1862 $20 MS(PCGS#8937)

October 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

2170

等级

XF45

价格

91,935

详细说明

Key Date 1862 Double Eagle 1862 Liberty Head Double Eagle. EF-45 (PCGS). This handsomely original example displays vivid rose outlines to the devices, the balance of the surfaces dressed in deep khaki-gold patina. Lustrous for the assigned grade with overall bold definition and an uncommonly smooth appearance for the assigned grade. After striking a record total of 2,976,453 circulation strikes in 1861, the Philadelphia Mint delivered just 92,133 double eagles for commerce in 1862. This marked reduction in output is a result of the suspension of gold specie payments by Northern banks in late 1861 due to the uncertain outcome of the Civil War. Most examples of this issue were used in export trade, survivors scarce and representing coins that have been repatriated in recent decades. The 1862 has never been represented in quantity in double eagle finds, however, an example being the treasure of the S.S. Brother Jonathan shipwreck that yielded just a single coin. With fewer than 300 coins extant in all grades, this exceptionally attractive Choice EF clearly represents a significant offering for one of the rarest Philadelphia Mint double eagles of the Type I Liberty Head design. Provenance: From the Fairmont Collection. PCGS Population: 14; 50 finer, only 11 of which are Mint State (MS-63 finest). PCGS# 8937. NGC ID: 269M. Click here for certification details from PCGS.