Lot 4048
1892-CC $20 Liberty. PCGS graded MS-62. A rare coin in this grade! Well struck by the dies, with full stars and hair on the obverse, the reverse with lettering and feathers, and again, no signs of weakness. Strong mint bloom and luster, overlayed with a rich coppery gold color. Scattered marks, expected on these large, heavy coins, but they are not deep or distracting. Liberty's face is generally clean, with no deep gouges or other problems that often mar coins in this grade. PCGS has graded only 15 this high, and importantly, just 4 higher, all MS-63 above! Hence, this is one of the better ones known of this date. As the gold started to play out in Carson City, the erratic mintages also fell, and by 1892, only 27,265 double eagles were coined. Most of these were lost or later melted, and few remain for collectors today, especially in such lofty grades. As 1893 unfolded, a sharp depression swept America, and this was the final blow to the Carson City Mint, which closed its doors and ceased operations as a Mint.
Estimated Value $5,000 - 6,000.
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| Realized $5,750 |
