1878-S $20 MS62 NGC....

Description

Lustrous 1878-S Double Eagle, MS62

1878-S $20 MS62 NGC. The plentiful mintage of 1.74 million 1878-S double eagles is surprising, considering that the San Francisco Mint was also tasked with churning out 9.77 million silver Morgan dollars and 4.16 million Trade dollars. It was the other denominations that suffered in comparison, most notably the rare 1878-S half dollar. This piece shows good luster, along with some typical abrasions consistent with the grade and smoke-gray accents on the obverse high points. The reverse is high-end for the grade. NGC has graded only nine examples finer (9/09).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26B5, PCGS# 8987, GSID# 9929)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 1,739,000

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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