1883-CC $20 Liberty Head Double Eagle NGC AU53

Popular issue from the famed Carson City Mint. This would be an excellent type coin for your collection. With its mintage of 59,962, it is a better date Double Eagle. NGC has graded 195 as AU53 with 745 finer.

Miners working at a mine in the Comstock Lode. Gold from there was used to produce this coin.

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 mines 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 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.