These coins weigh almost a full oz. of gold, but their worth lies in their tremendous "intrinsic value." It comes from their historical significance, scarcity, rarity, fixed supply, making them a valuable tangible hard asset.
The Type 3 Carson City gold $20 double eagle holds a unique allure worldwide in rare coin collecting and investing and you should be a part of it, and here is why.
TOP 5 REASONS WHY YOU SHOULD BE COLLECTING AND INVESTING IN TYPE 3 CARSON CITY GOLD $20 DOUBLE EAGLES
1.) Historical Significance:
Type 3 Carson City gold $20 double eagles were minted from 1877 to 1893 with the exception of 1880, 1881, 1886, and 1887, and 1888, when their production was halted.
Completing a type 3, with Motto, $20 Carson City Mint subset consists of 12 coins and is a formidable accomplishment for its proud owner.
The Type 3 $20 Double Eagle is noticeably different than the Type I and II designs.
On the reverse side of the Type 3 coin (tails) the word "Dollars" was added in 1877, replacing the "D" in Twenty D.
Whereas the Type 1 had No Motto, "In God We Trust," and with the Type 2, the U.S. Mint added the Motto and "Twenty D"on the reverse side of the coin.
These coins hold a piece of the American frontier, symbolizing the Gold Rush era, arguably one of the most legendary and historic eras in American history, the "Wild West."
These were the gold coins that Jesse James and his gang robbed banks for. It was a time of mining boomtowns, rowdy saloons, gunslingers, and outlaws.
2.) Design and Symbolism:
James B. Longacre, Chief Engraver of the U.S. Mint designed designed the Liberty Head Double Eagle, also known as the "Coronet" Double Eagle, in 1849.
Adorning Lady Liberty on the obverse and the iconic eagle on the reverse, the intricate design of these double eagles is a testament to the artistic excellence of the time.
The Carson City mint mark, "CC," proudly identifies their origin and adds a distinctive touch to these coins, making them highly coveted among collectors and investors worldwide.
3.) Rarity:
One of the primary factors that drives the value of Type 3 Carson City gold $20 double eagles is their scarcity.
The limited number of minted coins and the mass melting they experienced have made these $20 double eagles a rare find, especially in higher certified Uncirculated Mint State grades.
This scarcity increases their appeal and contributes significantly to their investment potential.
There is no such thing as a "common" Carson City Gold Double Eagle.
4.) Collector's Market:
The collectors market for Type 3 Carson City gold $20 double eagles has steadily risen in value and demand over the past few decades.
Collectors seek these coins not only for their intrinsic value but also for their historical significance.
Investors seek these coins not only for their historical significance but also for their investment potential.
Rarity and condition are crucial in determining their market value, making them a fascinating addition to any rare coin collection.
5.) Investment Potential:
Beyond their allure to collectors, Type 3 Carson City gold $20 double eagles also present an intriguing opportunity for investors.
As tangible hard assets with historical significance, these coins offer a hedge against inflation, storage of wealth, high interest rates, and economic and political uncertainties.
Investors keen on diversifying their traditional investment portfolios ie; stocks, bonds, and real estate, recognize the potential for long-term appreciation and the value of these rare numismatic treasures.
Conclusion To Type 3 Carson City Double Eagles:
Type 3 Carson City gold $20 double eagles stand as more than just coins, they represent a connection to America's legendary past, the "Wild West" and a potential investment windfall in the future.
As collectors and investors continue to appreciate the historical value and significance of these rare treasures, the allure of Carson City gold will remain strong in the world of rare coin collecting and investing.
PRICE $66,500
The coin shown above is an 1893-CC Type 3, "With Motto" gold $20 Liberty Head Double Eagle in Mint State 63 condition, minted at the famous and legendary Mint in Carson City, Nevada at the height and heydays of the "Wild West"
It is the last year of issue of Carson City $20 gold coins, all Carson City gold and silver coins for that matter! The Sherman Silver Purchase Act in 1893 sealed the Carson City Mint's fate by shutting down the famous Mint and closing its doors forever, ending one of the most historic periods in American history and in American coinage.
This coin comes from an extremely low mintage of only 18,462 and only 28 have been authenticated and graded in Mint State 63 by PCGS.
Moreover, CAC (Certified Acceptance Corporation) has approved and given a green sticker to only 4 and they are valued at between 90 and 95k. This coin is a steal at the price we are offering.
We are projecting a significant increase in value for this coin over the next 3 to 5 years.
Don't miss out on the opportunity to own this incredible rare piece of American history!
Minuteman Rare Coin
We invite you to join our rare coin collectors and investors community and begin assembling the most historically significant, valuable, rewarding and well diversified United States rare gold and silver coin collection tailored to fit your budget.
A collection that will enrich your life and bring joy for generations to come!
Come and join us below and gain access to our 30 years of experience and expertise in Pre-1933 United States rare gold and Morgan Silver dollar coins. You will gain valuable collecting and investing insights and tips from Minuteman Rare Coin.
You will begin receiving our latest Minuteman Rare Coin Company blog posts with exciting, valuable, and informative articles about different gold and silver coins, series, types, designs, eras, new arrival inventory announcements, and much more sent directly to your inbox!
Don't miss this opportunity to expand your knowledge and begin to embark on a numismatic rare coin journey.
Join us and unlock the keys to success in the exciting and historical world of United States rare gold and silver coins!
What's the number one piece of advice we give our clients?
"Always acquire the best coins you can afford, and always choose quality over quantity!"
Sincerely,
Edward Walsh, President
Minuteman Rare Coin Company
339-222-4571
Comments