1864 $20 MS62 PCGS....

Description

1864 Liberty Double Eagle, MS62
Elusive Philadelphia Issue in Mint State

1864 $20 MS62 PCGS. The 1864 double eagle (204,235 circulation strikes) is most often seen in XF grades. It is scarce in the lower About Uncirculated grades, rare in AU55 to AU58, and is extremely rare in Mint State (Douglas Winter and Adam Crum, 2002). PCGS and NGC have graded a total of 33 Uncirculated coins, all but three specimens in MS60 to MS63. There were a reported 42 examples among the S.S. Republic recoveries, most in grade ranges from XF to Mint State.

The rich peach-gold surfaces of this MS62 specimen display semi-prooflike fields that yield pronounced contrast with the devices, especially when it rotated under a light source. The strike is better than often seen on the issue, including boldness at the star centers. A few light obverse marks limit the grade, yet nevertheless this piece generates great eye appeal for the grade designation. PCGS Population: 11 in 62 (1 in 62+), 4 finer (6/25).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 269S, PCGS# 8941, Greysheet# 9801)

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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