1882-S $20 MS(PCGS#8998)

Spring 2019 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

2156

等级

MS63

价格

56,306

详细说明

1882-S Liberty Head Double Eagle. MS-63 (PCGS). CAC. An exceptionally smooth and well preserved example of this otherwise relatively obtainable San Francisco Mint double eagle issue. Vivid rose-orange patina throughout, the surfaces also possess frosty mint luster and a razor sharp strike. The San Francisco Mint coined 1,125,000 double eagles ($22,500,000 face value) in 1882, attesting to the fact that the demand for gold coins on the West Coast continued to be robust. Large numbers entered into the channels of commerce where they circulated until they were well worn; others were used in overseas trade. Back in 1982 David W. Akers regarded the true Uncirculated examples of the issue as "definitely scarce" and accounted for auction appearances of Mint State examples in scarcely more than 5% of the major auction sales he examined in his research. By 2004, when Q. David Bowers wrote his Guide Book of Double Eagles, the situation had changed, and Mint State examples were estimated to be in the hundreds rather than dozens. Current high-end estimates put the Uncirculated population in excess of 1,000 pieces, and MS-60 examples command prices close to the "type" level. At and above the level represented here, however, the 1882-S is anything but a "type" coin; in fact, it is a significant condition rarity that is seldom encountered in today's market. A fleeting bidding opportunity for the astute double eagle enthusiast. Provenance: From the Fairmont Collection. PCGS Population: 47; 7 finer (MS-64+ finest). PCGS# 8998. NGC ID: 26BG. Click here for certification details from PCGS.