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1906-S $20 Liberty PCGS MS62

Currency:USD Category:Coins & Paper Money / US Coins Start Price:800.00 USD Estimated At:1,600.00 - 1,700.00 USD
1906-S $20 Liberty PCGS MS62
1906-S $20 Liberty. PCGS graded MS-62. Lovely golden toning. Struck in San Francisco the year of the earthquake (PCGS # 9051) .

Historical note: By April of 1854, the First San Francisco mint had been built and its coin presses began turning miners' gold into coins. More than four million dollars worth of coins were produced the first year, all bearing a new mint mark: "S" for San Francisco.
But the building soon proved to be too small for the amount of work that needed to be done. In 1874, a grand new building was finished. In style, it looked similar to an ancient Greek temple, with thick walls of stone and brick and round columns at the entry. This second building is known today by the nickname "the Granite Lady." The Granite Lady was the largest and most productive of the United States Mint's facilities until a bigger building opened in Philadelphia in 1901.

In 1906, a terrible earthquake broke some of San Francisco's underground gas pipes, causing gas to leak and to fuel fires that destroyed most of the city, including its banks.

The Granite Lady itself stood through both the earthquake and the firestorm, but without gas power, coins couldn't be made there for a while. In the meantime, the building did special service as a bank for the people of San Francisco until the regular banks could reopen. Money for rebuilding the city was also collected in this facility. After the gas lines were fixed, coins were made in the Granite Lady once again until 1937 .
Estimated Value $1,600 - 1,700.