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3304

1880 $20 AU58 Prooflike NGC....

2009 March Baltimore, MD Signature US Coin Auction #1126

 
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Auction Ended On: Mar 29, 2009
Item Activity: 9 Internet/mail/phone bidders
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Location:

Sheraton Inner Harbor
300 S. Charles Street
Baltimore, MD 21201
(410) 962-8300
Auction Room: Meeting Room "Severn 1"

Description:
Deeply Reflective 1880 Twenty, AU58 Prooflike
1880 $20 AU58 Prooflike NGC. The 1880 has an impressively low mintage of only 51,400 pieces. Over the past 15 years or so a number of coins have been repatriated from European sources. Nevertheless, it is still a scarce date. Apparently only one pair of dies was used for the entire run of strikes for circulation, which would indicate this coin must have been one of the first struck before the mirror-like finish diminished with successive strikings. The fields are brightly prooflike on each side. Additionally, the strike is strong throughout. A number of small to medium-sized abrasions are scattered over each side, as one would expect. Census: 2 in 58 Prooflike, 0 finer (3/09). (PCGS# 78992)

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