1879 $20 MS61 NGC....

Description

Lustrous Mint State 1879 Twenty Dollar

1879 $20 MS61 NGC. FS-801. UNITED STATES and other reverse legends exhibit die doubling. The parity between gold, silver, and paper currency that was achieved in late December 1878, as well as huge numbers of gold and silver coins flowing back into the United States from Canada that had been hoarded since the Civil War, decreased the need for new coinage. Despite a moderate mintage exceeding 200,000 coins, the 1879 double eagle is scarce in Mint State, with most certified examples grading no more than AU55 to AU58, as a rule. This piece offers bounteous luster on the orange-gold surfaces, with fewer abrasions than might be expected for the grade confined largely to the reverse.(Registry values: N1793)

Coin Index Numbers: (NGC ID# 26B6, PCGS# 8988, GSID# 9817)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Melt Value: $1,020.71
Gold Spot: $1,055/oz (10-23-2009)
Mintage: 207,630

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 NGC