1886 $20 VF35 PCGS....

Description

1886 Twenty Dollar, VF35
Few Survive in Any Condition

1886 $20 VF35 PCGS. The seven-year run of rare Philadelphia double eagles from 1881 to 1887 saw either extremely limited production of circulation strikes or no circulation coinage at all (as in the case of the proof-only issues of 1883, 1884, and 1887). The business strike dates of 1881, 1882, 1885, and 1886 are all extreme rarities, rivaling the traditional classics of the series including the 1854-O, 1856-O, and the 1870-CC twenties.

Estimates range from 40 to 50 survivors from an original mintage of 1,000 business strikes for the 1886 twenty. The availability of an additional 20 to 25 surviving Proof strikings helps mask the true elusiveness of business strike specimens. The present offering is an appealing example with little wear considering the assigned grade, and surfaces that still exhibit bold flashes of lustrous, orange-gold originality in protected areas. The coin is moderately bagmarked, although the abrasions do little to limit the piece's eye appeal. Overall, this is a sharp, flashy example that would fit well as one of the cornerstone holdings in any Liberty double eagle date collection. Housed in an older, green-labeled PCGS holder. Population: 1 in 35, 24 finer (2/14).
Ex: Portland, OR Signature (Heritage, 3/2004), lot 6453.
From The Collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26BR, PCGS# 9006, Greysheet# 9822)

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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