1868-S $20 MS(PCGS#8954)

Spring 2022 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

5409

等级

MS62+

价格

244,528

详细说明

Phenomenal Condition Rarity 1868-S Double Eagle Tied for CC#1 at PCGS 1868-S Liberty Head Double Eagle. MS-62+ (PCGS). Wisps of pale rose mingle with dominant honey-orange color on both sides of this handsome, pleasingly original example. Boldly struck overall for an example of the challenging Type II Liberty Head double eagle, the reverse is actually sharply defined throughout. Both sides are very smooth and well composed for an issue that is elusive even in lower Mint State grades. Consistent with other years during the 1860s, the production of double eagles at the San Francisco Mint was immense, dwarfing that of the Philadelphia facility. In 1868, some 837,500 examples were coined and most entered into the channels of commerce along the Pacific Coast, where gold was used in day-to-day transactions as freely as paper money was used back East. Many others were likely shipped overseas and melted. Q. David Bowers estimated a population of just five to eight different Uncirculated examples when he wrote his Guide Book of Double Eaglesin 2004. This estimate agrees nicely with David W. Akers' 1982 research, finding six examples cataloged as Mint State in a survey of more than 400 major auction sales. More recently, it would appear that a number of additional MS-60/61 quality examples have come onto the market although, like its identically dated Philadelphia Mint counterpart, the 1868-S remains a major rarity in Mint State. Very close to Choice Uncirculated, this offering from the Fairmont Collection is for a newcomer to the census that is tied for finest certified by PCGS with only two other grading events in MS-62+. It is an impressive condition rarity that would serve as a highlight in any collection. Provenance: From the Fairmont Collection-Hendricks Set. PCGS Population: 3; 0 finer at this service. PCGS# 8954. NGC ID: 26A4. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. Click here to see Coins in Motion.[“Coins]