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5463

1856 $20 MS61 PCGS. CAC....

2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154

 
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Auction Ended On: Apr 28, 2011
Item Activity: 8 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
MS61 1856 Double Eagle
Elusive Date in Mint State
1856 $20 MS61 PCGS. CAC. Garrett and Guth write:

"The 1856 double eagle is much more difficult to locate than many of the other Philadelphia double eagles of the 1850s. The production for the year was widely distributed, and nearly all of the coins known are low grade. ... The 1856 double eagle is very rare in full Mint State."


In fact, this is only the fourth time that Heritage has auctioned a Mint State representative of the issue since 1993. Well-struck devices sit under heavy patina, as do yellow-orange surfaces with full and satiny luster. Though numerous wispy abrasions cross the surfaces and a few significant abrasions are noted, including one at the top of Liberty's hair, the overall eye appeal is solid. Population: 13 in 61, 11 finer (3/11).(Registry values: N4719) (NGC ID# 268Y, PCGS# 8917)

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