LOT #5175 |
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1871 $20 MS64 NGC....
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Sold on Apr 24, 2021 for:
$63,000.00
Bid Source: Internet bidder
Description
1871 Liberty Double Eagle, MS64
Tied for Finest Certified
Ex: Dallas Bank
1871 $20 MS64 NGC. The 1871 Liberty double eagle claims the
smallest mintage of any Philadelphia Type Two double eagle, at a
modest 80,120 pieces. Most of the mintage was released into
circulation and few high-quality examples were saved for numismatic
purposes. The 1871 is a scarce-to-rare issue in all grades today,
with most survivors in the XF-AU grade range. Mint State examples
are rare. Both Jeff Garrett and Ron Guth and David Akers have
singled out this coin, from the famous Dallas Bank Collection, as
the finest example they have seen. The cataloger of the Dallas Bank
Collection described this coin as:"CHOICE BRILLIANT UNCIRCULATED. Cited in Akers. A virtually unimprovable example of this low mintage issue. Both sides of this lovely piece are beautifully toned in a rich yellow gold. The obverse and reverse surfaces are brightly reflective and semi-prooflike. Full cartwheels are sharp and radiate perfectly unbroken over smooth, hard fields, with a stunning silken sheen. There are essentially no marks of any important kind that require mention save for a short hairline on Liberty's chin. Superbly well struck on both sides, with outstanding detail visible. A coin about which Akers wrote, 'I have seen only three uncs but one was a blazing gem 65+ coin.' An exemplar of the type - it is hard to imagine a finer example could exist."
We have little to add to that physical description, except to note that it has been 20 years since this coin appeared in the Dallas Bank Collection and it may be many years before a comparable example becomes available. The discerning collector will bid accordingly. Census: 2 in 64, 0 finer (3/21).
Ex: H. Jeff Browning; The Dallas Bank Collection (Sotheby's/Stack's, 10/2001), lot 55.
From The Selman Family Collection. (Registry values: P6)
Coin Index Numbers: (NGC ID# 26AA, PCGS# 8960, Greysheet# 9808)
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.
View all of [The Selman Family Collection ]
Auction Info
2021 April 22 - 25 Central States US Coins Signature Auction #1329 (go to Auction Home page)
Auction Dates
April, 2021
22nd-25th
Thursday-Sunday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 602
Buyer's Premium per Lot:
20% of the successful bid per lot.
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