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

Description

1861-S Liberty Double Eagle, MS61+
Seldom Encountered Any Finer

1861-S $20 MS61+ NGC. After a small production of Paquet Reverse double eagles early in the year, the San Francisco Mint went on to strike 768,000 Liberty twenties during the rest of 1861, using the old Longacre reverse. Like most S-mint double eagles, the 1861-S circulated heavily at the time of issue and few were preserved by contemporary collectors. The issue is available in abundant quantities in circulated condition, but high-grade coins are quite rare today, even factoring in the coins recovered from the S.S. Brother Jonathan and the S.S. Republic.

The coin offered her is a Plus-Graded MS61 specimen, with an unusually sharp strike for this issue, which is among the most weakly struck Type One S-mint twenties. The stars have complete radials and bold definition is evident on Liberty's hair. The lustrous orange-gold surfaces are lightly marked for the grade and the overall presentation is most appealing. Census: 8 in 61 (1 in 61+), 3 finer (11/16).(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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