1870 $20 MS61 PCGS. CAC....

Description

1870 Double Eagle, MS61
Scarce Philadelphia Twenty

1870 $20 MS61 PCGS. CAC. The 1870 double eagle is significantly scarcer than is often realized by nonspecialists. About Uncirculated is the typical grade encountered, and Garrett and Guth note that the issue is "very rare in full Mint State." Moreover, most such pieces are heavily abraded. The Smithsonian Institution lacks a circulation strike example of this date, pointing to the preference of early collectors to acquire proofs, leaving the circulation-issue pieces to slowly fade away in commerce. This Uncirculated representative exhibits radiant, frosty luster with only light chatter limiting the grade. The devices are well-struck and the surfaces yield pleasing yellow-gold color. Population: 18 in 61, 22 finer (4/15).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26A7, PCGS# 8957, Greysheet# 9807)

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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