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Lot
4563

1850 $20 MS61 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 11 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1850 Twenty Dollar, MS61
Popular First Year of Issue
1850 $20 MS61 NGC. The large inflows of California gold after 1849 resulted in two new gold denominations: the one dollar in 1849 and the the twenty dollar or double eagle in 1850. The Philadelphia Mint struck more than 1.17 million pieces of the 1850 twenty dollar. The date is extremely popular as the first year of the regular issue for the type and denomination, and is one of the more available dates of the type. Surviving specimens grade mostly Very Fine to About Uncirculated, and Mint State pieces are in fairly short supply. The yellow-gold surfaces of this MS61 example show significant semiprooflikeness in the fields, and the design motifs are generally well struck. Distributed light marks prevent a higher grade. Census: 25 in 61, 32 finer (3/13).
From The Fairfax Collection.(Registry values: N4719) (NGC ID# 268F, PCGS# 8902)

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