1866-S $20 No Motto AU55 NGC....

Description

1866-S No Motto Twenty Dollar, AU55
Sought-After Transitional Issue
Great Eye Appeal

1866-S $20 No Motto AU55 NGC. Small S. This San Francisco double eagle famously serves as the final issue in the No Motto subseries. While the new Type Two design was put into use beginning in 1866, it took several months for the dies to arrive in California, so the facility continued with No Motto production in the interim. In all, a relatively small total of 120,000 1866-S No Motto double eagles were struck. Doug Winter estimates 175 to 225 example survive, though that number may be closer to 300 pieces.

Original mint frost shines around the devices. Pale glints of green and reddish color adorn minimally abraded medium yellow-gold surfaces. Dark encrustations appear in the dentils at the lower right obverse and within the first few vertical shield lines. Eye appeal and detail are excellent for this notoriously challenging transitional issue. Census: 23 in 55, 17 finer (7/21).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 269W, PCGS# 8945, Greysheet# 9906)

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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