Uncertified 1893-CC Coronet gold double eagle realizes $12,075
- Published: Aug 4, 2015, 6 AM

For every massive coin auction presented by one of the major auction firms, there are many smaller auctioneers around the country that also have strong coin sales.
Steven L. Davis’ Michigan firm Numismatic Auctions LLC typically holds two auctions a year, and its latest summer sale took place June 29 in Okemos, Mich. Unlike many auctioneers, Davis offers the majority of his coins uncertified, letting bidders ultimately decide what a coin is worth. His latest auction offered a huge range of U.S. and world material, and literally had something for everyone and nearly every budget.
Here is one of three coins that we took note of.
The Coin
1893-CC Coronet gold $20 double eagle, Uncirculated
The Price
$12,075
The Story
Among the top lots at the auction was this 1893-CC Coronet gold $20 double eagle that brought a bid of $10,500 (bringing a total price realized of $12,075 with the 15 percent buyer’s fee). The tougher issue, from the final year of the Carson City Mint, was described as “Lustrous original Unc and nearly Choice save some light scattered contact.”
It takes some guts to pay a five-figure price for an uncertified coin and confidence in one’s grading ability. At the $12,075 level, the double eagle sold for a price consistent with what a top-quality About Uncirculated 58 example or a lower-grade Mint State piece might bring at auction.
For example, at last year’s American Numismatic Association auctions, Heritage sold one graded MS-60 by Numismatic Guaranty Corp. for $12,925, while Stack’s Bowers Galleries sold one Professional Coin Grading Service graded as MS-61 for the same amount.
Keep reading this Market Analysis:
Dual-graded 1856 Flying Eagle cent capitalizes on widespread demand at $9,200
More from CoinWorld.com:
American Liberty, High Relief gold coin ‘currently unavailable’ after sales top 30,000 within 75 minutes of launch
Gold American Eagle bullion sales in July more than double June's total [INFOGRAPHIC]
1933 gold double eagle case continues as court vacates earlier ruling that awarded coins to family
Silver American Eagle bullion sales climb for third straight month [INFOGRAPHIC]
Here's what the West Point Mint's bullion storage vault looks like
Keep up with all of CoinWorld.com's news and insights by signing up for our free eNewsletters, liking us on Facebook, and following us on Twitter. We're also on Instagram!
Community Comments
Headlines
-
US Coins Jan 23, 2023, 12 PM
Monday Morning Brief for Jan. 23, 2023: A century apart
-
Paper Money Jan 21, 2023, 2 PM
Jordan introduces new note series to replace older notes
-
US Coins Jan 20, 2023, 2 PM
Week's Most Read: Double-struck dollar
-
US Coins Jan 20, 2023, 1 PM
NICAC calls for implementing two 2023 commem coin programs