LOT #7075 |
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1853/2 $20
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Sold on Feb 23, 2001 for:
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Description
Seldom Seen Choice XF 1853/2 Double Eagle
1853/2 $20 XF 45 NGC. A pleasing, original example with natural orange-gold and rose color atop very lustrous surfaces. As usual, there are a number of abrasions located in the fields but none of these are deep or detracting. The bottom base of the 2 is clearly visible within the lower loop of the 3. A decidedly above average example of this important variety.The 1853/2 is significant as the only recognized overdate in the twenty Lib. series. It is scarce in all grades and becomes very rare in the upper ranges of About Uncirculated. There is only one example that has ever been certified as Uncirculated by either of the major services, the Bass IV: 802 coin (graded MS 61 by PCGS and earlier graded the same by NGC). That piece brought a remarkable $41,400 when sold in November 2000. If its rarity was ever in doubt, that sale clearly proved that the 1853/2 is now regarded as one of the most important Liberty Head double eagles in high grades.
From the David & Jeannie Cheung Collection.
Coin Index Numbers: (NGC ID# 268M, PCGS# 8909, GSID# 9846)
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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Auction Info
2001 February Long Beach Signature Sale #248 (go to Auction Home page)
Auction Dates
February, 2001
22nd-24th
Thursday-Saturday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 497
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