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Lot
2015

1859 $20 AU55 PCGS....

2007 Milwaukee, WI (ANA) Signature Coin Auction #444

 
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Auction Ended On: Aug 9, 2007
Item Activity: 8 Internet/mail/phone bidders
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Location: Milwaukee, WI
Description:
Enticing Choice AU 1859 Double Eagle
1859 $20 AU55 PCGS. This issue's mintage of 43,597 pieces is low by Philadelphia standards of the era, and with collectors dismissing the issue as collectible until much later, high-grade representatives are highly elusive today. Garrett and Guth (2006) comment on this issue: "Most examples are in no better condition than Very Fine or Extremely Fine. A number of coins have been offered as About Uncirculated in the last decade, but most of these were on the lower end of that scale."
By contrast, this Choice AU piece has much better visual appeal. The solidly struck devices show only minor wear on the highpoints. The lightly abraded straw-gold obverse offers partial reflectivity, while the reverse shows more typical, slightly flashy luster. An attractive example of an issue seldom found any finer. Population: 14 in 55, 19 finer (7/07).(Registry values: N2998) (NGC ID# 269A, PCGS# 8926)

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