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1862-S $20 MS61 PCGS. Double eagles were the bread and

Currency:USD Category:Coins & Paper Money / US Coins Start Price:9,500.00 USD Estimated At:1.00 - 2.00 USD
1862-S $20 MS61 PCGS. Double eagles were the bread and
<B>1862-S $20 MS61 PCGS.</B></I> Double eagles were the bread and butter of the first San Francisco Mint, and the 1862-S had a typically generous production of 854,173 pieces. Since no one on the West Coast collected these costly bullion pieces in the 1860s, the entire issue went into circulation. The <I>S.S. Republic</B></I> and <I>S.S. Brother Jonathan</B></I> shipwrecks contained a number of 1862-S double eagles, but since those ships foundered three years later in 1865, most of the recovered pieces are in circulated grades.<BR> This is a lustrous example, nicely struck save for a couple of left-side obverse stars. Small to moderate marks are distributed, but no more than expected of the grade. The 8 in the date is lightly repunched. Population: 3 in 61, 7 finer (10/06).<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)