1888 $20

Description

1888 Double Eagle, Condition Census MS64 Quality

1888 $20 MS64 NGC. After seven years of minuscule mintage figures, production of Double Eagles at the Philadelphia Mint increased dramatically in 1888. This is a fairly common issue in MS60-62 condition. It becomes very scarce in MS63 and very rare in any grade above that. There appears to have been a small hoard of Gem examples at one time. The three or four high grade 1888 Double Eagles we have seen all had a similar overall "look."
This uncleaned, orange-gold example has a much stronger strike than most pieces we have encountered. The star centrils are fully defined and almost all the hair is complete at the top of Liberty's head as well as on the bun.
A "Gem Brilliant Uncirculated" sold for $16,100 in the Dallas Bank Collection, and a PCGS MS64 realized $13,640 in the Kingswood 6/98 sale. There were a pair of NGC MS65s on the market four or five years ago and at least one of them sold for more than $20,000.

Coin Index Numbers: (NGC ID# 26BT, PCGS# 9008, Greysheet# 9823)

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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