SOLD
70,000.00USDto floor+ buyer's premium
This item SOLD at 2007 Aug 09 @ 21:29UTC-06:00 : CST/MDT
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<B>1854 $20 Large Date MS64 NGC.</B></I> It is uncertain when the Large Date variant of the 1854 twenty was discovered, but it had to be prior to 1988, as this variety is listed in Breen's <I>Encyclopedia</B></I> which was released that year. The date is apparently from a logotype used for silver dollars. We disagree with Garrett and Guth when they state "The date size is not hugely dramatic." The few Large Date 1854 twenties we have seen are immediately obvious as the digits in the date fill almost the entire space available in the exergual area. <BR> The breakdown of 1854 twenties from the <I>S.S. Central America </B></I>is interesting with 36 Small Date and 7 Large Date coins recovered. This would indicate that this issue is one that still has many coins left to be discovered in dealer's inventories. Many collectors and dealers are not aware of the Large Date's existence, nor of its rarity and subsequent value. What is extraordinary about this coin is not just that it is a Large Date, but its grade. It is far and away the finest example known. All but one of the coins we have offered in past auctions have been XF or (mostly) AU. We have only sold one Mint State coin, an MS60, and that coin realized $27,600 in our May Long Beach Auction. The NGC <I>Census Report </B></I>shows there are two pieces graded MS60, two in MS61, and three MS62s--which makes this coin the finest by two points. <BR> The surfaces of this piece are remarkably clean and show thick, frosted mint luster. Even reddish-gold color is seen over both obverse and reverse, and the striking details are sharply defined throughout. <BR> <BR> <BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>\)
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