1869 $20 MS61 PCGS....

Description

1869 Double Eagle, MS61
Vivid Color and Vibrant Mint Luster

1869 $20 MS61 PCGS. For much of the 19th century, the San Francisco Mint handled the bulk of double eagle production for circulation purposes, because of its proximity to the gold fields and the preference for hard money in the Western economy. Philadelphia mintages were generally much smaller and the coins were mostly used as currency reserves. A modest mintage of 175,130 double eagles was accomplished at the Eastern mint in 1869, and most examples seen today show the extensive bag marks associated with long-term storage in government vaults.

The present coin displays a minimum number of minor contact marks for the grade and the vivid greenish-gold surfaces display vibrant mint luster that maximizes the coin's visual appeal. The design elements are sharply detailed throughout. Housed in a green label holder. Population: 9 in 61, 15 finer (8/13).(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.

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