1854-S $20 MS(PCGS#8913)
1854-S $20 MS (PCGS#8913)
The Summer 2022 Global Showcase Auction U.S. Coins
- 拍卖行
- Stack's Bowers
- 批号
- 3405
- 等级
- MS60
- 价格
- 190,294
- 详细说明
- Popular First Year 1854-S Double Eagle Rare Mint State Preservation 1854-S Liberty Head Double Eagle. MS-60 (PCGS). Outstanding lustrous surfaces are bathed in mint frost. This is a well struck coin with most design elements fully rendered. It is also very well preserved for both the issue and the assigned grade. Not only are the surfaces fully Mint State, but they are largely free of individually distracting marks. Visually appealing and sure to impress. After several years of political wrangling, the mint in San Francisco was finally opened for business in March 1854. The mint was first located in the offices of the highly regarded private coiners Moffat & Company at 608-610 Commercial Street until 1874 when it was replaced by a larger facility better suited for mass production. The first coins struck in 1854 were the five main gold denominations: the gold dollar, quarter eagle, half eagle, eagle, and the double eagle. A total of 141,468 $20 gold pieces were struck that first year, all of which were promptly absorbed into the regional economy and would remain there for years. Because of the coins' heavy use in a cash-starved West, this is a comparatively scarce issue that is almost always found in low grades. It was not until a group of 1854-S double eagles were found on the wreck of the Yankee Bladethat any examples in higher grades became available. Even so, this issue is scarce in Mint State with Q. David Bowers accounting for only 200 to 300 Uncirculated examples when he wrote his Guide Book of Double Eagle Gold Coinsin 2004. Examples such as this are particularly desirable among advanced collectors given that the issue is seldom encountered in finer certified grades. Provenance: From the Fairmont Collection - JBR Set. PCGS# 8913. NGC ID: 268U. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.