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Lot
5232

1859-S $20 AU55 PCGS. CAC....

2012 May 30- June 3 US Coins Signature Auction- Long Beach #1171

 
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Auction Ended On: Jun 1, 2012
Item Activity: 6 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Choice AU 1859-S Double Eagle
Struck a Decade After the Gold Rush Began
1859-S $20 AU55 PCGS. CAC. Type One S-mint double eagles are a subseries that are certainly coming into their own, as our remarkable recent offering of the Galt's Gulch Collection in the Orlando FUN Signature (Heritage, 1/2012) pointed up, realizing record prices for top-grade coins. The 1859-S typifies the allure of the Old West, as many examples were recovered from the shipwreck of the S.S. Republic, and the issue was produced in San Francisco a decade after the Gold Rush began in 1849, a period in which the population of the city would double from 25,000 to 50,000 people. This Choice AU example is not provenanced specifically but it is alluring in its own right, with orange-gold surfaces that are still brightly lustrous. Population: 42 in 55, 61 finer (5/12).(Registry values: N1793) (NGC ID# 269C, PCGS# 8928)

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