1853/2 $20 XF40 NGC. FS-301....

Description

Unacknowledged 1853/2 Double Eagle, XF40
Late Die State

1853/2 $20 XF40 NGC. FS-301. This is a later die state of the rare 1853/2 double eagle. There is simply no doubt of its overdate status. The only question we have is why doesn't the insert identify it as such? Two diagnostics are present on all overdates. The first, of course, is the downstroke of the 2 within the lower loop of the 3. It is clearly present on this piece but lighter than seen on early die state coins. The second diagnostic is the rust spot on the coronet below the R in LIBERTY. This is clearly evident. Breen claims to have discovered this overdate in 1959 and it was publicized by Ted Clark.
The strike is weak and especially so around the peripheries. The surfaces are bright orange-gold. A number of marks are scattered over each side, as one would expect from a coin that has seen 20 points of circulation. The only ones worthy of individual mention are a pair by star 13 and a long, diagonal mark in the reverse field below RIC.(Registry values: N991)

Coin Index Numbers: (NGC ID# 268M, PCGS# 8908, GSID# 9788)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 1,261,326

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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