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Lot
5408

1855 $20 Kellogg & Co. Twenty Dollar AU58 NGC. K-3b, R.5....

2012 May 30- June 3 US Coins Signature Auction- Long Beach #1171

 
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Auction Ended On: Jun 1, 2012
Item Activity: 12 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

Near-Mint 1855 Kellogg & Co. Twenty
Rare K-3b With Short Arrows
1855 $20 Kellogg & Co. Twenty Dollar AU58 NGC. K-3b, R.5. The obverse has the O of CO on Liberty's hair, while the reverse has short arrows. This private "Territorial" issue was struck in the State of California after the opening of the San Francisco Mint, shedding a bit of light on the limitations of that term. Generous orange-gold luster remains on this scarcely worn example, an aid to grading in the face of significant striking weakness, particularly at the upper obverse. Scattered light abrasions and a few deeper digs are as expected for such a large coin that saw commercial use. Listed on page 387 of the 2013 Guide Book. (PCGS# 10225)

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