1885-S $20 MS64 PCGS....

Description

Conditionally Rare Near-Gem 1885-S Twenty

1885-S $20 MS64 PCGS. By 1886, commercial demand for double eagles on the West Coast was sated, and San Francisco struck no examples that year. The coins of the previous year, 1885, thus experienced heavier circulation than they would have otherwise, which had a direct impact on the number of Mint State survivors.
This yellow-orange near-Gem offers swirling luster on the obverse and flashy reflectivity on the reverse. The surfaces are well-defined overall, with a hazy appearance and a few small copper spots on each side. A handful of small, scattered abrasions precludes a finer designation. Despite this issue's availability in better circulated and even lower Mint State grades, Select examples are elusive and near-Gems are condition rarities. NGC has graded no finer representatives, while PCGS has certified just one such coin (6/11).
Ex: ANA Signature (Heritage, 8/2007), lot 2037, which brought $10,350.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26BP, PCGS# 9005, Greysheet# 9942)

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.

View Certification Details from PCGS