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Lot
3929

1859 P$20 Twenty Dollar, Judd-257, Pollock-305, High R.6, PR64 Gilt NGC. CAC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 9 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:

1859 Gilt Double Eagle Pattern
Judd-257, PR64
Anthony Paquet's Design

1859 P$20 Twenty Dollar, Judd-257, Pollock-305, High R.6, PR64 Gilt NGC. CAC.
Design.
The obverse features Paquet's design with a seated figure of Liberty facing left, a fasces supported by her right hand and a shield by her left hand. Around the margin are 13 stars and below is the date. An eagle is partially hidden by the shield. The reverse design has a heavy wreath that encloses the date, the denomination 20 DOLLARS, and legend UNITED STATES OF AMERICA. The lettering is Paquet's distinctive style, apparently not used by any other engravers. Struck in copper and gilt with a reeded edge.

Commentary. Our auction archives record 15 appearances of this pattern variety, including nine gilt examples. This example is tied with one other piece for the finest gilt specimen we have handled.

Physical Description. Sharply struck with bright yellow surfaces showing a few spots and marks on each side, including die striations and faint hairlines. The appearance suggests the planchet was gilt prior to striking, unlike others that were plated afterward.
From The Eric P. Newman Collection. (PCGS# 12024)

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