1876-CC $20 Liberty Head Double Eagle NGC AU58

Here's a popular issue from the year of the Centennial Celebration of our great nation. Pieces struck at the Carson City Mint are greatly beloved by collectors. NGC has graded 481 as AU58, with 264 finer.

The Carson City Mint, where this exciting offering from AUCM was struck in 1876.

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. 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. That is due to, among other reasons, the romance associated with the Old West, the Comstock Lode, and the Carson City Mint.