1854-S $20 AU58 PCGS. CAC....

Description

1854-S Double Eagle, AU58
Outstanding Original Surfaces

1854-S $20 AU58 PCGS. CAC. Shortages of parting acids at the San Francisco Mint during its first year of operation limited production of double eagles by restricting the amount of bullion that could be prepared for coinage. This problem was remedied in 1855, but the 1854 double eagle was left with a marginally small mintage (for the period) of little more than 140,000 pieces. Most of these experienced extensive circulation in Gold Rush-era California. Mint State survivors are scarce, and even high-end AU coins are elusive. This near-Mint representative displays a bold strike and lustrous, frosty fields. There are no heavy abrasions, and only slight friction is seen over the high points of the devices. The medium green-gold patina is original. Population: 4 in 58, 54 finer; CAC: 4 in 58, 4 finer (3/16).(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.

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