1867-S $20 MS(PCGS#8952)

1867-S $20 MS (PCGS#8952)

November 2019 Baltimore U.S. Coins Auction

详细说明: 1867-S Liberty Head Double Eagle. MS-60 (PCGS). Handsome honey-orange surfaces are lustrous with a suitably sharp strike for this challenging Type II Liberty Head $20 gold issue. Mint records indicate that 920,750 double eagles were produced at the San Francisco facility during 1867, amounting to $18,415,000 in face value. As is typical of double eagles produced at this mint, they were heavily used in day-to-day transactions on the Pacific Coast, something completely opposite to the situation that prevailed in the eastern half of the United States, where precious metal coins were extensively hoarded and most transactions were conducted using paper money. Q. David Bowers estimated a Mint State population of just three to five different Mint State examples when he wrote his 2004 Guide Book to Double Eaglespublished by Whitman. This dovetails nicely with David W. Akers' research, as the latter found only three listings of Uncirculated specimens in a survey of more than 400 major auction sales. Although a few more Uncirculated coins have slipped into the market in recent years, likely from overseas finds, the 1867-S continues to be celebrated as a major condition rarity. A highlight of the double eagle offerings in this sale, and a find for the advanced gold enthusiast. PCGS Population: 26; 17 finer (MS-62 finest). PCGS# 8952. NGC ID: 26A2. Click here for certification details from PCGS.