LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

3313

1864-S $20 MS62 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:13,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1864-S $20 MS62 PCGS
<B>1864-S $20 MS62 PCGS.</B></I> What is so special about a coin that grades "only" MS62? The answer in the case of the 1864-S double eagle is that it is the highest grade that most collectors will likely encounter. To date, PCGS and NGC have certified only eight pieces finer, the finest a solitary MS64!<BR> Moreover, the 1864-S is one of the most poorly struck San Francisco double eagles of this type. Additionally, it remains among the most difficult San Francisco twenties of this era to find with acceptable surfaces, as they are typically excessively and deeply abraded (Douglas Winter and Adam Crum, <I>Type I Double Eagles</B></I>, 2002).<BR> The current MS62 coin, while displaying minor softness in portions of Liberty's hair, is sharply struck on the remaining design elements, including the star centrils, the shield, and the eagle's plumage. A few minute marks and grazes on the lustrous peach-gold surfaces just barely preclude this lovely specimen from achieving the next highest grade. This is a piece that should be given serious consideration by the advanced gold collector. Population: 10 in 62, 3 finer (11/07).<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>)
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