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1890-CC $20 Liberty Gold Double Eagle Images - NGC & HA Prooflike Population Statistics

StuartStuart Posts: 9,761 ✭✭✭✭✭
edited May 12, 2019 8:24AM in Testing Forum
1890-CC $20 Liberty Gold Double Eagle
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Stuart

Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

"Luck is what happens when Preparation meets Opportunity"

Comments

  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    edited May 7, 2019 1:08PM

    1890-CC $20 Gold Liberty Double Eagle - (Improved Images - 2019)


    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Very nice !!! :)

    Timbuk3
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    edited May 12, 2019 8:24AM

    As an Introduction, the following quote from noted Gold Coin Expert Douglas Winter about collecting Carson City Double Eagles is worthy of consideration:

    "The greatest challenge for the collector of these coins is not finding specific dates but, rather, locating clean problem-free coins. As mentioned above, the typical Carson City double eagle, whether it grades Very Fine-30 or Mint State-61, tends to have negative eye appeal due to excessive marks, scuffing or mint-made spotting. Coins which have truly good eye appeal are quite rare and deserve to sell for a strong premium over average quality specimens. The collector is always urged to “stretch” for exceptional pieces with high quality eye appeal."

    Prooflike $20 Gold Liberty Double Eagle - Heritage Auction (HA) Population Statistics:

    As of May 8, 2019, of the 68,878 $20 Liberties auctioned by Heritage (HA), only 812 (1.2%) are designated as Prooflike (PL) by the TPGS (NGC & ANACS). The predominant amount 367 (45%) of those 812 were minted solely in 1904.

    (Note: PCGS does not attribute the PL or DMPL designation for $20 Liberties.)

    Of the 68,878 $20 Liberties Auctioned by HA, 7390 (10.7%) were minted in Carson City (CC). However, only 506 (6.9%) of those Carson City Double Eagles were mentioned to exhibit Prooflike surfaces in the auction description. A total of only Seventeen (17) (0.23%) of the CC Double Eagles were Grade Designated as PL by either NGC (15) or ANACS (2), and only One (1) 1890-CC. I consider those populations to be at least really scarce, if not rare...

    (Footnote: Prooflike $20 Libs (esp PL CC $20 Libs) are for whatever reason Much Scarcer (by 1 or 2 orders of magnitude) than their Carson City Morgan Dollar counterparts.)


    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    edited May 12, 2019 9:09AM

    Prooflike $20 Gold Liberty Carson City (CC) Double Eagle - NGC Population Statistics

    After recently completing a Date-By-Date Analysis of NGC Population Statistics for Prooflike Carson City $20 Gold Liberty Double Eagles, the following are several summary conclusions:

    Summary Conclusions:

    1) All Type 2 CC $20 Liberty NGC Graded pops are <2% of Original Mintage, and PL% is <0.34% of NGC Graded CC Population (most are zero).

    2) All Type 3 CC $20 Liberty NGC Graded pops are between 2-5% of Original Mintage, and PL% is between 0.04% and 1.16% of NGC Graded CC Population.

    3) Out of a Total of Only 41 coins that NGC attributed as PL, Only 3 years (1876-CC, 1892-CC & 1893-CC) totaling 26 coins, represent 63% of the total Carson City NGC Graded PL Designated Population.

    (Note: Since PCGS does not apply the Prooflike designation to this series, the NGC Report is as comprehensive a population study as I can do with publicly available information.)


    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
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