6422

1870[$20] Twenty Dollar, Judd-1039, Pollock-1174, High R.7, PR64 Cameo PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:3,100.00 USD Estimated At:1.00 - 1,000,000.00 USD
1870[$20] Twenty Dollar, Judd-1039, Pollock-1174, High R.7, PR64 Cameo PCGS.
<B>1870<$20> Twenty Dollar, Judd-1039, Pollock-1174, High R.7, PR64 Cameo PCGS.</B></I> A possibly unique die trial striking from regular issue 1870 Double Eagle dies, but struck in aluminum with a reeded edge. Examples of aluminum strikings are also known for the other gold denominations of this year, which were likely produced as presentation pieces. Specimens are also known in copper and in nickel. The primary source of these important patterns is the 1954 auction of the King Farouk holdings, also the origin of this aluminum representative. A small flip that accompanies attributes the piece to the Palace Collection, although it is not signed like the 1885 $5 aluminum pattern later in the sale.<BR> This specimen appears to have escaped the harsh treatment received by many of the Farouk coins, its bright, watery mirrors being totally void of hairlines. A squiggly hairline planchet crack that angles down from Liberty's upper lip is nearly expected of early aluminum strikings and a few paper thin grease stains are noticed on the portrait. The only post minting blemish we can find is a shallow frost break on Liberty's neck. Of course, these rather trivial distractions are made even more inconsequential by the uniqueness of this important offering.<BR><I>Ex: Palace Collection (Sotheby's, 1954), lot 1833.</B></I> <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.