SOLD
6,000.00USDto floor+ buyer's premium
This item SOLD at 2022 Feb 22 @ 21:48UTC-05:00 : EST/CDT
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***Auction Highlight*** 1868-s Gold Liberty Double Eagle $20 Graded ms62 By SEGS. 1868-s $20 Liberty Head Gold Double Eagle ms62 SEGS. The 1868-S double eagle has an undistinguished mintage of 837,500 pieces, and circulated examples can be found with little difficulty. The problem arises when an attractive Mint State coin is needed for a type or date/mintmark collection. This condition difficulty is explained by two major factors in the post-Civil War United States economy. First, gold and silver coins were widely used in the western states. Naturally, when coins are used in the channels of commerce it removes top-grade examples from the realm of collectability for many in the numismatic community. Second, and undoubtedly a more significant factor, is the increasing use of the double eagle as a gold reserve for both newly formed national banks as well as shipment overseas for trade purposes. It was this use as a gold reserve that explains why mintages for twenty-dollar gold pieces continued to be solid even at a time when other silver and gold issues saw little or no production. This strong production from year-to-year and in all mints continued throughout the Type Two series from 1866 through 1876. This piece has thick, frosted surfaces with only the slightest luster grazes and smallest abrasions. Strike details are what is expected from the Type Two design, meaning there is central softness evident on Liberty's hair as well as the peripheral obverse stars. However, the reverse is surprisingly well-defined. Tied for 3rd Finest known. We have included an ms62+ and an ms62 for your comparison. We think ours compares favorably to both. A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
Previewing Details:
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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