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1878 Twenty-Cents PCGS PR65

Currency:USD Category:Everything Else / Other Start Price:NA Estimated At:7,000.00 - 10,000.00 USD
1878 Twenty-Cents PCGS PR65
Twenty-Cent Pieces 1878 PCGS graded Proof 65. <b>Deep sea green and dusky lavender-gray toning on either side, with the fields reflective the devices needle-sharp in their strike. A handsome late-issue 20c coin, the final year for this truncated series that caused such a stir when it first appeared. Proofs only were struck in 1877 and again in 1878, with the latter year's production a mere 600 total. A coin of the denomination of 20 cents, called a "double disme," had been proposed at least as early as 1791, and then reproposed in 1806, actually reaching Congress; but the legislators correctly realized then -- as their successors 70 years later did not -- that simultaneously issuing coins of such nearly identical value as 20c and 25c could lead only to confusion. As approved, the final design copied William Barber's eagle from the trade dollar, and his low-relief copy of the old Sully-Gobrecht-Hughes design then common to current seated Liberty silver coins. As a favor to the illiterate, the coin had a plain edge; also, the word LIBERTY itself was in raised letters rather than incuse.</b> <p align="center">Superior Galleries was founded in 1929 and has been a leader in
the numismatic auction business since 1971.</p> <p align="center"><b>Consignments wanted for June 2 & 3, 2002 Pre-Long Beach Sale.</b></p> <p align="center"><b>Call Steve Deeds</b> at (800) 421-0754 ext 230.</p>