1870-S $20 AU58 NGC....

Description

In-Demand Near-Mint 1870-S Double Eagle

1870-S $20 AU58 NGC. Although the early San Francisco Mint routinely produced large quantities of double eagles, gold enjoyed heavy demand in 19th century California commerce, with the result that many coins have become difficult, if not impossible, to find in Mint State. The 1870-S double eagle is no exception in that regard, leaving collectors to compete over near-mint coins like the present piece, which shows just a trace of wear amidst partly lustrous surfaces. Contact marks are heavy on the obverse, but much less so on the reverse. Well struck for the issue with full detail on the stars.(Registry values: N991)

Coin Index Numbers: (NGC ID# 26A9, PCGS# 8959, GSID# 9912)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 982,000

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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