1856-S $20 Full Serif, High Right S MS64 PCGS....

Description

Fascinating 1856-S Liberty Double Eagle, MS64
Ex: S.S. Central America

1856-S $20 Full Serif, High Right S MS64 PCGS. Ex: S.S. Central America. Variety 17D, SSCA 7489. The 1856-S Liberty Head double eagle boasts a large mintage of nearly 1.2 million pieces. Thanks to the presence of more than 1,000 examples in the treasure excavated from the S.S. Central America, the 1856-S is the third most available Type One double eagle, and an extremely popular issue with type collectors. In addition to the Central America treasure, the 1856-S has turned up in other shipwreck finds and 23 specimens were included in the Baltimore Hoard of the 1930s. An early auction appearance was lot 2732 of the Wendell C. Foster Collection (Thomas Elder, 6/1935). Elder noted the coin was from the Baltimore Hoard, and described it as "Brilliant Unc. Finest ever." In the 1930s, the 1856-S was usually seen in circulated grades, and the Baltimore coin was an exceptional example. Today, the Mint State specimens from the S.S. Central America are acknowledged as some of the finest Type One double eagles ever seen.
The present coin is a marvelous specimen and fully struck in all areas with especially strong detail present on the stars and eagle's feathers. The surfaces exhibit intense, frosty luster, with a slightly granular texture. The only mark of note is a small, horizontal abrasion on Liberty's throat. Overall visual appeal is excellent, and the coin's history is compelling.(Registry values: P4)

Coin Index Numbers: (Variety PCGS# 70016, Base PCGS# 8919, GSID# 226335)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz

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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