1870 $20 MS61 PCGS....

Description

1870 Liberty Head Double Eagle, MS61
Elusive Date in Mint State

1870 $20 MS61 PCGS. The 1870 Liberty Head double eagle was produced in adequate quantities, but the issue is seldom encountered today, especially in Mint State grades. Collecting large denomination gold coins did not become popular until the 1930s, and the few collectors who did pursue double eagle collections usually opted for proof specimens to represent the date. Current population data reveals PCGS has certified only 12 coins in MS61, with 22 finer, while NGC has graded 14 MS61 specimens, with 17 finer (8/10). The data may be inflated by resubmissions.
The present coin is a pleasing Mint State specimen, with rich, greenish-gold surfaces, accented by shades of orange and red. The design elements are sharply impressed, with just the slightest softness evident on the lower curls. Subtle, original mint luster complements the pleasing color. A scattering of minor abrasions on both sides is consistent with the grade.(Registry values: N4719)

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

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 155,150

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 PCGS