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1890-CC Prooflike $20 Liberty Gold Double Eagle - New Purchase & Photos

StuartStuart Posts: 9,831 ✭✭✭✭✭
I'm interested in hearing what the Forum Members and especially the $20 Liberty and Carson City Gold Specialists think about this new 1890-CC $20 Liberty that I recently acquired at a local coin show.

This one was especially tough to photograph to properly capture the reflective fields. I think she's quite attractive!! image


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

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    PlacidPlacid Posts: 11,299 ✭✭✭
    What are the 3 marks under the chin from?
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    dcarrdcarr Posts: 10,062 ✭✭✭✭✭


    << <i>What are the 3 marks under the chin from? >>



    The edge reeding marks from the impact of a perpendicular coin, of course.

    Looks like AU-55 PL.
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    PerryHallPerryHall Posts: 47,537 ✭✭✭✭✭


    << <i>

    << <i>What are the 3 marks under the chin from? >>



    The edge reeding marks from the impact of a perpendicular coin, of course.

    Looks like AU-55 PL. >>



    Agree. Do they use the PL designation for the AU55 grade?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    I like it, nice looking coin, but tough to get a good read on it from those images.
    It's either high AU or low MS. I've certainly seen uglier in MS holders.
    Some may find the copper/alloy spots distracting.
    Nice pickup. image
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    StuartStuart Posts: 9,831 ✭✭✭✭✭
    I took an additional digital obverse photo of this coin that may help better define the surface preservation... For whatever reason the contact "reed marks" on the obverse appear much more apparent in these images than they do when viewing the coin in person.

    As many already know, Carson City minted $20 Libs are typically heavily bagmarked ,and can be tough to find in eye appealing condition.


    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"
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    cmerlo1cmerlo1 Posts: 8,044 ✭✭✭✭✭
    MS-60, maybe PL...
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
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    JapanJohnJapanJohn Posts: 2,030
    Try to diffuse your flash. Set your camera up and hold a piece of printer paper slightly away from the flash and blocking it.

    Really brings out the details and kills a lot of the reflection.

    John
    Coin Photos

    Never view my other linked pages. They aren't coin related.
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    jhdflajhdfla Posts: 3,030 ✭✭✭
    I can't tell if that's a hit on the right wing of the eagle or wear, I'm guessing a hit, as the left wing exhibits no rub. Might be mint state, or AU 58. Don't mind the alloy spots in the least. Neat pick-up!
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    StuartStuart Posts: 9,831 ✭✭✭✭✭
    John: Thanks for the photography suggestion. However, I took the photo by tilting the coin into diffuse natural daylight and did not use a flash. This is a very challenging coin to image to depict the reflective surfaces.

    I also took some straight-on shots to show the surface details, which don't show the luster.

    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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    BloodManBloodMan Posts: 1,839 ✭✭✭✭✭
    I am a fan of prooflike gold—very nice double eagle. I completely agree that PL gold can be very difficult to image and the abrasions in the fields are much more pronounced in images. I am going to say AU58 due to the apparent rub on the cheek in the first image, and overall chatter in combination with the reflective surfaces.

    Carson City double eagles designated as PL by NGC are very scarce, and for many dates there are no examples with the PL designation.
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    ajmanajman Posts: 1,359 ✭✭✭
    Stuart, very beautiful coin, tell me, is the lack of hair detail on the top typical for this issue? I noticed that the hair at the top is not well defined. Regardless, very nice coin!
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
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    I like the coin alot.. Very pretty surfaces
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    coinkatcoinkat Posts: 24,399 ✭✭✭✭✭
    The coin presents its own challenges for photography and posting an image here... I will be the last person to be critical of the effort.

    Likely a high end AU coin... but the tips of the wings lead me to think that it without a doubt, an in hand review is required for this coin

    Experience the World through Numismatics...it's more than you can imagine.

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    mbogomanmbogoman Posts: 5,319 ✭✭✭✭✭
    Well, I'm going to go out on a limb and go with somewhere in the low MS range - maybe 62ish. I really like the details, they are fantastic, especially on the reverse. I think the lack of hair detail on the top may be from a weak strike. It's very hard to gauge from the bright photos. If it has seen circulation, then it's a 58+ for sure!
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    StuartStuart Posts: 9,831 ✭✭✭✭✭
    Thanks to everyone for their complimentary comments and observations about my new 1890-CC $20 Liberty Gold Double Eagle. Without commenting yet on the grade, I'd like to answer some of the excellent questions that have been asked. I prefer focusing more on the eye appeal of the coin, than on the grade.

    As an Introduction, the following quote from Douglas Winter is worth noting"

    "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."

    1) << What are the 3 marks under the chin from? >> DCarr: Thanks for correctly answering Placid's question. They are indeed reed (or milling) marks resulting from contact with another coin either during the minting process or in the mint bag, because this coin did not see much (if any) circulation.

    2) << Do they use the PL designation for the AU55 grade? >> PerryHall: In reply to your question, yes NGC does designate $20 Liberty Gold Double Eagles as PL in both MS and AU grades if their surfaces are reflective enough to qualify.

    3) << I can't tell if that's a hit on the right wing of the eagle or wear, I'm guessing a hit, as the left wing exhibits no rub. >> JHDFLA: You are correct, there is a small contact mark on the lower middle portion of the Eagle's right wing (viewer's left) with no evident rub.

    4) << Stuart, very beautiful coin, tell me, is the lack of hair detail on the top typical for this issue? I noticed that the hair at the top is not well defined. >> AJMan: In this case the coin does exhibit slightly better hair detail just to the right of Miss Liberty's crown than depicted in my digital images. Since I took the photos in reflected light the hair details are not as discernable in the images as when examining the coin in hand. Refer to Doug Winter's following CC Double Eagle Introduction & Overview for more details.

    Douglas Winter's Introduction & Overview of Carson City Double Eagles

    5) << Carson City double eagles designated as PL by NGC are very scarce, and for many dates there are no examples with the PL designation. >> BloodMan: You are certainly correct. I did a quick check of Heritage's Aucton Archives and found the following statistics:

    Out of 44,668 $20 Liberties auctioned by Heritage, only 4232 (9.5%) were minted in Carson City. However, only 89 (2.1%) of the Carson City Double Eagles were mentioned as exhibiting Prooflike surfaces in the auction description. A total of only eleven (11) (0.26%) were actually designated as PL by either NGC or ANACS (mostly NGC). I'd call those populations at least really scarce if not rare...

    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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    orevilleoreville Posts: 12,292 ✭✭✭✭✭
    Stuart:

    Indeed, an attractive coin. I like it. I am not sure JA will sticker it due to the reeding. He is very fussy.

    As best as I can tell, I am ok with the AU-58 grade assigned by NGC. There appears to be the slight loss of mint luster in the fields which gives it the AU-58 grade.

    Knowing NGC, they might have been tempted to grade it MS-60 but probably net graded it AU-58 due to the reeding marks on this attractive coin.

    I suspect that PCGS might go as low as AU-55+ as their net grade of an otherwise AU-58 due to the reeding marks.
    A Collectors Universe poster since 1997!
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Very nice coin.... despite the marks. I like CC gold and find I can be content even with the minor bag marks. I am not a grade chaser, but rather a coin collector. Cheers, RickO
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    LongacreLongacre Posts: 16,717 ✭✭✭
    Nice coin, possible spooning on the cheek of Liberty. Uncertain because of the picture, and I would need to examine the coin in hand. Gently retoned after years of being housed in a velvet-lined drawer. If no spooning, MS62, Plus, Sticker. image If spooning, net 61, no Plus, no Sticker. image
    Always took candy from strangers
    Didn't wanna get me no trade
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    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
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    crypto79crypto79 Posts: 8,623


    << <i>I am a fan of prooflike gold—very nice double eagle. I completely agree that PL gold can be very difficult to image and the abrasions in the fields are much more pronounced in images. I am going to say AU58 due to the apparent rub on the cheek in the first image, and overall chatter in combination with the reflective surfaces.

    Carson City double eagles designated as PL by NGC are very scarce, and for many dates there are no examples with the PL designation. >>



    I trust what Bloodman says and would like to add his collection of PL DE is one of the collections I would love to see the most out of the board members(museum worthy sets aside).
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    StuartStuart Posts: 9,831 ✭✭✭✭✭
    Perhaps the following new digital image of my 1890-CC $20 Liberty Obverse will provide a more discernable look at the coin than depicted in my previous images. The coin exhibits watery prooflike reflective fields on both obverse and reverse.

    image

    image
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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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    coinkatcoinkat Posts: 24,399 ✭✭✭✭✭
    It is a keeper... while I previously wrote high end AU... and I think everyone appreciates the photographic effort, the pictures still do not replace the need for an in hand review for this one.

    Experience the World through Numismatics...it's more than you can imagine.

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    dizzyfoxxdizzyfoxx Posts: 9,823 ✭✭✭
    Very attractive double eagle.image
    image...There's always time for coin collecting. image
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    For an AU55/58 coin those reed hits are superficial, plus this is a heavy gold coin that tended to pick up hits. If it was MS63 it would be a different story.

    The PL fields almost make it impossible to pick up signs of circulation or loss of luster in these photos. But the cheek does show some flatness, discoloration in the original photo which leads me to believe it's a higher end AU. Very striking and attractive coin with a nice strike to boot. Here is a nice AU CC $20 that doesn't look like it was run over by a train or cleaned to death like most of its brethren. One of the local shops I frequent tends to get in a lot of nice 18th and 19th century coins from time to time. But I don't think I've ever seen them get in nice CC $20's like that.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    pursuitoflibertypursuitofliberty Posts: 7,837 ✭✭✭✭✭
    Stuart,

    What a wonderful addition to your collection! image

    Trying to get the read on all your shots of her, and imagining her in hand, I am sure she is a very attractive speciman. Looks solid if the grade is 58, which does appear to be the case. A 58PL seems applicable. I could also accept that she could be graded low MS PL as well. Lower than 58 seems unlikely.

    However, regardless of the numerical, that is a very special coin indeed.

    Congrat's! ... and thanks for sharing her image

    image



    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242

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