1875 $20 MS62 PCGS....

Description

Scarce 1875 Double Eagle, MS62

1875 $20 MS62 PCGS. The double eagle mintage of 1875 is a generous figure approaching 300,000 coins, all the more remarkable when one considers that most of the other gold denominations produced in that pre-Centennial year range from the absurdly low to the nearly unique. The eagle, for example, saw a business strike mintage of only 100 coins, the smallest circulation strike emission of any gold coin.
This is a lustrous MS62 example of the double eagle, with attractive overall eye appeal and cartwheel luster sweeping across green-gold surfaces. At the MS63 level, the certified population thins out markedly.
Ex: Long Beach Signature (Heritage, 9/2008), lot 4164, which realized $3,220.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 26AS, PCGS# 8973, GSID# 9813)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Melt Value: $1,169.71
Gold Spot: $1,209/oz (07-09-2010)
Mintage: 295,740

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