LOT #7661 |
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1879-S $20 MS62 PCGS Secure....
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Sold on Aug 12, 2011 for:
$12,650.00
Bid Source: Mail/Fax bidder
Description
Conditionally Rare 1879-S Twenty, MS62
1879-S $20 MS62 PCGS Secure. The 1879-S Liberty double eagle enjoyed a large mintage of more than 1.2 million pieces, but that figure does not translate into high-grade availability today. The issue circulated heavily in international trade as well as the regional economy, and the typical example seen grades in the XF-AU range. Even Mint State specimens are usually heavily bagmarked from contact with other coins during shipping and storage. The 1879-S is very scarce in MS62 condition, and anything finer is very rare.The present coin is an attractive MS62 example with a minimum number of contact marks for the grade. The surfaces have a smooth, buttery quality, with pleasing yellow-gold color accented by highlights of rose. The design elements are sharply rendered, and mint luster is vibrant and frosty. Population: 52 in 62, 4 finer (7/11).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 26B9, PCGS# 8991, Greysheet# 9932)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
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
2011 August Chicago Signature US Coin & Platinum Night Auction #1158 (go to Auction Home page)
Auction Dates
August, 2011
11th-14th
Thursday-Sunday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 499
Buyer's Premium per Lot:
15% of the successful bid per lot.
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