1857 $20 MS62 PCGS....

Description

1857 Double Eagle, MS62
Scarce Mint State Example

1857 $20 MS62 PCGS. While the 1857 San Francisco double eagle saw its Mint State population increase astronomically from thousands of shipwreck recoveries, the 1857 Philadelphia issue added only a few more than two dozen examples in all grades, most of those from the S.S. Republic. Although readily available in circulated grades, the 1857 follows the trajectory of most Type One twenties -- scarce in Mint State, and increasingly rare with each notch up the grading ladder.

This is a brilliant and frosted yellow-gold example, sharply struck and minimally bagmarked for the issue. A short reeding mark on he cheek and a scattering of small nicks determine the numeric grade, although the vibrant mint luster and sharp strike combine for freshly minted eye appeal. Population: 31 in 62, 6 finer (6/20).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 2693, PCGS# 8920, Greysheet# 9793)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 1.06oz
Mintage: 439,375

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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