1881-S $20 MS(PCGS#8995)

June 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

254

等级

MS63

价格

109,171

详细说明

Condition Rarity 1881-S Double Eagle 1881-S Liberty Head Double Eagle. MS-63 (PCGS). A fully lustrous rose-orange example with outstanding surface quality and eye appeal for this otherwise relatively plentiful San Francisco Mint issue. Razor sharp striking detail throughout, and simply a lovely coin in all regards. The West Coast mint reported a mintage of 727,000 double eagles in 1881, a figure representing a face value of $14,540,000. It is likely that most of the 1881-S mintage entered into the channels of commerce and remained there until the average grade was only in the VF to EF range. Other pieces were likely reserved in banks and Treasury vaults for the redemption of Gold Certificates. Q. David Bowers in his 2004 Guide Book of Double Eaglesestimates an Uncirculated supply of 500 to 750+ pieces. This estimate is nicely reflective of combined PCGS and NGC population statistics (taking into consideration the likelihood of resubmissions), and represents a large increase in available supplies since the early 1980s. Obviously many examples have been repatriated from foreign bank reserves in recent years, a familiar story in the Liberty Head double eagle series. With most survivors grading no finer than MS-62, this beautiful Choice example is a formidable condition rarity that would serve as a highlight in the finest collection. Provenance: From the Fairmont Collection. PCGS Population: 21; 6 finer (MS-64 finest). PCGS# 8995. NGC ID: 26BD. Click here for certification details from PCGS.