1863 $20 MS (PCGS#8939)
November 2021 Baltimore U.S. Coins auction
- 拍卖行
- Stack's Bowers
- 批号
- 4131
- 等级
- AU53
- 价格
- 114,680
- 详细说明
- Elusive Circulation Strike 1863 Double Eagle
1863 Liberty Head Double Eagle. AU-53 (PCGS).
Supremely attractive About Uncirculated preservation for this seldom offered Civil War double eagle issue. Retaining abundant mint luster, both sides are dressed in dominant golden-orange color. The obverse, in particular, is further distinguished by iridescent pinkish-red highlights nestled in the protected areas around and within many of the design elements. Sharply defined overall with strong eye appeal. The Philadelphia Mint produced just 142,790 circulation strike double eagles in 1863. Due to hoarding, the issue did not circulate in the East or Midwest. Gold coins were available only by paying a sharp premium for them. It is likely that many double eagles of this era were exported and melted at their destination, as Uncirculated examples have not turned up in European bank hoards. In fact, many of the 50 to 55 Mint State pieces extant have been recovered from the wreck of the S.S. Republicby Odyssey Marine Exploration. Given that the 1863 is scarce even in circulated grades (Bowers, 2004, accounts for just 200 to 300 worn examples), the opportunity to acquire this premium quality AU-53 deserves serious bidder attention.
PCGS# 8939. NGC ID: 269P.
Click here for certification details from PCGS.
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