1868 $20 MS (PCGS#8953)
Spring 2023 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 5308
- 等级
- AU58+
- 价格
- 135,597
- 详细说明
- Challenging 1868 Liberty Head Twenty
1868 Liberty Head Double Eagle. AU-58+ (PCGS).
A beautiful 1868 double eagle, both sides exhibit strong mint luster for the grade with undeniably original color and bold to sharp striking detail. Most Type II Liberty double eagles of 1866 to 1876 are highly elusive in Mint State, and even "common date" Type II twenties such as the 1873 Open 3 and 1875-S are scarce relative to the market demand for them. The 1868 is actually the rarest Type II Liberty Head twenty from the Philadelphia Mint, per Doug Winter and Mike Fuljenz (2004), and the present offering for a premium near-Mint survivor is sure to see significant interest.
The nation was still picking up the pieces from the Civil War when the modest mintage of only 98,575 double eagles rolled off the Philadelphia Mint's presses in 1868. Preservation of such a high denomination coin like a double eagle was not a priority for most at the time. Many of these comparatively few coins were used for international payments and spent decades in bank vaults before finally being repatriated. As a result, most are in the middle to higher end of the circulated grade scale and very few are Mint State, and those are mostly heavily abraded. Original, superior-quality 1868 double eagles such as this are few and far between in any grade. Here is an opportunity not to be missed.
Provenance: From the Fairmont Collection - CAG Set.
PCGS Population: 1; 20 finer (MS-63 finest).
To view all items From the Fairmont Collection - CAG Set click here.
PCGS# 8953. NGC ID: 26A3.
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.
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