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Lot
5241

1852 $20 MS64 NGC. CAC....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Auction Ended On: Jan 6, 2011
Item Activity: 10 Internet/mail/phone bidders Number of Bidders
1,606 page views
Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:
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Fantastic MS64 1852 Double Eagle
1852 $20 MS64 NGC. CAC. The first "golden era" of double eagle strikings at the Philadelphia Mint began with the famous unique pattern in 1849 and continued until the opening of the San Francisco Mint in 1854. As the larger and more logical outlet to strike the massive coins, Philadelphia received the lion's share of the work; the first four years of the regular issue saw more than a million pieces struck each time, and for the two dates in the middle, 1851 and 1852, there were mintages in the multiple millions.
A high mintage, however, does not guarantee availability in high grades on its own. The 1852 twenties were meant to circulate, and circulate they did. Q. David Bowers writes in A Guide Book of Double Eagle Gold Coins, "As the mintage of over two million pieces might suggest, the 1852 is plentiful today. Most are in grades such as VF and EF, with occasional examples in AU coming on the market, punctuated at long intervals by Mint State coins. Among the latter are a few choice and gem pieces."
This survivor is one of the few, and virtually any double eagle collector would be proud to own it. Peach-tinged yellow-gold surfaces are smooth and subtly frosted, and the devices offer impressive detail. Only a few small marks, such as a minor abrasion on Liberty's chin, preclude a finer designation. Easily one of the most impressive examples known, and a Philadelphia twenty that boasts preservation seldom seen save on San Francisco shipwreck issues. Census: 2 in 64, 1 finer (11/10).
From The Henry Miller Collection.(Registry values: N7079) (NGC ID# 268K, PCGS# 8906)

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