1866-S $20 No Motto XF45 NGC....

Description

Low-Mintage 1866-S No Motto Twenty Dollar, XF45

1866-S $20 No Motto XF45 NGC. Douglas Winter and Adam Crum, in their 2002 An Insider's Guide to Collecting Type I Double Eagles, write that:

"Approximately 12,000 1866-S double eagles were struck with the Type I reverse in February, prior to instructions from Philadelphia were received to change over to the new Type II reverse. This is an unheralded but very scarce issue that is actually among the rarest Liberty Head double eagles of any type in higher grades. It is also an interesting transitional coin that represents the only dual issue Liberty Head double eagle."

The peach-gold surfaces of this Choice XF example are imbued with hints of light tan, and display traces of luster in some of the recesses. The strike is comparatively strong for the issue, and the few minute marks scattered about are not out of line with the grade designation. Census: 47 in 45, 59 finer (8/07).(Registry values: N2998)

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

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 120,000

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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