1852 $20 MS64 PCGS. CAC....

Description

1852 Liberty Double Eagle, MS64
Rare High-Grade Type One Twenty

1852 $20 MS64 PCGS. CAC. The 1852 Liberty double eagle claims a large mintage of slightly more than 2 million pieces, making it one of the more available Type One twenties and a favorite choice of type collectors. However, In high grade the 1852 is anything but common, as the entire mintage was released into circulation at the time of issue and virtually no specimens were saved for numismatic purposes. While large numbers of some Type One dates were preserved through shipwrecks, like the S.S. Republic and the S.S. Central America, the 1852 was lightly represented in those finds. Approximately 130 examples of the 1852 were recovered from the two wrecks, but only about a dozen were of Mint State quality, none better than MS62.

Another possible source for 1852 double eagles was the Baltimore Hoard, found in the cellar of an old house in 1934 by two young boys who were digging under the floor. According to Q. David Bowers in American Coin Treasures and Hoards, 47 examples of the 1852 were included in that find. The latest date on any coin in the Baltimore Hoard was 1856, so the 1852 coins did not have much time to circulate before they were sequestered in the hoard. Doug Winter and Adam Crum indicate that some high-quality examples were recovered from this source. The Condition Census for the 1852 tops off at the MS65 level (with CAC), followed by two CAC-endorsed MS64 coins including this example. We can account for just four different auction appearances of coins in Choice Uncirculated condition over the last two decades, with this coin represented on two occasions.

Simply put, it is a delightful near-Gem, with vivid orange-gold surfaces that display attractive rose highlights. The design elements are sharply detailed throughout, with intricate detail evident on Liberty's hair. The surfaces radiate rich vibrant mint luster and are remarkably free of distractions. Eye appeal is terrific, to complement the high technical grade. This coin should find a home in the finest collection or Registry Set. PCGS Population: 5 in 64 (1 in 64+), 1 finer. CAC: 2 in 64, 1 finer (1/25).
Ex: Rarities Sale (Bowers and Merena, 9/2008), lot 822, realized $35,650; U.S. Coins Signature (Heritage, 8/2012), lot 5408, brought $82,250. (Registry values: N7079)
From The Mississippi Collection of Double Eagles, Part II.

Coin Index Numbers: (NGC ID# 268K, PCGS# 8906, Greysheet# 9787)

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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