An exceedingly uncommon double eagle from the Carson Metropolis Mint shall be bought within the Heritage Auctions December 12-15 U.S. Coins Signature Auction.
The invention of gold and silver ore within the Comestock Lode led to the institution of the Carson Metropolis Mint, which opened in 1870 and struck its final cash 23 years later. However the Nevada department mint was the topic of a lot controversy, notably due to the competing influences concerning silver mining pursuits. The Mint’s coin manufacturing was suspended from 1886-88, after efforts to shut down the Comstock’s private department mint got here as early as the power’s first few days in operation. Congressman Thomas Fitch, the Consultant for Nevada’s at-large district, made what was referred to as a “robust and efficient speech” towards the closing, after which he proposed an modification to strike from the appropriations invoice the clause that referred to as for the abolishment of the Carson Metropolis Mint. Fitch’s protection of the Mint was adopted by coining of the 1870-CC double eagle.
“The 1870-CC Double Eagle, XF45 is a powerful survivor from a minuscule mintage of simply 3,789,” says Todd Imhof, Govt Vice President at Heritage Auctions. “And of these, estimates of the surviving inhabitants have ranged from simply 40 to 65, making it the rarest gold coin from this traditionally vital Mint, and one of many biggest trophy-level cash of your entire double eagle collection. If not for Congressman Fitch’s protection of the Carson Metropolis Mint, this coin by no means would have existed.”
The coin is exceptionally uncommon in any grade, and examples on this situation are much more elusive. None are recognized in Mint State, and the instance supplied on this public sale is one in all simply 10 graded in 45, with solely 12 recognized to hold greater grades.
Additionally up for grabs within the public sale is the one instance of a 1907 Excessive Aid Double Eagle to earn a PR66 grade and the coveted Star designation that signifies distinctive eye enchantment. The 1907 High Relief Flat Rim Double Eagle, PR66★ NGC on this occasion, which options greater than 800 tons, is amongst simply 291 exambles that NGC has licensed as Proofs. Of these, simply 25 fall into the PR66 grade vary, the best of which — the instance supplied on this public sale — is the lone providing to hold the Star designation. NGC has lengthy licensed sure examples of the Excessive Aid difficulty struck with the Extremely Excessive Aid edge collar as Proofs, and PCGS now slabs these cash as specimens. The supplied instance was on show on the Museum of Cash on Wall Avenue in Manhattan previous to its consignment in Heritage’s 2008 Summer season FUN public sale.
One of many really intriguing tons within the public sale is an 1861 Seven-Piece Silver and Minor Proof Set PR62 to PR67 PCGS that features a Cent PR62, a Three-Cent Silver PR67, a Half Dime PR66, a Dime PR66 Fortin-101, a Quarter PR66 Briggs 7-E, a Half Greenback PR66 and a Silver Greenback PR67 OC-P2, R.4. The Proof silver coinage of 1861 is, general, scarcer than the instantly following No Motto Proof points. The person points are nearly universally situation rarities on the higher grade ranges, and the Proof Seated Greenback of this date particularly is a infamous rarity in grades above PR65. The Proof Seated Greenback is the best 1861 Proof greenback at PCGS. Simply 1,000 units had been produced, in settlement with the mintage totals for every 1861 Proof denomination listed within the Information E book (Crimson E book), however Walter Breen prompt that most likely 300-400 “bought as units, others as particular person cash, the rest … melted in 1862.”
Along with the 1870 Carson Metropolis Mint Double Eagle, bidders could have an opportunity to land one of many most interesting examples of a 1924-S Double Eagle, MS65 NGC. Though almost a decade faraway from the 1933 Gold Recall mandated by President Franklin D. Roosevelt, the 1924-S was closely melted within the mid-Thirties. Of the two.9 million that had been struck, most remained in authorities management by 1933. Roughly 250,000 had been “put out” to Federal Reserve banks, however few ever made it into home commerce; the bulk finally returned to the United States Mint and had been melted down. It’s believed that about 1,100 examples of this date stay. Most are in MS64 or decrease grades, making Gem-quality MS65s just like the one supplied right here an unquestioned rarity.
The public sale contains three 1875 Liberty Head Quarter Eagles, one in all which — an 1875 Liberty Quarter Eagle, MS60 — is without doubt one of the few Mint State examples from an unique mintage of simply 400, which is the second-lowest within the Liberty Head collection.
One fortunate bidder will find yourself with one in all simply 4 recognized examples of a 1724 Hibernia Halfpenny Pattern, PR40. The opposite three examples of the coin referred to as the “Neptune Reverse” sample — a moniker earned due to the trident on the reverse — are respectively pedigreed to Farouk-Norweb-Martin, Garrett-Roper, and Robison.
Additionally within the sale is an 1893-S Morgan Dollar, AU55 PCGS CAC, a gorgeous instance of a coin that seems on extra collector need lists than every other date-mintmark mixture within the collection. The demand stems partly from the truth that the reported mintage of 100,000 cash was the bottom within the collection and the quantity truly launched is regarded as even smaller. As well as, in contrast to many different low-mintage points, there have been no portions of 1893-S {dollars} launched within the twentieth century. The coin supplied on this public sale is one in all simply 46 graded in 55 (1 in 55+), with 53 carrying finer grades; CAC: there are eight graded in 55, and 12 finer.
An 1856 Half Dollar, PR65 Cameo PCGS CAC was struck two years previous to the Mint’s official advertising of Proofs to the general public. This instance is one in all simply 20-30 Proofs estimated to exist from these distinctive Proof dies. It’s one simply two examples graded in 65 Cameo, with only one different graded finer.
Extra details about the legendary Carson Metropolis Mint Double Eagle and all different tons within the public sale may be discovered at HA.com/1379.
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