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Lot
4729

1860-S $20 MS62 NGC....

2011 December 8-11 US Coins Signature Auction- New York #1162

 
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Auction Ended On: Dec 9, 2011
Item Activity: 6 Internet/mail/phone bidders
591 page views
Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:

1860-S Type One Twenty, MS62
Important Condition Rarity
1860-S $20 MS62 NGC. Since opening in 1854, the San Francisco Mint produced substantial quantities of double eagles every year, and those coins entered circulation where they remained long enough that the typical survivor of every date grades in the VF to XF range. AU examples are scarce and Mint State pieces are rare. The only exception to that rule is for the treasure years of 1857 and 1865.
The satiny light yellow surfaces of this lovely double eagle show only a few inconsequential marks that are expected for the grade. The 1860-S is a major condition rarity, with a combined NGC and PCGS population of just 21 coins in MS62 and only two finer pieces. Census: 13 in 62, 0 finer (11/11).(Registry values: N7079) (NGC ID# 269F, PCGS# 8931)

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