LOT #1320 |
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1876 $20 MS64 PCGS....
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Sold on Jul 31, 2009 for:
$40,250.00
Bid Source: Live: Phone bidder
Description
Stunning MS64 1876 Double Eagle
1876 $20 MS64 PCGS. The U.S. Centennial year was the last year of production for the Liberty Head Type Two double eagle at the Philadelphia Mint. The following year saw the debut of the Type Three design, with the denomination on the reverse changed from TWENTY D. to TWENTY DOLLARS. The final Type Two mintage was a substantial 583,905 pieces. In Type II Double Eagles 1866-1876, authors Doug Winter and Michael Fuljenz discuss the availability of 1876 double eagles:"The 1876 Double Eagle is common in circulated grades and in the lower Mint State grades as well. It becomes scarce in MS62, rare in MS63 and it is very rare in any grade higher than this."
Currently, no examples of this date have been certified above the MS64 level by either of the leading grading services (6/09). The feature which immediately stands out on the present coin is the fantastic display of color on each side. The attractive reddish, orange-gold color of the coin is interspersed by significant areas of beautiful lilac on both obverse and reverse. The strike is sharp, complementing the outstanding color to produce intense visual appeal. Just a few light handling marks on Liberty's cheek account for the borderline MS65 grade. Population: 17 in 64, 0 finer (6/09).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 26AV, PCGS# 8976, GSID# 9814)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 583,905
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.
Auction Info
2009 August Los Angeles, CA US Coin Auction #1128 (go to Auction Home page)
Auction Dates
Jul-Aug, 2009
31st-2nd
Friday-Sunday
Bids + Registered Phone Bidders: 21
Lot Tracking Activity: N/A
Page Views: 1,040
Buyer's Premium per Lot:
15% of the successful bid per lot.
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