1864-S $20 MS (PCGS#8942)
August 2018 ANA U.S. Coins Auction Philadelphia, PA
- 拍卖行
- Stack's Bowers
- 批号
- 1345
- 等级
- MS60
- 价格
- 53,363
- 详细说明
- Mint State 1864-S Liberty Double Eagle
1864-S Liberty Head Double Eagle. MS-60 (PCGS). CAC.
A scarce uncirculated example of this important San Francisco issue. Pale medium-gold in color, the surfaces are pleasantly lustrous and show exceptional composure on the reverse. A shallow mark at star 4 serves as a convenient pedigree marker, and the complexion is otherwise without notable blemishes.
The San Francisco Mint produced 793,660 double eagles ($15,873,200 face value) in 1864 according to government records. These circulated extensively on the Pacific Coast and it is believed that many were exported overseas. The 1864-S once ranked as a foremost rarity in Mint State; indeed, David W. Akers listed just four auction appearances of Uncirculated examples in his 1982 tome on double eagles. Since that time, additional Mint State examples have entered the market. In 1999, as a consequence of the underwater excavation of the wreck of the S.S. Brother Jonathan, which sank in 1865, newly discovered Mint State examples were added to the roster of known specimens, followed by more from the S.S. Republic treasure. It is possible that even more Mint State examples came from other sources. Presently, the Uncirculated population is estimated at 220 to 240 coins, a total that is still limited when compared to the strong demand that Mint State double eagles enjoy in today's market.
Provenance: From the Fairmont Collection.
PCGS# 8942. NGC ID: 269T.
Click here for certification details from PCGS.
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