3083

1853/2 $20 MS62 NGC.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1853/2 $20 MS62 NGC.
1853/2 $20 MS62 NGC. FS-008. The importance of this offering should be immediately apparent to anyone remotely familiar with U.S. gold. We did not even know an overdate existed in this grade until we saw this piece, the previously finest known we had offered at public auction was an AU58. The 1853 overdate is the only overdate that is recognized in the entire Liberty double eagle series. It wasn't discovered until 1959 and only began to be widely recognized in the early 1980s. By then, of the coins that were still in existence a great many had been ravaged by cleaning or were only available in VF-XF condition. This is the finest example known of approximately four Uncirculated pieces extant today. As an interesting aside, there were three overdates in the S.S. Central America holdings, two of which were in relatively high grade. This is a moderately well defined example whose satiny mint luster is interrupted only by the presence of numerous small abrasions scattered over each side. The only mark that stands out as particularly noteworthy is a horizontal abrasion above the 5 in the date. All genuine 1853 overdates have the same die characteristics, and it is important to always check that these are present, as repunched dates are also known, and these coins have on occasion been foisted upon the unknowing as genuine overdates. Genuine overdates show clear evidence of the underdigit. There is also a diagnostic die dot below the RTY of LIBERTY, visible with light magnification. Repunching over a much smaller 1 is also noted near the base of the first digit (only faintly seen on this piece). Also, the crossbar of the A in STATES is broken and shows to have been repaired by hand. Another rare and important opportunity for the specialist, one made possible by the accumulation of like-kind rarities in the North Shore Collection. Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.