1863 $20 MS61 PCGS....

Description

Important MS61 1863 Twenty Dollar

1863 $20 MS61 PCGS. After 1861, it was unusual for the Philadelphia Mint to coin more double eagles than its San Francisco counterpart. This was natural, since gold coins no longer circulated on the East Coast, but continued to trade hands in California, which was also home to productive gold fields. 1863 was a typical year for twenty dollar coinage. Philadelphia struck only 142,790 pieces, excluding the 30 proofs issued for collectors. The San Francisco mintage was close to four times higher. Recent recoveries from the S.S. Republic have added a few Mint State examples, but the 1863 remains rare regardless of grade. This lustrous example has pleasing orange and straw-gold toning. Distributed moderate marks on the left obverse are customary for the grade. Population: 8 in 61, 9 finer (1/08).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 269P, PCGS# 8939, Greysheet# 9800)

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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