1861-S $20 Paquet--Scratched--NCS. AU Details....

Description

Attractive 1861-S Paquet Twenty, AU50

1861-S $20 Paquet--Scratched--NCS. AU Details. Q. David Bowers considers the 1861-S Paquet double eagle the rarest coin of this denomination issued by the San Francisco Mint. In A Guide Book of Double Eagle Gold Coins, Bowers estimates a surviving population of approximately 200 examples. This issue was unknown to the numismatic community until 1937, when an example was found in a barn in Hull, Texas. The issue has become one of the most sought-after coins of the Liberty double eagle series.
The present coin is an attractive example of this scarce issue. Light, even wear shows on the high points of the design, but much original detail remains. The surfaces are lustrous, with the expected number of abrasions for the date. A few deep scratches on the obverse at 3 o'clock account for the NCS designation. This issue is un known in Mint State.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 269L, PCGS# 8936, Greysheet# 9901)

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.