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Lot
5473

1869 $20 MS63 PCGS. CAC....

2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154

 
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Auction Ended On: Apr 28, 2011
Item Activity: 7 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
Select Mint State 1869 Double Eagle
1869 $20 MS63 PCGS. CAC. The 1869 was struck later than any of the famous shipwreck hoards, such as the S.S. Republic, the S.S. Central America, and the S.S. Brother Jonathan. The year 1869 was also prior to the wholesale export of gold coins to Europe, where they were retained by banks as bullion reserves. Thus, the 1869, along with other early Type Two dates, is confoundedly difficult to locate in quality Mint State. But here is a pleasing apricot-gold example that boasts full luster and lacks the unfortunate abrasions that tend to plague lower graded Uncirculated twenties. A strong bid will be needed to secure this prize. Population: 4 in 63, 2 finer (3/11).(Registry values: N7079) (NGC ID# 26A5, PCGS# 8955)

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