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Description

1865-S Double Eagle, AU55
Attractive Original Patina

1865-S $20 AU55 NGC. CAC. The 1865-S double eagle was once considered rare in high grades, but the salvage of more than 500 examples from the wreck of the S.S. Brother Jonathan, and nearly 250 more pieces from the hull of the S.S. Republic, forever changed the rarity of this issue. As the two ships sank in July and October 1865, respectively, many of the coins recovered understandably remain in Mint State condition. Nevertheless, the moderate availability of high-grade survivors hardly inhibits demand for this Civil War-era San Francisco issue. The Choice AU example offered here boasts unusually clean surfaces for the grade, with only slight wear over the high points. Each side exhibits rich olive-gold patina, with fiery apricot luster framing the relief elements.
Ex: Eric P. Newman Numismatic Education Society.(Registry values: N1793)

Coin Index Numbers: (NGC ID# 269V, PCGS# 8944, Greysheet# 9905)

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 Certification Details from NGC

Auction Info

Auction Dates
November, 2014
14th-15th Friday-Saturday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 416

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
Sold on Nov 14, 2014 for: $3,525.00
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