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1861-S $20 MS62 PCGS....

Lot: 3579, Auction: 2008 May Long Beach, CA Signature Auction #1108

Sold for: Sign-in or Join (free & quick)
Ended: May 29, 2008
Item Activity: 6 Internet/mail bidders
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Description:

Condition Rarity 1861-S Double Eagle, MS62

1861-S $20 MS62 PCGS. Subsequent to the small production run of Paquet Reverse double eagles, the regular reverse die was used to strike 768,000 coins at the San Francisco Mint in 1861. The issue is abundant in circulated grades, especially in the Very Fine to About Uncirculated range. Mint State examples are very rare, as evidenced by fewer than 30 pieces having been certified by PCGS and NGC combined. And with the exception of a solitary MS63 coin, all of the Uncirculated population fall within the MS60 to MS62 grade levels!
The MS62 example presented here is thus the highest-grade 1861-S double eagle that one can realistically hope to own. Attractive peach-gold color with hints of light green and tan adorns both sides, each of which displays full luster, and an attentive strike lends sharp definition to the design elements. This coin is just barely kept from Select condition by a few unimportant marks. A couple of fine cracks are noted on both obverse and reverse. Population: 4 in 62, 1 finer (3/08).(Registry values: N4719) (#8935)

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Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1130, Lot 1679 Saturday, October 24, 2009 62 PCGS $24,725.00
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