1876 20C MS(PCGS#5299)

March 2020 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

7058

等级

MS66

价格

93,686

详细说明

Second Gorgeous Gem 1876 Twenty Cent Piece 1876 Twenty-Cent Piece. BF-2. Rarity-2. Doubled Die Reverse. MS-66 (PCGS). Blushes of iridescent reddish-apricot and blue-gray toning adorn the peripheries of this otherwise brilliant, frosty white Gem. It is a fully struck, expertly preserved example that will appeal to advanced collectors. The 1876 twenty-cent piece struck at the Philadelphia Mint is the only really collectible issue for the year. All but 20 or so (if that) of the production run at Carson City were melted down by 1877, placing the remaining examples great American rarities. Most scholars believe that the output at Philadelphia was primarily for sale as souvenirs at the 1876 Centennial celebrations held in that city, although certainly many ended up being spent. Brunner and Frost report that even with such a paltry mintage, three obverse dies and three reverse dies in four known pairings were employed, including a reuse of an 1875 reverse die. The vast majority of survivors are from two marriages, both of which used reverses with faint doubling. It is also thought that several Proof specimens that went unsold at the Centennial were placed into circulation, accounting for the occasional impaired example. The mintage of 14,640 coin would ordinarily suggest significant rarity, but fortunately numismatists of the period also saw the writing on the wall for the coin and saved them for their collections. PCGS estimates that nearly a fifth of the entire mintage are extant, most between EF and Choice Mint State. A collector is more apt to find an AU example than one in Fine condition. Among Mint State specimens, most are no finer than Choice, with only fraction approaching the Gem level. Beyond Gem the issue is a remarkable condition rarity; while many numismatists were able to preserve some soon after production, many experienced some handling before being placed in a coin cabinet. The Pogue Collection features two such pieces allowing advanced numismatists two chances to obtain a Superb Gem example. Prepare your bidding strategy accordingly. Estimate: $10,000 - $15,000. Provenance: From the D. Brent Pogue Collection. PCGS Population: 12; 7 finer (MS-67+ finest). PCGS# 5299. NGC ID: 23R8. Click here for certification details from PCGS.