1862-S $20 MS61 NGC....

Description

1862-S Double Eagle, MS61
Nautical Pedigree, Brightly Lustrous

1862-S $20 MS61 NGC. Ex: S.S. Republic. Medium S. Doug Winter reports that at least 11 of the 114 1862-S double eagle pulled from the remains of the S.S. Republic were in Uncirculated condition. Those coins now constitute about one-quarter to one-third of the 30 to 40 Mint State examples of the 1862-S extant. Unlike certain other issues contemporary to this one, whose Uncirculated populations were vastly inflated through shipwreck recoveries, the 1862-S remains conditionally rare. Indeed, the finest known representative is only two and a half grade points higher than the coin offered here.

Brightly lustrous yellow-gold surfaces are lightly abraded, and the devices exhibit a bold impression. A lovely example of a challenging Western No Motto issue with a terrific nautical pedigree. Census: 18 in 61, 9 finer (11/21).
From The Buffalo Bayou Collection, Part 2. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 269N, PCGS# 8938, Greysheet# 9902)

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.

View all of [The Buffalo Bayou Collection, Part 2 ]

View Certification Details from NGC