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Description

1854-S Twenty Dollar, AU58
First-Year San Francisco Issue

1854-S $20 AU58 NGC. CAC. Production at the newly opened San Francisco Mint began in April 1854, with coinage of the first double eagles bearing an S mintmark. Due in part to the sizeable numbers of privately minted small denominations circulating in Gold Rush-era California, depositors typically requested large denominations, and therefore the new mint's resources were primarily utilized for eagles and double eagles its first year of operation.

More than 141,000 double eagles were produced, but surprisingly few survive today. This near-Mint example boasts unusually smooth surfaces and bold design definition. Luminous apricot-gold surfaces increase the eye appeal.
Ex: Eric P. Newman Numismatic Education Society.(Registry values: N1793)

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

Weight: 33.44 grams

Metal: Gold


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

Auction Info

Auction Dates
November, 2014
14th-15th Friday-Saturday
Bids + Registered Phone Bidders: 19
Lot Tracking Activity: N/A
Page Views: 1,079

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
Sold on Nov 14, 2014 for: $28,200.00
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