1890-CC $20 Gold Liberty Double Eagle - **Prooflike NGC & HA Population Statistics**
Stuart
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This 1890-CC $20 Gold Liberty Double Eagle exhibits Reflective Prooflike surfaces on both obverse and reverse.
Carson City double eagles designated as PL by NGC are very scarce, and for many dates there are no examples with the PL designation.
1890-CC $20 Gold Liberty 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"
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Comments
I love it!
Yes, she be a fine gold piece @Stuart!
Beautiful gold coin... and a CC as well.... Very nice @Stuart ... Cheers, RickO
@Stuart That is a gorgeous prooflike double eagle!
NGC has only designated a single 1890-CC $20 as PL.
Nice. I hope the standard is identical to that used for Morgan dollars.
(Given die size and press runs, the proportion of PL double eagles should be similar to that of Morgan dollars.)
I like it. Can't beat a CC gold that's PL !!!
Excellent coin! I like PL surfaces, but especially on gold!
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Did they do any basining on double eagle dies like they did on Morgan dollar dies?
witty quote goes here
id love that one in my collection. way nice
Magnificent!
very nice, maybe unique?
Fine Example of a $20 CC
91,209 minted
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All dies were basined although the radius was different for each design and side of the coin. Repair was also identical, which is why PL coins exist.
Nice!
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 Eagles - 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.)
This 1890-CC $20 Gold Liberty Double Eagle exhibits Reflective Prooflike surfaces on both obverse and reverse.
1890-CC $20 Gold Liberty Double Eagle
Low Resolution
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High Resolution
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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"
Prooflike $20 Gold Liberty Carson City (CC) Double Eagles - 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, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
I had a couple of PL DE early when I came back into coins back when they were basically the same price as normal examples. Some of my biggest regrets of selling
11.5$ Southern Dollars, The little “Big Easy” set
@Stuart, Thanks for the detailed analysis of Heritage and NGC data on prooflike CC double eagles. I think your analysis clearly shows the rarity of these coins.
In general, the rarity of PL CC double eagles mirrors (pun intended) that of PL examples from the other mints. If you look at current NGC Census data for all dates and mints, the total number of NGC graded Liberty doubles eagles is 730,155 of which 2136 (0.29%) are designated PL and 44 (<0.01%) are designated DPL. If you combine the coins designed PL and DPL, the total is 2180 (0.30%).
Because of the increase in demand and high prices of PL double eagles over the past decade (as Crypto mentioned), many (undesignated) PL coins in PCGS holders have found their way into PL designated NGC holders. I think once/if PCGS starts designating all denominations as PL/DMPL (as they are considering), many coins will make their way back to PCGS holders.
@Crypto -- Your prooflike 1877 $20 was quite impressive, especially in regards to its frosty devices giving it a cameo appearance.
Lovely Carson City DE. Thanks for sharing!