1854 $20 Kellogg & Co. Twenty Dollar XF45 NGC....
Choice XF 1854 Kellogg & Co. Twenty Dollars1854 $20 Kellogg & Co. Twenty Dollar XF45 NGC. K-1, R.5. Heavy date, wide 8, short arrows. Similar in design to the contemporary Federal Double Eagle, although LIBERTY has been replaced by KELLOGG & CO and UNITED STATES OF AMERICA is substituted with SAN FRANCISCO CALIFORNIA. The San Francisco Mint opened in 1854, but because of a shortage of parting acids could not yet completely fulfill the local demand for gold coinage. This bold golden-brown example has distributed moderate abrasions in the fields, as is appropriate for the grade. Traces of reddish patina cling to protected areas of the left reverse. Listed on page 306 of the 2005 Guide Book.(#10222) (PCGS# 10222)
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