The 1871-CC Coronet Head Gold $20 Double Eagle is a highly prized coin among collectors and numismatists, offering not only stunning craftsmanship but also a rich historical legacy. Minted at the famed Carson City Mint, this coin represents an era of American history deeply tied to the Westward Expansion, mining booms, and the burgeoning nation’s desire for wealth and stability. With only a limited number struck and even fewer surviving, this gold piece is considered a rare and valuable treasure.
Historical Context of the 1871-CC Gold $20 Double Eagle
The Carson City Mint was established in 1870 in Carson City, Nevada, to meet the demand for coinage from the vast quantities of gold and silver being extracted in the region. The “CC” mintmark has since become synonymous with rarity and intrigue due to the limited mintage of many of its coins. The Coronet Head Gold Double Eagle series began in 1850 and was minted until 1907, with the Carson City mint contributing coins for a short period between 1870 and 1893.
Unique Features of the 1871-CC Double Eagle
The 1871-CC Coronet Head Gold $20 Double Eagle is renowned for its intricate design and distinct characteristics:
- Obverse Design: The obverse features Lady Liberty wearing a coronet (a type of crown) inscribed with the word “LIBERTY.” Her profile is surrounded by 13 stars, representing the original American colonies, and the year “1871” appears below.
- Reverse Design: The reverse side shows a heraldic eagle holding a shield and an olive branch, symbolizing peace and strength. Above the eagle is the phrase “UNITED STATES OF AMERICA” and below, the denomination “TWENTY D.”
- “CC” Mintmark: Perhaps the most distinguishing feature is the “CC” mintmark, denoting its origin from the Carson City Mint. This mintmark adds significantly to the desirability and value of the coin.
Why the 1871-CC Double Eagle Is So Rare
There were 17,387 of these coins originally struck in 1871. However, only a fraction of these coins are known to exist today due to a variety of reasons, such as melting down for gold content, wear from circulation, and loss. As a result, finding an 1871-CC Double Eagle in any condition is an exceptional occurrence for collectors.
Value and Collectibility
The value of an 1871-CC Coronet Head Gold Double Eagle depends heavily on its condition, with professionally graded and authenticated coins fetching the highest prices. Some of the factors influencing value include:
- Grading and Condition: Coins graded by reputable organizations like the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC) are often worth more.
- Historical Provenance: Coins with documented histories or connections to notable events can carry a premium.
- Market Demand: As with many rare coins, demand fluctuates with trends in the numismatic community.
How to Preserve and Identify the 1871-CC Double Eagle
If you have or acquire an 1871-CC Double Eagle, preserving it properly is crucial to maintaining its value:
- Authentication: Get the coin graded and authenticated by a recognized service like PCGS or NGC to confirm its authenticity.
- Proper Storage: Store the coin in a secure, temperature-controlled environment using specialized coin holders or cases to prevent damage.
- Examine the Mintmark: Ensure that the “CC” mintmark is genuine, as this adds significant value.
Conclusion
The 1871-CC Coronet Head Gold $20 Double Eagle is a testament to America’s rich history and the artistry of its early coinage. Whether you’re an experienced numismatist or a collector with a passion for history, owning a piece like this is like holding a tangible connection to the past. Its rarity, beauty, and historical significance make it a prized possession for any coin collector.
FAQs
Why is the 1871-CC Double Eagle so valuable?
Its rarity, limited mintage, and “CC” mintmark from the Carson City Mint make it highly sought after among collectors.
How can I determine if my coin is authentic?
Have your coin authenticated and graded by a trusted service like PCGS or NGC to confirm its authenticity.
What affects the value of this coin?
The coin’s condition, authenticity, historical significance, and demand in the market all impact its value.