1861-S $20 MS61 NGC. CAC....

Description

1861-S Double Eagle, MS61
Salvaged from the S.S. Republic
Very Rare in Mint State

1861-S $20 MS61 NGC. CAC. Ex: S.S. Republic. This San Francisco issue had a healthy mintage of 768,000 coins, yet it is a significant condition rarity in Mint State. Doug Winter's doubleeaglebook.com provides the following commentary: "The discovery of eleven Uncirculated 1861-S double eagles from the S.S. Republic treasure virtually doubled the total number of Uncirculated 1861-S double eagles. The 1861-S remains rare in Uncirculated with most in the MS60 to MS61 range. There are probably just five or six properly graded MS62's and this date is unique in MS63." This impressive double eagle, one of the 11 Uncirculated coins traced to the S.S. Republic and housed in its original holder with CAC approval, presents vibrant frost over glowing yellow-gold surfaces. The stars and hair curls are unsurprisingly incomplete, but the reverse is better defined. Small abrasions in the field limit the grade. An important opportunity for those assembling a high-grade set of Type One twenties. Census: 8 in 61 (1 in 61+), 3 finer. CAC: 2 in 61, 4 finer (11/16).
From The Casady Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 269K, PCGS# 8935, Greysheet# 9900)

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.

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