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Lot
7060

1853 $20 Assay Office Twenty Dollar, 900 Thous. AU58 NGC. K-18, R.2....

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

 
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Auction Ended On: Apr 29, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
Bright Near-Mint 1853 Assay Office
Twenty Dollar, K-18
1853 $20 Assay Office Twenty Dollar, 900 Thous. AU58 NGC. K-18, R.2. If the 1942/1 dimes are overdates then the 1853 Assay Office twenties must be considered "overfinenesses." They are all 900/880 in reality, although the feature fades with prolonged die use. And the die use was prolonged; Kagin informs us that some 2.5 million pieces were coined between March and the end of October 1853, "from some 30 different dies destroyed in the fire of 1906." Simple math leads us to conclude that somewhere north of 65,000 pieces per die was the average, or 130,000 per pair. This near-Mint piece displays green-gold color with a sharp strike and bright, satiny mint luster. The arrows and eagle's claw are the only area incompletely struck. Listed on page 371 of the 2011 Guide Book. (PCGS# 10013)

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