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    Wondrous 1885 Twenty, MS62

    1885 $20 MS62 ★ NGC. The 1885 is an instantly recognizable date among Liberty double eagle enthusiasts, part of a string of low-mintage or null-mintage Philadelphia business strike dates that extended through most of the 1880s. Its circulation-strike production of just 751 pieces, while not the lowest in the sequence (that honor belongs to the 1882, at 571 examples), is widely recognized and highly prized today. As noted by Garrett and Guth, "It goes without saying that the date is extremely popular."
    In keeping with its elusive nature, the 1885 double eagle appears only infrequently in the numismatic marketplace. Most known examples are circulated. Heritage has offered this issue in grades through MS62, at that level only twice before, and those two appearances are by the same NGC-certified coin; it was part of the Eagle Collection and later the Richard J. Chouinard Collection. The present piece is the only other MS62 example graded by NGC and was awarded the Star designation, which the other piece did not receive. NGC has graded two numerically finer examples (5/08).
    Each side of this wonderful example exhibits razor-sharp striking detail, with surprising definition on the individual strands of Liberty's hair. Nuanced yellow-orange surfaces offer delightful reflectivity, in keeping with the low mintage, and the overall visual appeal is amazing. Only a handful of overt marks are present, and the wispy flaws that preclude Select status, though justly factored into the technical grade, do not accurately convey the coin's impressive appearance. An important opportunity for the dedicated Liberty double eagle collector.
    From the Fern E. Wagner Trust.(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.

    View all of [The Fern E. Wagner Trust ]

    Auction Info

    Auction Dates
    June, 2008
    26th-29th Thursday-Sunday
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
    Page Views: 2,872

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