Coin Specifications

Category: Liberty Head $20 (1850-1907)
Mint: Carson City
Mintage: 17,387
Catalog: KM-74.2
Composition: Gold
Fineness: 0.9000
Weight: 33.4360g
AGW: 0.9675oz
Melt Value: $1236.76 (8/22/2014)
Diameter: 34mm
Numismatic specification data provided by Krause Publications NumisMaster.
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1871 CC $20 MS obverse 1871 CC $20 MS reverse


  
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Description & Analysis

In Gold Coins of the Carson City Mint, author Doug Winter recorded this date as the second rarest Carson City double eagle in high grade, behind only the exceedingly rare 1870-CC issue. When he compiled his auction analysis of double eagles, published in 1982, David Akers noted that this issue ranks in the top 15% of all double eagles for overall rarity and is tied with the 1866-S No Motto and 1870-CC issues for the lowest average grade within the entire series of double eagles from 1850 to 1933. 'Few dates in the series come generally worse than the 1871-CC,' according to Akers.

In 1871, the Carson City mint struck several thousand double eagles, with varying reports of the specific quantity. Author Rusty Goe, in his recent reference on the Carson City Mint, noted: 'Some references list the mintage for 1871-CC double eagles as 17,387, although official U.S. mint records have reported it as 14,687 since 1887.' Goe also discussed this particular specimen: 'Of the surviving 1871-CCs extant, few are inspiring, although there are several AU-55 and AU-58 examples which possess higher than average eye appeal, and two Uncirculated specimens in particular stand head and shoulders above the rest, especially that one that is graded by NGC as an MS-63.' All of the 1871-CC double eagles were struck from a single pair of dies. The date is well placed below the bust, with the first 1 approximately centered between the bust line and border. The final 1 in the date is nearly the same distance from the border. On the reverse, the CC mintmark is slightly left of center below the eagle's tail feathers, with the first C slightly higher than the second.

The early gold and silver coinage of the Carson City Mint entered circulation almost immediately after production. While in the East, gold and silver was still being hoarded with paper money serving the economic needs of that region, the precious metals coinage in the West circulated extensively. Others, mostly from later years of the Carson City Mint, were shipped overseas to the Orient, and probably found their way to the melting pot. Because of these influences, virtually all surviving examples of the Carson City Mint's output are well worn, or extensively abraded, or both.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 6/16/2014

Click on a price to see historical prices, comparison charts and trends.

1871 CC $20 MS
  GVGFVF4045505355586061626364656667686970
Base $ - - 6000 15000 34400 34400 49500 62500 73500 81500 105000 125000 180000 315000 450000 - - - - - -
$ 39500 54000 67500 77500 90000 115000 135000 205000 - - - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 176
Low Grade: PrAg
Average Grade: 50
High Grade: 64


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/1/1996 NGC VF 35   Teletrade Auction 0854, 854/Lot# 1991 $2,268.25
1/7/2004 PCGS AU 55   Heritage Auctions 2004 Orlando, FL (FUN) Signature Sale #336, 336/Lot# 3132 $32,200.00
10/23/2008 NGC AU 58   Heritage Auctions 2008 October Dallas, TX Signature US Coin Auction #1117, 1117/Lot# 3057 $66,125.00
7/7/2011 NGC AU 50   Heritage Auctions 2011 July Orlando Summer FUN Signature US Coin Auction Session(3), 1157/Lot# 5033 $31,050.00
7/26/2012 NGC MS 64   Stack's Bowers The August 2012 Philadelphia ANA World's Fair of Money Auction, 140/Lot# 11040 $322,000.00
4/6/2014 NGC   GreatCollections GreatCollections Coin Auctions 04/06/2014, 175/Lot# 184562 $7,572.40


NGC Registry

NGC Registry Score 1871 CC $20 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base31003259342335945022694375878142986010730118041241512830138991736219652204762132522199231002402824983
31533313348040705662715777728714101501108812007125531318615053181251992620759216162249923409243460
0000007772871410150110881200712553131861505318125199262075921616224992340900
0000007957928710440114461221112691135421620718888202012104221907227992371800
Registry Image Gallery
Grade: AU 58
Points: 11804
Owner: The Loaned Ranger
 
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