1859 $20 AU50 NGC....

Description

1859 Liberty Double Eagle, AU50
Low-Mintage Type One Issue

1859 $20 AU50 NGC. The 1859 Type One Liberty double eagle claims a small Philadelphia mintage of 43,597 pieces. There was little numismatic interest in double eagles at the time, and the few collectors who did systematically collect large denomination gold coins preferred to update their collections by buying a gold proof set every year. Accordingly, few high-quality specimens were saved by contemporary collectors. Additionally, the 1859 has not been recovered in large numbers in modern shipwreck finds. The issue is elusive in all grades today.

The is an impressive AU example, with vivid orange-gold surfaces that show the expected number of minor contact marks for the grade. Both sides retain much of their original mint luster and the well-detailed design elements are lightly worn. The overall presentation is most attractive. Census: 23 in 50, 67 finer (11/18).(Registry values: N2998)

Coin Index Numbers: (NGC ID# 269A, PCGS# 8926, GSID# 9795)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 43,597

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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