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    Description

    1885 Liberty Head Twenty, MS61
    Classic Gold Rarity
    Only 751 Pieces Struck

    1885 $20 MS61 PCGS. CAC. In 1885, the Philadelphia Mint coined a meager 828 double eagles, a figure that includes 77 proof examples. The business-strike mintage of 751 pieces ranks among the lowest production totals in the entire regular-issue series of U.S. gold coinage. The proofs provide a small supply of this sought-after issue for date collectors, with 15-20 specimens extant. Mint State regular-issue coins are even more elusive. Jeff Garrett and Ron Guth estimate fewer than 100 business-strike examples survive in all grades, the great majority in circulated condition. Currently, PCGS has certified two coins in MS61, with five examples finer, while the NGC Census reflects seven specimens at this grade level, with only two pieces finer (12/10). This is only the third time Heritage has been privileged to offer an 1885 double eagle in MS61 condition, with the coin offered here accounting for two of those offerings. This identical coin was featured as lot 3738 of the FUN Signature Auction (Heritage, 1/2007), where it realized $63,250. Another MS61 PCGS specimen was offered as lot 1754 of the October Signature Auction (Heritage, 10/2009), which realized $57,500.
    The present coin is an attractive Mint State example of this rare date. Like nearly all other examples seen, this piece has fully prooflike surfaces with a hint of contrast between the fields and devices. Radial flowlines just inside the border on each side are the only characteristic that distinguishes this business strike specimen from the proofs. It has deep greenish-gold color with hints of orange. An attractive example, and extremely rare at this grade level.(Registry values: N7079) (NGC ID# 26BM, PCGS# 9003)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    February, 2011
    3rd-6th Thursday-Sunday
    Bids + Registered Phone Bidders: 24
    Lot Tracking Activity: N/A
    Page Views: 5,901

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    We also followed the bidding online yesterday here in Salt Lake for the other 3 coins - great fun. Prices realized met or exceeded our expectations.
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    Salt Lake City, UT
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