Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 


    One of the Finest Known 1861-S Paquet Reverse Double Eagles, AU58

    1861-S $20 Paquet AU58 NGC. It is clear that this reverse variation was noted as early as 1865, as an 1861 Philadelphia Paquet Reverse double eagle was sold as lot 2818 in W.E. Woodward's Bache Collection where it realized $37, a significant sum in this era for an esoteric gold coin sold only four years after its issuance.
    The Paquet Reverse received very little in the way of publicity until the 1930s and it was still unknown to many collectors as recently as the late 1940s/early 1950s. A number of San Francisco examples were later located in Europe and, as more surfaced, the fame of the Paquet reverse grew. Today, it is clearly recognized as the rarest double eagle from the San Francisco mint. We believe this issue may still be undervalued when one considers its rarity and great story.
    There do not appear to be any pieces known that grade Uncirculated by today's interpretations. There may be as many as 16-20 known in About Uncirculated. The Paquet reverse is very rare in AU55 and extremely rare in AU58. The nicest piece sold in recent memory was the Dallas Bank Collection: 31 coin that was graded "Choice About Uncirculated" by Sotheby's/Stack's. It realized $40,250.
    This is the finest Paquet we can remember having handled. Most of the original mint luster still remains, although it is a bit thin in places. The obverse shows a few milling marks. Curiously, the obverse is more noticeably abraded than the reverse despite the fact that the obverse has the regular rim, as seen on all other double eagles. The rim normally offers some measure of protection to the interior devices from abrasions and circulation. The Paquet reverse has a greatly reduced rim and it was quickly discovered that this design flaw increased abrasions and friction from handling. What is particularly noteworthy about this piece (in addition to its high grade), is how clean and problem-free the reverse is. Well struck also, with the only notable softness seen around the peripheral stars on the obverse. Light pinkish-rose patina covers the softly frosted surfaces. A positively outstanding Paquet twenty.(#8936) (Registry values: P8, N19000) (NGC ID# 269L, PCGS# 8936)

    Fees, Shipping, and Handling Description: Coin/Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2004
    7th-10th Wednesday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 1,104

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $6) per lot.

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 16 days left to consign to the 2017 April 26 - May 2 CSNS US Coins Signature Auction - Chicago!

    Learn about consigning with us

    You have not just a fine firm but a collection of outstanding individuals whom we consider ourselves privileged to know and now consider friends. From me, and from my heart, I just say thank you for a great job of bringing my collecting life to a gratifying close.
    Eugene G.,
    Lancaster, PA
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $11,096,031
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,406,663
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,235