1868-S $20 AU58 NGC....

Description

Elusive, Appealing Near-Mint 1868-S Double Eagle

1868-S $20 AU58 NGC. The generous mintage exceeding three-quarters of a million coins belies the rarity of this issue in high grade. The average certified survivor grades only Choice XF or a bit better, and Mint State coins are "exceedingly rare," according to Bowers' reference on the denomination. It appears as though most examples circulated in the hardscrabble West of the era, while those that remained Uncirculated must have been melted at a later date. The present coin, unlike most circulated and Mint State pieces seen, is relatively free of bagmarks, and has wonderful eye appeal emanating from the orange-gold surfaces. The strike is somewhat weak on some of the peripheral stars on the obverse, but the abundant luster and premium appeal more than compensate. (Registry values: N1793)

Coin Index Numbers: (NGC ID# 26A4, PCGS# 8954, GSID# 9909)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 837,500

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 Certification Details from NGC