1850 $20 MS60 NGC....

Description

Mint State 1850 Double Eagle
Popular First-Year Type Coin

1850 $20 MS60 NGC. A pleasing example of this historic first-year (almost) issue, save for the unique 1849 double eagle that resides in the Smithsonian Institution collection. For many collectors, the double eagle coinage is among the most attractive and compelling in U.S. numismatics. This example of the largest and heaviest regular-issue U.S. gold coin is pleasingly well struck, with lemon-yellow fields alternating with areas of darker toning that cover most of the devices. The star centrils and hair details are surprisingly bold, as is the reverse, but a reverse radial die crack travels clockwise from TW in the denomination through UNITED STATES OF AMERI before terminating. Both sides show considerable bagmarks, abrasions, and other surface indignities that bear witness to indifferent bagging, transportation, storage, and counting, but there is strictly no trace of rub. A prize acquisition for the type collector. Census: 5 in 60, 77 finer (12/09).
Ex: FUN Signature Auction (1/2006), lot 5563, which realized $7,590.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 268F, PCGS# 8902, GSID# 9785)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 1,170,261

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