LOT #1937 |
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1866-S $20 Motto MS60 PCGS....
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Sold on Dec 4, 2009 for:
$13,800.00
Bid Source: Internet bidder
Description
Pleasing 1866-S Liberty Double Eagle, MS60
Condition Rarity, With Motto
1866-S $20 Motto MS60 PCGS. The first year of the Type Two
double eagle design, and a popular issue with type collectors. The
1866-S Liberty Head, With Motto double eagle boasts a substantial
mintage of 842,250 pieces. The coins circulated heavily in the
regional economy at the time of issue. While the issue is not
difficult to locate in circulated grades today, it is a rarity in
Mint State. David Akers reports, "With respect to condition rarity,
the 1866-S Motto is in the top 10% of the entire Double Eagle
series." Q. David Bowers estimates perhaps 40 to 70 examples
survive today in Mint State grades.The present coin features a better than average strike, with only slight weakness on the central obverse, as usually seen. The surfaces are bright orange-gold, with unusually attractive frosty luster. Handling marks are consistent with the grade. Population: 4 in 60, 18 finer (10/09).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 269Y, PCGS# 8950, Greysheet# 9907)
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.
Auction Info
2009 December Houston, TX US Coin Auction #1132 (go to Auction Home page)
Auction Dates
December, 2009
3rd-6th
Thursday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 580
Buyer's Premium per Lot:
15% of the successful bid per lot.
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