LOT #7048 |
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1855-S $20 MS61 NGC....
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Sold on Jan 6, 2017 for:
$11,750.00
Bid Source: Live: Floor bidder
Description
1855-S Twenty Dollar, MS61
Lustrous and Razor-Sharp
1855-S $20 MS61 NGC. Medium S. This coin offers far greater
overall eye appeal than the numeric grade of MS61 suggests. Couple
that with considerable historic appeal, and this piece emerges as a
prime offering. It was struck in only the second year of operation
of the San Francisco Mint. As might be expected for a new Western
outlet for tons of freshly mined gold, the production of the 1855-S
double eagle was plentiful, a total of 879,675 pieces. The loser in
the long run was New Orleans, which saw diminishing double eagle
mintages until the Civil War ended its production altogether until
the small 1879-O issue.This piece shows the familiar "Slanted 5s" in the date, and the surfaces are clean for the grade, except for a few abrasions that are mostly well-hidden in Liberty's hair. Orange-gold and green-gold compete for territory over surfaces that retain much luster. A loupe reveals scattered, trivial hairlines in keeping with the grade, and the strike is uniformly bold throughout. Census: 13 in 61, 11 finer (11/16).
Ex: Summer FUN Signature (Heritage, 7/2011), lot 4996.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 268X, PCGS# 8916, Greysheet# 9854)
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.
Auction Info
2017 January 4 - 9 FUN US Coins Signature Auction - Fort Lauderdale #1251 (go to Auction Home page)
Auction Dates
January, 2017
4th-9th
Wednesday-Monday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 696
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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