1879-S $20 MS63 PCGS....

Description

Remarkable 1879-S Select Twenty Dollar

1879-S $20 MS63 PCGS. 1879 is a popular year with double eagle date collectors as it is the only Type Three issue struck at four mints (Philadelphia, Carson City, New Orleans, and San Francisco). While the 1879-S has the highest mintage figure (1,223,800 pieces), it is scarcer than what might be expected. Most known examples are in the Extremely Fine to About Uncirculated range. The majority of PCGS/NGC Uncirculated specimens (about 450 pieces) fall into the MS60 to MS61 range. Fewer than 80 have been graded MS62. A mere three examples rate MS63, one is near-Gem, and there are none finer.
Michael Fuljenz and Douglas Winter write in their Type Three Double Eagles, 1877-1907 reference that the 1879-S is often found weakly struck. Our Select offering exhibits above average striking characteristics. The obverse star centers are strong, as is most of Liberty's hair, the eagle's plumage, and peripheral lettering, all areas that typically are weak. Additionally, attractive orange-gold and yellow-green coloration bathes the lustrous surfaces of both sides. Distributed minute contact marks prevent a higher grade. Fortunately, though, these are fewer and of less severity than usually seen on surviving specimens of this issue.
Fuljenz and Winter note that two varieties of 1879-S double eagles are known. The first has a normal 9 in the date, while the second shows traces of what might be a 7 or 8 below the loop of the 9. The present example is the first, or normal 9 variety.
From The Martin Estate Collection.(Registry values: N1)

Coin Index Numbers: (NGC ID# 26B9, PCGS# 8991, Greysheet# 9932)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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