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Lot
5466

1860-S $20 MS62 NGC....

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:
1860-S Twenty, MS62, Only Two Finer
1860-S $20 MS62 NGC. The mintage of 544,950 pieces would suggest that the 1860-S twenty was heavily circulated, and that is indeed the case when one looks at the numbers of survivors and their grade distribution. Hundreds of pieces are known in circulated grades, but only a few dozen have survived in Mint State. The present MS62 NGC coin is generally the finest grade one can expect for an 1860-S. Only two coins have been certified finer, both at PCGS (3/11). This piece displays the soft, frosted luster expected but lacks the heavy abrasions often seen on this issue. The striking definition on Liberty's hair curls shows the expected softness, a characteristic that occurs not only on this issue but on many Type One twenties.(Registry values: N7079) (NGC ID# 269F, PCGS# 8931)

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