Price: 14,000.00 - SOLD - 2/07/2011* Free Shipping and Insurance for coins at $10K or above.
1891-CC Double Eagle (1891-CC $20) PCGS AU50. The double eagles of 1877 to 1907 are the Longacre-Barber design. They include the motto IN GOD WE TRUST, which was added in 1865. With the Gold Rush of 1849 in California, there was a large increase in the amount of gold coming into the Mint for coinage. Consequently, a bill was introduced in the House to coin $20.00 denominations called double eagles. James Longacre designed the coin, which was substantially different from the previous capped Liberty eagle. It was similar to Gobrechts Large Cent Braided Hair Coronets of 1839 to 1857 in that instead of the cap, Liberty now wore coronet with her hair tied in the back.
The reverse design depicted a modified heraldic eagle with a circle of stars above its head which are in turn surrounded by rays. The motto E Pluribus Unum is on each side of the eagle on matching ribbons. The present coin is the third type. The first had the denomination TWENTY D. Type II added the motto In God We Trust within the circle of stars, and Type III changed the denomination to TWENTY DOLLARS. The 1891-CC had a miniscule mintage for this design type. With only 5,000 pieces struck, the coin is rare in all grades, especially those above XF.
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