Lot 1901
1877-CC. NGC graded AU-55. Light golden toning. Only 42,565 struck. The mintage of the 1877-CC dropped noticeably in this year, resulting in pieces being somewhat scarce today. Possibly as few as 800 to 1,200 exist in such grades as VF to EF, this being standard for most pieces on the market before 1980. Since that time there have been many imported, these being for the most part in the EF to AU level. We suspect that these were sent overseas from San Francisco (nearest major port) in the 1870s as part of mixed circulated gold coins.
A distinctive new type was introduced this year, with differences on the obverse and reverse, the former including the head of Liberty (which opened up more space for the date logotype), and the latter with the denomination as TWENTY DOLLARS. On the obverse the date was deeply impressed into the die, much closer to the dentils than to the neck truncation. On the reverse the CC mint letters are large and are below the eagle's tail. The present AU55 exhibits delicate toning and extensive original luster. Pop 124 (PCGS # 8983) .
Estimated Value $4,000 - 4,500.
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| Realized $6,613 |
