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2258

1859 $20 VF30 NGC....

2008 December Houston, TX Signature Coin Auction #1118

 
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Auction Ended On: Dec 5, 2008
Item Activity: 11 Internet/mail/phone bidders
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Location: George R. Brown Convention Center
1001 Avenida de las Americas
Houston, TX 77010
Description:
Scarce 1859 Liberty Twenty, VF30
1859 $20 VF30 NGC. A rare issue that is typically found in VF or XF grades, the 1859 had a mintage of only 43,597 coins at a time when most collectors preferred to acquire proof examples for only a slight increase over face value. Jeff Garrett and Ron Guth comment: "the issue was largely ignored by early collectors who preferred Proof examples of Philadelphia coinage. As a result, the 1859 double eagle is very scarce in any grade." This piece has typical minor surface marks, including a small obverse rim bump at 11:30. The light yellow-gold surfaces are faintly reflective, retaining remnants of original prooflike mirrors.
From The Deadwood Gulch Collection.(Registry values: N1793) (NGC ID# 269A, PCGS# 8926)

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