1861-S $20 MS62 PCGS. CAC....

Description

1861-S Double Eagle, MS62
One of the Finest Available Survivors

1861-S $20 MS62 PCGS. CAC. Medium S. The San Francisco Mint continued to churn out massive quantities of double eagles in 1861, striking 768,000 twenties with the usual Normal Reverse plus a small quantity with the Paquet Reverse. As soon as the coins were struck, they either entered into local circulation or ended up being sent off to far-away places, like Europe or Central and South America. There, they were usually melted and recoined. Perhaps 20 or 30 pieces survive in Mint State, usually in MS60 or MS61.

This is one of the rare MS62 representatives in nearly unsurpassed quality. Natural orange-gold surfaces present attractive copper-red and lavender accents amid the gleaming mint luster. The design is uniformly bold, except stars 2 and 3. The only singular abrasion is a reeding mark above the first T in TWENTY. Population: 6 in 62 (2 in 62+), 2 finer. CAC: 4 in 62, 1 finer (11/18).
From The Coco 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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