2684

1863 $20 MS61 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:20,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1863 $20 MS61 PCGS
<B>1863 $20 MS61 PCGS.</B></I> After 1861, it was unusual for the Philadelphia Mint to coin more double eagles than its San Francisco counterpart. This was natural, since gold coins no longer circulated on the East Coast, but continued to trade hands in California, which was also home to productive gold fields. 1863 was a typical year for twenty dollar coinage. Philadelphia struck only 142,790 pieces, excluding the 30 proofs issued for collectors. The San Francisco mintage was close to four times higher. Recent recoveries from the <I>S.S. Republic </B></I>have added a few Mint State examples, but the 1863 remains rare regardless of grade. This lustrous example has pleasing orange and straw-gold toning. Distributed moderate marks on the left obverse are customary for the grade. Population: 8 in 61, 9 finer (1/08).<BR><BR><B>Coin Engraver:</B> James B. Longacre<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)