LOT #3904 |
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1869 $20 MS61 PCGS Gold Shield....
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Sold on Jan 31, 2019 for:
$13,200.00
Bid Source: Internet bidder
Description
1869 Double Eagle, MS61
Remarkable Mint State Survivor
1869 $20 MS61 PCGS Gold Shield. As of (12/18), PCGS and NGC
have certified 51 Mint State submissions for the 1869 double eagle.
With 175,155 pieces struck, that total represents an Uncirculated
survival rate of merely 0.03%. The fact is none of these coins were
ever intended to survive. They were manufactured exclusively for
export, as gold and silver remained unseen in domestic circulation
after the Civil War. Once the coins were received abroad, they were
usually melted and recoined. It is purely by chance that a few
dozen Mint State pieces are extant, including this MS61
representative. Khaki accents complement frosty orange-gold
surfaces. The stars show full radials, and partial detail appears
on the eagle's neck feathers. Heavily abraded, as expected, with a
scrape between OF AM. Population: 13 in 61, 17 finer
(12/18).(Registry values: N4719)Coin Index Numbers: (NGC ID# 26A5, PCGS# 8955, Greysheet# 9806)
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
2019 January 31 - February 3 Long Beach Expo US Coins Signature Auction - Long Beach #1292 (go to Auction Home page)
Auction Dates
Jan-Feb, 2019
31st-3rd
Thursday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 247
Buyer's Premium per Lot:
20% of the successful bid per lot.
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