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 |
