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Lot
4249

1866-S $20 No Motto XF45 NGC....

2012 March 8-11 US Coin Signature Auction - New York #1168

 
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Auction Ended On: Mar 9, 2012
Item Activity: 5 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
1866-S No Motto Twenty, Choice XF
Famous Low-Mintage S-Mint Rarity
1866-S $20 No Motto XF45 NGC. The approximate mintage of this issue is 12,000 pieces, all of which were delivered in February 1866. After the 1861-S Paquet Reverse, the 1866-S No Motto is the rarest San Francisco Mint Type One double eagle. Only a couple of dozen AU coins are extant (and we suspect numerous resubmissions are in the population data), and NGC and PCGS have certified only six Mint State pieces (2/12). Despite 15 points of wear, the present example retains sufficiently bold definition for the type. The reverse eagle appears to be sharper than Liberty's portrait on the obverse, particularly toward the center, and both sides display even copper-gold color. A number of moderate abrasions are scattered about.
Ex: Long Beach Signature (Heritage, 6/2006), lot 3704.(Registry values: N2998) (NGC ID# 269W, PCGS# 8945)

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