1860 $20 MS62+ NGC....

Description

1860 Twenty Dollar, MS62+
An Underrated Rarity This Fine

1860 $20 MS62+ NGC. Despite a mintage exceeding 577,000 coins, the 1860 Philadelphia double eagle is seldom seen in Mint State. Numismatic interest in United States coinage had been born by 1860, although collectors largely ignored high denomination gold, and when interest did pick for gold in the following years, most collectors acquired proofs instead of circulation strikes. Branch mint gold became popular with collectors after the 1890s, but circulation coinage from Philadelphia still languished. Even in recent years, many rare and low-mintage Philadelphia gold issues have remained underrated in numismatic circles. These factors all contribute to the rarity of the 1860 double eagle in Mint State.

This Plus-graded MS62 example is just outside the Condition Census for the date. Sharp definition and vibrant, frosty yellow-gold luster adorn each side, while scattered light abrasions define the grade. Eye appeal remains pleasing overall. Census: 12 in 62 (3 in 62+), 4 finer (5/24).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 269D, PCGS# 8929, Greysheet# 9796)

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.

View Certification Details from NGC