1881 $20 AU53 PCGS....

Description

1881 Double Eagle, AU53
About 40 to 60 Coins Extant
Only 2,199 Circulation Strikes

1881 $20 AU53 PCGS. The 1881 Philadelphia double eagle is the first in a string of low-mintage issues (sometimes no-mintage issues, in the case of the 1883, 1884, and 1887). The decade saw Treasury and Mint personnel adopt a policy that favored larger mintages for the eagle and half eagle at the expense of the quarter eagle and double eagle. The 1881 twenty dollar was produced to the extent of 2,199 business strikes plus 61 proofs. Probably only 40 to 60 coins survive.

The surfaces show light field chatter and numerous small abrasions scattered over each side, but a trace of semiprooflikeness remains around the devices. The only mentionable flaws include gouges above IN and between S OF. This appealing AU53 double eagle features deep orange-gold color with lilac accents over Liberty's portrait. Strong detail remains. Population: 3 in 53, 13 finer (11/17).
Ex: ANA National Money Show Signature (Heritage, 10/2012), lot 6249.
From The Gator Man Collection. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 26BC, PCGS# 8994, Greysheet# 9819)

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.

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