There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
5629

1861-S $20 Paquet AU55 NGC. Reverse dies featuring the Anthony C. Paquet design were sent to San Francisco in November 1860...

2006 August Denver, CO Signature & Platinum Night Auction #414

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Aug 14, 2006
Item Activity: 7 Internet/mail/phone bidders
1,450 page views
Description:
Choice AU 1861-S Paquet Double Eagle Rarity
1861-S $20 Paquet AU55 NGC. Reverse dies featuring the Anthony C. Paquet design were sent to San Francisco in November 1860, and production began shortly after the first of the year. Meanwhile, in Philadelphia, it was determined that the Paquet design was faulty, and that the coins would not strike up properly. The problem with the design was that the rim was too narrow, and would not properly balance the rim on the obverse die. Instructions to discontinue use of the Paquet dies were immediately sent to the San Francisco Mint on January 5, 1861, but that Mint did not receive word until February 2, after some 19,250 coins were produced. There was certainly no email in 1861, not even a completed telegraph line. San Francisco Mint Superintendent Charles Hempstead replied to the communication on February 9, noting that he had received the instructions and that the Paquet reverse dies had been removed from service, although he also noted in his reply that $385,000 had already been produced with these coinage dies, thus the source for the mintage figure. Today, it is estimated that about 1% of the original mintage still survives, or about 200 coins.
Although Walter Breen credited the discovery of this variety to Arthur J. Fecht, who found an example in Hull, Texas and reported the discovery to The Numismatist in 1937, it was mentioned in the American Journal of Numismatics as early as 1895, and was apparently known before that time. Hull, Texas is located just a few miles northeast of Houston. Most examples that are known today have surfaced in the last 50 years, with many found in European gold holdings. At least one example, apparently a near-Mint grade coin, was recovered in the treasure of the S.S. Republic.
This is a pleasing light yellow-gold example with wispy rose color on each side, especially on the rims. The surfaces are exceptionally clean, although with a few faint hairlines on the obverse, including one in the lower left field. It is finer than the Bass Collection coin, and similar to the Dallas Bank Collection example. This is a remarkable example for the grade, easily within the top 10 of this issue for overall quality.
From The Wyoming Collection.(Registry values: N7079) (NGC ID# 269L, PCGS# 8936)

View all of [Wyoming Collection ]
View large image(s) of this item

Service and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
878,191
bidder-members
$959,427,295
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Consign to the 2015 January 4 - 5 World & Ancient Coins Signature Auction - New York.
Learn About Consigning With Us
Your entire organization deserves to be complimented on how professional and cooperative they were.
B.V.E,
San Jose, CA
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,733,594
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED $14,773,379
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143