1851 $20 MS(PCGS#8904)

The Summer 2022 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

3394

等级

MS60

价格

53,779

详细说明

Exciting Mint State 1851 $20 Gold 1851 Liberty Head Double Eagle. MS-60 (PCGS). CAC. This is a lovely example that ranks among the finer survivors of this second year double eagle issue. Impressively sharp in striking detail, both sides also exhibit originally preserved surfaces and attractive mint luster. Minimally marked for the assigned grade, this coin would serve with distinction in any gold cabinet. Large shipments of gold bullion from the rich fields of California continued to flow to the economic centers of the Northeast in 1851, the Philadelphia Mint achieving the highest mintage in the Liberty Head double eagle series prior to 1861 with 2,087,155 circulation strikes produced that year. Much of this bullion made the long journey from California to the Northeast by steamer south from San Francisco through the Pacific Ocean, then by land across the Isthmus of Panama, and finally by steamship once again through the Atlantic Ocean to New York City. Although primarily used in domestic circulation at the time of issue, some portion of the mintage for the 1851 found its way overseas years later in banking transactions. Numerous examples of the date came back to the United States beginning in the mid-20th century through the diligence of coin dealers such as Paul Wittlin in the 1940s, James F. Kelly in the 1950s and, in later years, Ron Gillio, David Akers, and others who located them in Europe or South America. Repatriations such as these account for many of the Uncirculated 1851 double eagles, although the number of such coins remains limited. Q. David Bowers (2004) estimates that just 50 to 80 different examples of this date exist in true Mint State grades, with the preponderance of known specimens at the low end of the Mint State scale. As a premium quality MS-60 with CAC approval, the Fairmont-JBR specimen is among the finest obtainable for this issue. Provenance: From the Fairmont Collection - JBR Set. CAC Population: 24 in all Mint State grades. PCGS# 8904. NGC ID: 268H. 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.