LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2498

1866-S $20 No Motto XF45 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:18,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1866-S $20 No Motto XF45 NGC
<B>1866-S $20 No Motto XF45 NGC.</B></I> Most San Francisco Mint double eagle issues are common in circulated grades. There are two major exceptions: the 1861-S Paquet Reverse, and the 1866-S No Motto. The latter has a <I>Guide Book</B></I> mintage of just 12,000 pieces, which compares favorably with the usual S-mint production of more than half a million pieces. Double eagles had no collector value until decades later, and the 1866-S No Motto pieces circulated like any common gold coin into the 20th century. In 2004, Q. David Bowers estimated that only 175 to 250 examples have survived.<BR> This is an attractive representative that shows ample luster within protected areas. The obverse field has scattered minor marks, as expected of the grade, but none are noticeable and the eye appeal is superior for the XF45 level.<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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