Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

1892 Double Eagle
Deeply Gleaming Near-Gem Proof

1892 $20 PR64 PCGS. This historic date is a rarity as a business strike with an unusually low mintage of only 4,300 pieces. It must be called extremely rare in proof, with a reported Philadelphia production of a mere 93 pieces. Modern numismatic researchers believe that perhaps 25 proofs survive in all states of preservation. Twenty dollars was a substantial amount of money in the Gay Nineties, and few collectors of that era were willing to tie up much larger sums required for even a partial date run of proof double eagles. A confident America was gearing up for the gala celebration of the 400th anniversary of Columbus' discovery of the New World when coins of this date were struck, but the disastrous Panic of 1893 soon devastated the nation's economy. The United States was plunged into one of its worst business depressions in history, leading to innumerable business failures and forcing the dispersal of many coin collections formed in more prosperous times.
The present example boasts dazzlingly bright orange-gold surfaces displaying the delightful orange-peel texture prized by experienced collectors of U.S. proof gold. The contrast between fields and devices on the obverse is somewhat less vivid than on the more assertively brilliant reverse. Careful study under magnification reveals some light hairlines of minimal visual importance. This coin is "hallmarked" by a single tiny black freckle in the field just below the eagle's tailfeathers that emerges under a loupe. PCGS has certified only three examples of this date in PR64, and only four have received a higher proof designation (4/12). This exciting coin would be hard to match for quality and harder still to exceed for sheer appeal.(Registry values: P2) (NGC ID# 26ED, PCGS# 9108)

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
May-Jun, 2012
30th-3rd
Internet/Mail/Phone Bidders: 10
Members Tracking: N/A
Page Views: 1,002

Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.

Heritage membership

940,605
bidder-members
$885,447,626
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Only 5 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!

Learn about consigning with us

Oh behalf of our client, Caroline Kennedy, I wish to thank you for all of your assistance... You and your gallery are to be commended for your professionalism and integrity...
[Entire Letter]
Kevin T. Baine, Esq., Williams & Connoly, LLP,
Washington, D.C.
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,332,129
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved