The Wild West. It’s a term that instantly invokes visions of cowboys and outlaws. A land of unforgiving deserts, never-ending horizons and quite literally, “fields of gold.”
While the port town of San Francisco was bustling from the riches found in the California Gold Fields, Nevada held a new dream for bewildered travelers looking into the mirage of the desert for a better life.
The Comstock Lode. In 1859 an immense trove of silver ore was discovered on the eastern slope of Mount Davidson in the “Western Utah Territory,” today near Carson City, Nevada. Shortly thereafter, prospectors struck GOLD.
The immense population boom over the next decade led to the creation of the Carson City Mint. Although some dies of the Carson City Mint were ready to go in December of 1869, none were actually used to strike a coin until 1870.
The First Year of Issue 1870-CC is a mega six-figure rarity in any grade it can be found. The 1871-CC follows in desirability and is a major stumbling block for any collector to acquire.
The $20 Double Eagle was a substantial coin of the Wild West. It would have been a viable and highly commercial denomination to conduct business with. One can instantly dream up images of pioneers spending the coin for a large purchase.
With a paltry mintage of just 17,383 coins the 71-CC is among the rarest ever produced when looking at mintage alone. However, it is propped up by the preceding 1870-CC issue which is worth a mega six figure sum in all grades it’s offered in. Low survival estimates and insatiable demand all come together to make the 1871-CC one of the smartest choices in your Carson City Collection.