SOLD
11,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2008 Mar 07 @ 21:16UTC-7 : PDT/MST
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<B>1853 $20 Assay Office Twenty Dollar, 900 Thous. MS61 PCGS.</B></I> K-18, R.2. The cartwheel luster is unbroken across both sides of this crisply struck pioneer gold twenty. The right obverse field and reverse center have minor marks, and a small obverse rim ding is noted at 4:30.<BR> Two earlier U.S. Assay Office twenty dollar issues, K-9 and K-17, were struck in .884 fine gold, but this alloy was eventually rejected by the U.S. customs office, due to a change in the interpretation of Federal law. The customs office afterward only accepted .900 fine gold or silver coins for payment of duties. This forced a modification to the obverse hub, and explains the rarity of K-17. The fineness was repunched, with the traces of an 8 visible atop the first 0. Listed on page 356 of the 2008 <I>Guide Book</B></I>.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
Auction Location:
Phoenix Convention Center, West Building, Room 106A, 100 North 3rd Street, Phoenix, Arizona, United States
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