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Lot
2307

1861-S $20 Paquet--Scratched--NCS. AU Details....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
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Auction Ended On: Apr 29, 2010
Item Activity: 11 Internet/mail/phone bidders
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Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:

AU Details 1861-S Paquet Reverse Twenty
1861-S $20 Paquet--Scratched--NCS. AU Details. Informed numismatists need little introduction to the 1861-S Paquet double eagle. The unusual reverse design by Mint Assistant Engraver Anthony C. Paquet was withdrawn soon after its inception, but by then the San Francisco Mint had produced some 19,570 examples, most of which quietly slipped into circulation and were forgotten until the 1930s.
The present piece is well-struck, with just a bit of detail missing on the hair curls. The coloration is an attractive, subdued orange-gold. The surfaces are remarkably free from abrasions. But there is a noticeable patch of scratching in the lower right obverse field, in the shape of a X but with a transverse scratch running through its middle as well. Needless to say, this is a coin that may see some spirited bidding at auction, as an AU Details example of this elusive issue with a good balance of condition versus affordability.(Registry values: N7079) (NGC ID# 269L, PCGS# 8936)

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