1855-S $20 MS(PCGS#8916)

March 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

2315

等级

MS62

价格

83,596

详细说明

Rarely Offered Mint State 1855-S Double Eagle 1855-S Liberty Head Double Eagle. MS-62 (PCGS). Gold Shield Holder. A glorious example of this popular early San Francisco Mint gold issue. Fully struck with bountiful satin luster, the surfaces are further adorned with vivid rose-gold patina. The level of preservation is superior to that seen in the typical survivor of this issue, the surfaces solidly in the Mint State category and nearly Choice. Double eagle enthusiasts and Gold Rush collectors alike are sure to compete vigorously for the honor of acquiring this significant condition rarity. The San Francisco Mint struck 879,675 double eagles in 1855 with a face value of $17,593,500. The year's production of double eagles went into high gear at the West Coast facility owing to the continuing influx of gold from the region's gold fields. The mintage of the 1855-S, in fact, is more than six times that of the preceding freshman year, 1854, when the San Francisco Mint was getting started and gaining speed. Most examples of this issue were used in commerce on the West Coast. Prior to the discovery and salvage of the S.S. Central Americatreasure, the 1855-S was a major condition rarity in Mint State. Of the 304 examples recovered from that shipwreck, 63 coins were in Mint State preservation. A smaller number of Uncirculated coins were found in an earlier shipwreck salvage off the coast of Florida during the 1970s, although those coins are noticeably impaired with granular surfaces from years of immersion in sea water. The S.S. Central Americacoins, however, have been expertly preserved and now account for the majority of Mint State 1855-S twenties certified by PCGS and NGC. When viewed in the wider context of the Liberty Head double eagle series, nevertheless, the 1855-S remains scarce to rare in all Uncirculated grades. Exceptionally appealing at the MS-62 level, the coin offered here is sure to please discerning bidders. PCGS Population: 29; 23 finer (MS-66 finest). PCGS# 8916. NGC ID: 268X. Click here for certification details from PCGS.