1862 $20 AU58 NGC. CAC....

Description

1862 Double Eagle, AU58
Extraordinary Quality, CAC Approval

1862 $20 AU58 NGC. CAC. Doug Winter writes at doubleeaglebook.com: "By 1862, production of gold coins at the Philadelphia mint had dwindled greatly. This situation was compounded by hoarding, exporting, and melting of all issues larger than one dollar. As a result, the 1862 double eagle has a very low survival rate." Only 150 to 200 pieces are thought to survive in all grades from a mintage of 92,098, and probably not more than 12 to 15 cons are better than this one.

Semiprooflike orange-gold surfaces exhibit marked field reflectivity. The stars are bold, and the central reverse is stronger than the corresponding area on the other side. Lightly abraded, but extraordinarily appealing for the issue. Census: 16 in 58 (1 in 58 ★ ), 9 finer. CAC: 2 in 58, 3 finer (3/21).
From The Gibney Family Collection. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 269M, PCGS# 8937, Greysheet# 9799)

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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