1878 20C PR(PCGS#5306)

1878 20C PR (PCGS#5306)

March 2020 Baltimore U.S. Coins Auction

详细说明: 1878 Twenty-Cent Piece. Proof-64 (NGC). Deep purple-russet and brown peripheral toning shows on both sides. Nice depth of reflectivity is seen in the fields under the color with fine, but noticeable frost over the devices. The centers on each side are really quite well impressed from the proof dies with the devices being struck carefully. No business strikes were made, and only 600 proofs were struck. A few minor marks on the obverse explain the PR-64 grade. Although the Western silver producers were selling large amounts of silver to the Mints at a decent price in the early 1870s, due to the acquiescence of the Mint Director, Linderman, it never seemed quite enough. Nevada Senator Jones attempted to improve the situation by introducing legislation for a twenty cent piece, producing the absurd claim that storekeepers in the West were shortchanging customers on the grounds that no five cent coins were on hand. There were plenty of half dimes yet in circulation in that area, but no one bothered to mention that fact. At any rate, Congress did authorize the new coins, but they failed as a superfluous denomination when they were widely confused as a quarter. Provenance: From the Macon Collection. PCGS# 5306. NGC ID: 27H5. Click here for certification details from NGC.