Lot 1969
1874-CC PCGS graded Genuine Unc Details. Mostly untoned with semi-reflective fields. A choice looking coin. Only 1,000 struck. In 1874, it was time for the Carson City Mint to increase gold coin production. Double eagle output reached the 100,000 coin mark for the first time since the facility opened in 1870, with much of the bullion coming from deposits made the previous year. In comparison, San Francisco’s much larger double eagle mintage increased by 173,400, representing a sixteen and one-half percent rise.
With Carson City’s growing $20 gold piece production, larger quantities were shipped out of state though significant reserves were required locally to meet depositors’ redemptions. Many 1874-CC double eagles extant today have returned from lands outside of the United States where hundreds of thousands of all denominations of gold coins were exported between 1871 and 1936 (PCGS # 8971) .
Estimated Value $2,300 - 2,400.
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| Realized $4,700 |
