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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