1874-CC $20 Liberty Head Double Eagle NGC VF35

Greatly desired artifact of the Old West and the Carson City Mint, this circulated double eagle is available at a better price, and would serve as a good type coin. Mintage is 115,085. NGC has graded 106 in VF with 1,443 finer.

The Carson City Mint, where this great coin was struck in 1874.

The Double Eagles that emanated from the Carson City Mint served two basic functions: a circulating instrument of commerce and a storehouse of value. The big $20 gold coins were the easiest way to mint, transport and trade the great amount of gold that had been recently been extracted from the earth of Nevada. During the different gold rushes in the West, and for many years afterwards, paper money was contemptuously derided.

That attitude made gold coins important in day-to-day business transactions, and they became the accepted method of payment in the Old West. That is why so many Carson City double eagles are found in relatively low grades today in the 21st century. More than most other Liberty head $20 gold pieces, those from the Carson City Mint remain popular and have grown exponentially in value over the years. Among the reasons for this is the romance associated with the Wild West, the Comstock Lode, and the Carson City Mint.