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Dallas Signature US Coin Sale 1253  4-6 Apr 2017
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Lot 16013

Starting price: 1 USD
Price realized: 12 000 USD
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Liberty Double Eagles
1872-CC $20 AU50 PCGS. Variety 1-B. The mintmark is more widely spaced on this variety than the other two 1872-CC die pairings. The three die pairs struck only 26,900 coins combined, making the 1872-CC a scarce and sought-after Carson City issue. In their gold Encyclopedia, Garrett and Guth write: "The population data for About Uncirculated condition are greatly inflated by resubmissions." Indeed, the frequency with which AU-level coins appear at auction falls far behind what would be expected if the population reports were accurate.
This About Uncirculated example displays bold design elements amid vibrantly lustrous yellow-gold fields. Scattered abrasions accompany the grade, as expected, and a brush of high-point wear blends some of Liberty's hair curls. Nonetheless, visual appeal is pleasing with regards to the issue's reputation for having unsightly bagmarks and wear.
From The R. Thayer Sheets Yorktown Collection.

HID02901242017
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