1861-S $20 MS62 NGC....

Description

1861-S Double Eagle, MS62
Frosty Condition Census Example

1861-S $20 MS62 NGC. The 1861-S double eagle comes from a substantial mintage of 768,000 coins, although it pales in comparison to the more than 2.9 million coins struck at Philadelphia the same year. The Philadelphia coin survives in quantity in Mint State, but the 1861-S is a rarity so fine. High denomination gold circulated to a greater extent on the West Coast, particularly in the post-Gold Rush, pre-Civil War era.

This MS62 coin is among the finer-known 1861-S twenties. It is tied for the finest at NGC, and just a couple of PCGS coins are listed finer. Frosty orange-gold and peach luster cartwheels around each side, producing pleasant eye appeal. Under a loupe, a few tiny ticks are noted on the portrait, but the preservation is excellent for the grade. Census: 4 in 62, 0 finer (7/22).
Ex: Beverly Hills Signature (Heritage, 12/2018), lot 4329, where it brought $22,200.
From The Northern Lights of Vermilion 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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