease up to and including AU58, but the supply dwindles once the Uncirculated level is breached. As seen in the following census, only a couple of dozen examples in its grade, and a few better representatives are known to exist. Pop 26; 14 finer, 9 in 62, 5 in 64 (PCGS # 8956) .
Estimated Value $5,000 - 5,500.
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Realized
$10,063
Lot 4771
1871-CC $20 Liberty. NGC graded AU-53. Well struck and untoned. Some luster evident which is most unusual for this early issue. Only 17,387 minted (the Redbook figure) but Rusty Goe in his detailed look at the Carson City Mint suggests 14,687 is the truer figure (which is the official U.S. mint record, having been reported as 14,687 since 1887). It is believed that the largest percentage of double eagles minted in Carson City during the first few years of operation remained in Nevada, at least for awhile. Years later, quantities of "CC" $20 gold pieces made their way to foreign lands as export demand increased. Most of the early "CC" issues that did circulate locally acquired heavy bagmarks and surface damage, greatly marring their appearance. Low population, the NGC census reports: Pop 24; 46 finer (PCGS # 8961) .
Estimated Value $45,000 - 50,000.
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Lot 4772
1872 $20 Liberty. AU-58. Lightly toned. A fair degree of original luster springs to life with its bright gold and faint reddish highlights. The fields show the normal assortment of abrasions typical for the date, although not typical in the grade sense, since very few exist in other than worn condition. A rock-solid AU58 that will attract notice (PCGS # 8963) .
Estimated Value $1,600 - 1,700.
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Realized
$1,438
Lot 4773
1872-CC $20 Liberty. NGC graded AU-55. A nice untoned example with plenty of original mint frost throughout the devices and well into the fields. The reverse, which has a "busier" design, tends to allow the luster to linger awhile longer when a coin reaches circulation due to the protective action of the eagle, shield, scroll and other ornamentation. Mintage increased somewhat to 26,900 minted in 1872. Gold deposits had increased more than 800% at the Carson Mint between 1870 and 1871, though less than half of the gold bullion was returned in coin form, as miners requested equal amounts in the form of bars. This kept mintage lower, although double eagle production rose by nearly doubled between 1871 and 1872. Pop 57; 71 finer; 59 in 58; 5 in 60; 7 in 61. (PCGS # 8964) .
Estimated Value $12,000 - 14,000.
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Realized
$14,375
Lot 4774
1872-S $20 Liberty. PCGS graded MS-60. Reflective obverse surfaces. Moderate bag marks on both sides. Pop 20; 22 finer, 19 in 61, 3 in 62 (PCGS # 8965) .
Estimated Value $2,300 - 2,500.
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Realized
$2,530
Lot 4775
1873 $20 Liberty. Open 3. PCGS graded MS-62. Lovely natural golden toning. A frosty specimen. Pop 814; 130 finer, 125 in 63, 4 in 64, 1 in 65 (PCGS # 8967) .
Estimated Value $2,000 - 2,200.
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Realized
$2,013
Lot 4776
1873 $20 Liberty. Open 3. PCGS graded MS-62. Nice golden toning with a lovely pinkish tint to it in areas. Philadelphia Mint production nearly doubled over 1871 and 1872 with this issue. Pop 814; 130 finer, 125 in 63, 4 in 64, 1 in 65 (PCGS # 8967) .
Estimated Value $2,000 - 2,200.
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Realized
$2,070
Lot 4777
1873 $20 Liberty. Open 3. NGC graded MS-62. Mostly untoned. One of several frosty examples in the sale. Pop 665; 59 finer, 57 in 63, and 2 in 64 (PCGS # 8967) .

Historic note: The shift from the Closed 3 to Open 3 dates in all denominations in 1873 was due a desire to better distinguish what is the last figure of this year's date. 1873 twenties were made with Closed 3 in the date and Open 3 in the date. The Open 3 was created by filing away most of the bottom knob on the 3 of the date logotype and trimming the knob to a smaller size; dies punched with this modified date logotype are called Open 3.
Estimated Value $2,000 - 2,200.
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Realized
$1,955
Lot 4778
1873-CC $20 Liberty. NGC graded AU-53. Lightly toned with ample luster in the protected areas and especially throughout the main obverse and reverse devices. Gold deposits reached a peak of approximately $5 million at the Carson Mint in 1873. Although gold coin mintage was barely 10% of that total in 1873 (22,410 $20s minted), large portions of the deposits would be processed in 1874, when coin production increased. It was a very opportune time for America's connection to Comstock gold as yields increased as well (PCGS # 8968) .
Estimated Value $10,000 - 11,000.
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Lot 4779
1874-CC $20 Liberty. NGC graded AU-50. Frosty and untoned. In 1874, it was time for the Carson City Mint to kick gold coin production up a couple of notches. Double Eagle output finally topped one hundred thousand: 115,085 minted. Oddly, many 1874-CC double eagles extant today have returned from lands outside of the United States where they were exported between 1871 and 1936 (PCGS # 8971) .
Estimated Value $2,500 - 2,600.
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Lot 4780
1875-S $20 Liberty. PCGS graded MS-62. Well struck with lovely light golden toning. Choice for the grade with only a few light marks present on the cheek. The Type 2 design (shortest in the series), lasted from 1866 until 1876. Major changes were made in the design before the mints struck the 1877 issue. Pop 93; 16 finer, 10 in 63, 5 in 64, 1 in 67 (PCGS # 8975) .
Estimated Value $2,800 - 3,000.
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Realized
$3,565
Lot 4781
1876 $20 Liberty. NGC graded MS-61 Prooflike. Well struck with a hint of golden tone. The prooflike surface accentuates any surface abrasions. Head of Liberty nicely frosted. Pop 5; 3 finer in 62 PL (PCGS # 8976) .
Estimated Value $2,200 - 2,400.
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Realized
$2,013
Lot 4782
1876-CC $20 Liberty. PCGS graded AU-58. Light golden toning. Several marks noted, one on the face from the eye to the hair, another, a scuff in the frost opposite stars 3 and 4. Extensive luster, more so than average for AU58. Only 138,441 pieces struck (PCGS # 8977) .
Estimated Value $2,800 - 3,000.
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Realized
$3,335
Lot 4783
1876-CC $20 Liberty. NGC graded EF-45. Mostly untoned. Final year of the Type 2 design on $20 double eagles, featuring TWENTY D. on the reverse, and also the Carson City Mint's peak year of coinage production: 138,441 minted (PCGS # 8977) .
Estimated Value $1,500 - 1,600.
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Realized
$1,668
Lot 4784
1877-S $20 Liberty. PCGS graded MS-61. Mostly untoned with scattered bagmarks and surface grazes consistent with the grade. The 1877 double eagle commences the Type 3 series with the prospect of availability in just about any grade desired from Very Fine through Mint State 62 (PCGS # 8984) .
Estimated Value $900 - 1,000.
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Realized
$1,438
Lot 4785
1878-S $20 Liberty. PCGS graded MS-61. Lovely light golden toning on both sides. Frosty throughout, with bold detail. Pop 232; 112 finer, 106 in 62, 6 in 63 (PCGS # 8987) .
Estimated Value $1,000 - 1,100.
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Realized
$2,128
Lot 4786
1879-O $20 Liberty. NGC graded AU-58. NGC #1875267-001. A very rare date. Lightly toned with reflective surfaces. Only 2325 coins struck. A nice, full strike, as usually seen; on this piece, the borders detailed with full dentils on the obverse and missing just a few near the upper reverse. Swirling mint reflectivity still is visible beneath even, medium golden color. There are a few light, old hairlines and a stray abrasion here and there, including a small area of roughness at ES of STATES on the reverse, but the overall quality of the surface is better for the issue than most surviving Aus. Also, there are none of the severe spots or mint-made planchet faults that are commonly found on 1879-O double eagles. Its tiny mintage and its status as the only Type 3 New Orleans double eagle positions the 1879-O for extended popularity with coin buyers. Year in and year out the number offered get fewer. This date currently appears on many want lists, far more than any other Liberty Head $20 we know of. Pop 10; 7 finer; 5 in 60; 1 in 62; 1 in 63. (PCGS # 8990) .
Estimated Value $45,000 - 55,000.
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Realized
$71,875
Lot 4787
1879-S $20 Liberty. PCGS graded AU-55. Lustrous. The value of twenty dollars in those days was equal to a good week or more's labor for a factory worker. In 1879 in America, $20 would have bought two of the famous McKinley "Ten-dollar" men's suits of the period (PCGS # 8991) .
Estimated Value $850 - 900.
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Realized
$891
Lot 4788
1882-CC $20 Liberty. NGC graded AU-58. Nice even toning. Loads of mint luster on both sides might cause a viewer to believe this is fully Mint State when glancing at it the first time. 39,140 minted. Double eagle production at the Carson City Mint can be divided into three periods: 1870 through 1879, 1882 to 1885, and 1889 through 1893. The gap of two years in the mintage of $20 gold pieces at Carson City from 1880 to 1881 was the result of unconnected circumstances: deposits from Comstock miners diminished to stunted levels as mineral ore yields were all but expended, which in turn caused temporary coinage suspensions, limiting the Carson Mint to no more than five months of production annually during those two years. In addition, double eagle output was decreased on a national scale as the Treasury implemented a new policy of expanding the distribution of $5 and $10 gold pieces. Pop 266; 44 finer; 20 in 60; 18 in 61; 6 in 62. (PCGS # 8997) .
Estimated Value $3,500 - 3,700.
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Realized
$4,485
Lot 4789
1883-CC $20 Liberty. PCGS graded MS-61. Semi reflective surfaces the color a lovely golden with faint hint of yellowish-green in the toning. The 1883-CC is usually seen in grades from Very Fine to About Uncirculated. Mint State pieces remain elusive, while most are from recent imports. Only 59,962 were produced. Pop 29; 14 finer, 12 in 62, 2 in 63 (PCGS # 8999) .
Estimated Value $4,500 - 5,000.
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Realized
$9,488
Lot 4790
1883-CC $20 Liberty. PCGS graded AU-58. Mostly untoned with luster evident and light field abrasions. 59,962 minted. Notice the increased mintage? By 1883, yields from the Comstock mines were staging a minor comeback, according to Carson Mint historian Rusty Goe in his book "The Mint on Carson Street." All of the output was being deposited at the Carson City Mint for processing. "This fueled resuscitated coinage operations at the local minting facility, which had begun in 1882. Gold coin production at Carson City had climbed back over $1 million mark in 1882, and rose another 9 1/2% in 1883." Pop 82; 55 finer; 11 in 60; 30 in 61; 12 in 62; 2 in 63. (PCGS # 8999) .
Estimated Value $2,700 - 2,800.
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Realized
$3,335
Lot 4791
1883-CC $20 Liberty. ANACS graded Details of AU-55. A single scratch at the lower bust. Lutrous and otherwise above average in its detail and surface composition. A popular CC-mint date that is affordable to everyone (PCGS # 8999) .
Estimated Value $1,600 - 1,700.
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Lot 4792
1884-CC $20 Liberty. PCGS graded MS-61. CAC Approved. Nice even gold toning on both sides. A pleasing looking coin whose surface is smooth, satiny, and free of appreciable marks. A first-rate example in its grade. Pop 59; 38 finer, 34 in 62, 4 in 63 (PCGS # 9001) .

In 1884, the Carson City mint reached a creditable level of gold coinage for the first time, producing $1.8 million in face value, the fourth highest total between 1870 and 1889. The estimated survival rate for 1884-CC double eagles is consistent with the two preceding years, and because of the higher original mintage (81,139 pieces), it is the most sought after affordable "CC" double eagle from the 1880s.
Estimated Value $3,500 - 4,000.
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Realized
$6,325
Lot 4793
1884-S $20 Liberty. PCGS graded MS-63. Lovely natural golden toning on both sides. Strong metal flow augments the already showy mint luster that covers the surfaces, giving this '84-S twenty a brand new, glowing appearance. The mint brilliance is only broken up by an rare overlay of the aforementioned patina. Pop 229; 18 finer, 17 in 64, 1 in 65 (PCGS # 9002) .
Estimated Value $4,000 - 4,500.
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Realized
$4,830
Lot 4794
1884-S $20 Liberty. PCGS graded MS-61. A nice untoned coin with frosty luster. Several marks on the face, neck, and in the field at the chin. Well struck S-mint double eagle (PCGS # 9002) .
Estimated Value $1,400 - 1,500.
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Realized
$1,208
Lot 4795
1884-S $20 Liberty. PCGS graded MS-61. Untoned with a few light bagmarks on the face. The reverse, with its more protective design, seems to have attracted fewer bagmarks, with the only one of note being at the left edge of the shield in the open space (PCGS # 9002) .
Estimated Value $1,400 - 1,500.
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Realized
$1,208
Lot 4796
1885 $20 Liberty. PCGS graded AU-58. Practically untoned. Significant luster still evident. A tantalizing low mintage double eagle with semi reflective fields. Only 751 struck for circulation. Very rare date in non Proof condition.

Little historical information exists to explain why the Philadelphia Mint, unlike the San Francisco Mint, struck so few coins in the early to middle part of the 1880s. We do know that the financial system had recovered from the Greenback inflation of 1861-79 when gold or specie payments once again became available in the East Coast banks. Be that as it may, production figures were historically low in the years 1881 to 1887. The situation did not improve until 1888 when mintage of double eagles returned to more normal levels. With a mintage of only 751 coins, the offering of any 1885 double eagle makes collectors stand up and take notice. At least several dozen coins are known, mostly higher range circulated levels and lower range Mint State designations. All are in great demand and usually sell instantly when offered. The date on the circulation strikes is placed slightly differently from that on the Proofs, farther to the left, with the 8 centered under the B (J.B.L.), while on the Proofs the center of the 8 is ever so slightly to the right. The date is lower than on the Proofs. Pop 10; 7 finer, 3 in 61, 2 in 62, 2 in 63 (PCGS # 9003) .
Estimated Value $30,000 - 40,000.
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Realized
$43,700
Lot 4797
1888 $20 Liberty. PCGS graded MS-61. Very clear doubling on many of the reverse lettering makes this an interesting addition to a numismatic collection. The 1888 is the first Philadelphia Mint coin of the decade that was struck in sufficiently large quantities that examples are readily obtainable today. Pop 1; 2 finer for the variety (PCGS # 145738) .
Estimated Value $1,300 - 1,500.
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Realized
$2,185
Lot 4798
1888 $20 Liberty. NGC graded MS-62. Nice natural golden toning on both sides. Pop 122; 12 finer, 5 in 63, 3 in 64, 4 in 65 (PCGS # 9008) .
Estimated Value $1,200 - 1,300.
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Realized
$1,783
Lot 4799
1890-CC $20 Liberty. NGC graded MS-61. Light golden toning. Semi reflective surfaces. Frosty and relatively free of contact for this lesser-seen Carson Mint issue, a coin with a little light layering of golden-orange patina on each side. The few small bagmarks that are seen in the fields and on the obverse device are relatively slight, and only serve to limit the grade to MS61 and not something finer. This affordable example is from shortly before the end of the Carson City Mint's existence when double eagle production reached its highest ever before the government unceremoniously pulled the mint's budget and sent it off into the history books. Pop 62; 27 finer in 62 (PCGS # 9014) .
Estimated Value $3,500 - 3,800.
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$5,060
Lot 4800
1890-CC $20 Liberty. NGC graded AU-58. Light hint of gold toning. Some luster evident. There is a tiny mark at the chin. Only 91,209 minted. Thanks to a new silver purchase act and increased gold deposits in 1890, the Carson City Mint experienced one of the most productive years in its history. In fact, in terms of the face value of all coins produced, 1890 was the third highest out of 21 years of coinage operations. Hundreds of thousands of U.S. $20 double eagles were exported furing the first few years of the 1890s, the bulk from the San Francisco Mint, but also large percentages of the relatively small mintages from Carson City. Large scale meltdowns of millions of these gold coins from the nation's mints have dramatically reduced the extant population of CC-mint double eagles (PCGS # 9014) .
Estimated Value $2,000 - 2,200.
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$2,530
Lot 4801
1892-S $20 Liberty. PCGS graded MS-63. A little searching may turn up others in this quality, but it has to be said that the present example is exceptionally choice for the issue. Lovely natural toning on both sides. Pop 471; 80 finer, 79 in 64, 1 in 65 (PCGS # 9021) .
Estimated Value $2,200 - 2,400.
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$2,530
Lot 4802
1893 $20 Liberty. PCGS graded MS-63. Lightly toned on both sides. Choice with mint frost. Pop 574; 57 finer in 64 (PCGS # 9022) .
Estimated Value $1,700 - 1,800.
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$1,725
Lot 4803
1893-CC $20 Liberty. PCGS graded MS-62. Lovely golden toning on both sides. Only 18,402 struck. Jaw-dropping beauty for a CC-mint twenty. Each side has a warm shades of natural toning lightest at the center that is surrounded by a wider margin of orange-gold color. Struck with the usual care and precision on the main devices as well as the stars and legends.

Whether or not the coiner and his staff at the Carson Mint knew that 1893 would be the finale is debatable. But they had to know that the incoming Grover Cleveland democratic administration was always on the lookout for shaving needless expenses (as Cleveland saw it). As Randy Goe says of this last double eagle issue: "When beholding just about any problem free 1893-CC in AU or above, one can see the superiority of the strike, luster and color." What he says is plainly evident here. Since very few collectors will have an opportunity to own an example of the first year in the "CC" double eagle series, the 1893-CC provides a rewarding opportunity to own an eye appealing example from the final year of operations. The latest PCGS census in MS62: Pop 78; 18 finer in 63. (PCGS # 9023) .
Estimated Value $12,000 - 14,000.
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