9966

1858-S $20 AU58 PCGS. The 1858-S has become

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1858-S $20 AU58 PCGS. The 1858-S has become
<table><tr><td><table><tr><td>1858-S $20 AU58 PCGS. The 1858-S has become somewhat of a forgotten issue of late. Collectors automatically assume that this is a date whose rarity was irrevocably changed by one of the major shipwrecks that have come onto the market in the past few years. However, there were only seven low-to-middle grade examples on the S. S. Brother Jonathan and, of course, none were in the hold of the S.S. Central America. The 1858-S remains a scarce issue in AU55 and it is very scarce in AU58. This sharply struck example has nearly complete mint luster and each side is covered with rich reddish-tinged patina. Each side shows a number of small abrasions and signs of friction that are characteristic of a coin that was briefly handled in the channels of commerce. <BR><BR><B>Important notice:</B> 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. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. 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. <BR><BR><B>IMPORTANT ANNOUNCEMENT ABOUT RESERVES:</B> Heritage now divulges all reserves on its web site 7 days before every auction. If you want to know whether the reserve on this lot has been met, and if not, what the reserve amount is, please visit this lot page on the HeritageCoin.com web site, or email: bid@HeritageGalleries.com </span></font></td></tr></table></td></tr></table>