1862 $20 AU58 NGC....

Description

1862 Twenty Dollar, AU58
Low-Mintage Wartime Issue

1862 $20 AU58 NGC. With the outcome of the Civil War uncertain, the mintage of double eagles from the Philadelphia Mint dropped from nearly 3 million pieces in 1861 to 92,000+ pieces in 1862; examples are accordingly rare in all grades. Most coins seen are in the XF and the lower AU range. High-end AU and Mint State pieces are infrequently seen.

The present near-Mint State specimen boasts lightly abraded and delightful orange-gold surfaces with just a trace of high-point wear and a generous amount of luster. The design elements are well-impressed, including nice detail on all the obverse star radials. A couple of reeding marks are noted on Liberty's cheek. Census: 17 in 58 (1 in 58 ★ ), 9 finer (2/18).
Ex: Dallas Signature (Heritage, 10/2006), lot 3206; FUN Signature (Heritage, 1/2011), lot 5258; Central States Signature (Heritage, 4/2011), lot 5467.(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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