1854-S $20 AU53 PCGS....

Description

1854-S Double Eagle, AU53
Large S Mintmark

1854-S $20 AU53 PCGS. The S mintmark is large on this piece as it is on all known 1854-S double eagles. The lower reverse displays extensive die cracks that suggest a production late in the year. The 1854-S is a highly popular and historic double eagle that was struck during the first year of coinage operations at the San Francisco Mint. Scattered marks are evident on the green-gold surfaces of this piece that shows wisps of pink toning. In his double eagle e-book at doubleeaglebook.com, Doug Winter writes that he regards the 1854-S as one of the more desirable Type One double eagles. Although this example is a grade level lower, Winter continues: "I feel that examples with original surfaces are clearly undervalued and very few people are aware of just how rare these are in AU55 and higher grades."(Registry values: N1793)

Coin Index Numbers: (NGC ID# 268U, PCGS# 8913, Greysheet# 9849)

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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