1854-S $20 MS (PCGS#8913)
Spring 2022 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 3170
- 等级
- MS62
- 价格
- 244,528
- 详细说明
- Popular First Year 1854-S Double Eagle
1854-S Liberty Head Double Eagle. MS-62 (NGC).
This 1854-S double eagle offers rare Mint State preservation for a historic and eagerly sought issue from the first year that the San Francisco Mint produced double eagles. Sharply struck with pretty rose-gold and light olive surfaces, both sides are enhanced by full, softly frosted luster. Grade-limiting marks are small in size and singularly inconspicuous.
After several years of political wrangling, the mint in San Francisco was finally opened for business in March 1854. The Mint was located in the offices of 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, the 1854-S 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. With solid technical quality and superior eye appeal for the assigned grade, this is a coin that will appeal to advanced gold type collectors and double eagle enthusiasts.
NGC Census: 8; 35 finer (MS-65 finest).
PCGS# 8913. NGC ID: 268U.
Click here for certification details from NGC.
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