1870-CC $20 Liberty Head NGC AU-50
Key Date - The Queen of Carson City Twenties
|The 1870-CC is much rarer than any other CC Double Eagle, and is rarer and more famous than all CC Half Eagles ($5 gold coins) and Eagles ($10 gold coins). The 1870-CC Double Eagle is the Queen of Carson City gold.Only 3,789 pieces were struck of the 1870-CC and estimates are that today fewer than two dozen exist in all grades.
This is a rare opportunity to own one of the classic gold coins from the carson City Mint, a coin that is always in demand and commands respect.
One of the TOP 100 Greatest US Coins
|In 1866, when the second design for the double eagle was introduced, America was a vastly different country. The Compromise of 1850 lay as dead as the million young men that had given their lives on battlefields throughout the South. Reconstruction was proving to be a heavy burden on the southern states and also a political quagmire for President Andrew Johnson and the Radical Congress. However, no one in Washington could argue against the idea that the country needed divine direction to heal its recent scars. To that end, the Mint Act of 1865 included a provision that the motto IN GOD WE TRUST be placed on the nation’s coins.In the eleven years Type 2 double eagles were produced, a total of 16,160,758 pieces were struck in three mints: Philadelphia (no mintmark), Carson City (CC), and San Francisco (S).
It was during this era that Carson City coins were tainted with scandal: Allegations surfaced in 1871 and continued through 1873 that the mint was issuing lightweight gold coins. Although politically inspired, the accusations proved substantial enough to lead to the dismissal of Superintendent H. F. Rice.
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