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    Description

    1861 Liberty Twenty, MS65+
    Extraordinary Type One Example
    A High Condition Census Rarity

    1861 $20 MS65+ PCGS. CAC. Among Type One Liberty double eagles, the 1861 issue claims the largest mintage, at just under 3 million pieces. Before the recovery of the S.S. Central America, with its fabulous treasure trove of thousands of early double eagles, the 1861 was one of the very few Type One issues that could be found in Mint State condition. The number of Uncirculated examples was increased considerably when the salvage of the S.S. Republic added another 500 specimens (that mostly graded between AU58 and MS62) to the supply. However, most Uncirculated examples have surface marks from rough storage and transport and grade no better than MS63. Coins in MS64 condition are seldom encountered, MS65 examples are rare, and finer coins are virtually unobtainable.

    The present coin is the second-finest example of the date known. A spectacular Plus-graded Gem, it exhibits razor-sharp definition on all design elements, with full star radials, fine detail in Liberty's hair strands and the eagle's feathers, and rounded prongs on the coronet. The pleasing apricot-gold surfaces radiate vibrant mint luster from both sides and only a few minor contact marks and luster grazes are evident, even under close scrutiny. Overall visual appeal is terrific. This coin is second to only one other 1861 normal reverse double eagle, namely the MS67 example at PCGS, which holds the title of finest certified (5/20), and it is measurably finer than the handful of other MS65 coins reported. We expect intense competition from series specialists, type collectors, and Registry Set enthusiasts when this lot is called. It may be years before a comparable example becomes available. This is the only Gem example of the date with CAC endorsement. Population: 5 in 65 (1 in 65+), 1 finer. CAC: 1 in 65, 1 finer (4/20).(Registry values: N7079)

    Coin Index Numbers: (NGC ID# 269G, PCGS# 8932)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    June, 2020
    4th-7th Thursday-Sunday
    Bids + Registered Phone Bidders: 33
    Lot Tracking Activity: N/A
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