1865-S $20 MS(PCGS#8944)

August 2023 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

5185

等级

MS64

价格

157,285

详细说明

A Second Near-Gem 1865-S $20 Also Ex S.S. Brother Jonathan 1865-S Liberty Head Double Eagle. MS-64 (NGC). CAC. Vivid rose-orange surfaces are as smooth and inviting as the day of striking. Overall detail is bold, the peripheries with a touch of softness in isolated areas, but the centers impressively sharp. Billowy satin to softly frosted luster further enhances already strong eye appeal. The mintage for this issue is 1,042,500 pieces, one of the largest production figures for the denomination during the Civil War and Reconstruction eras. These circulated freely on the West Coast, where most became well-worn in a relatively short time. The 1865-S was once considered an extreme rarity in Uncirculated condition. David W. Akers in his 1982 double eagle reference book accounted for just three listings of Mint State examples in a survey of more than 400 major auction sales. This all changed in 1999 when gold coins found on the wreck of the S.S. Brother Jonathancame on the market. Nearly 600 Mint State 1865-S double eagles were recovered from that shipwreck. Wait, there's more! Later, the S.S. Republictreasure yielded 939 pieces. All of these treasure coins were quickly snapped up by eager buyers - testimony to the depth and breadth of the rare coin market. Returning to the open market, the present near-Gem from the S.S. Brother Jonathantreasure is eagerly awaiting inclusion in another advanced cabinet. It holds equal appeal for double eagle specialists, high grade type collectors, and shipwreck enthusiasts. Provenance: Ex S.S. Brother Jonathan. PCGS# 8944. NGC ID: 269V. Click here for certification details from NGC.