1888-S $20 MS65 NGC....

Description

Singular Gem 1888-S Twenty

1888-S $20 MS65 NGC. Although the 1888-S is among the most common S-mint double eagle issues from the 1880s, until this wonderful coin was certified, apparently in the last couple of years, no MS65 coin of the issue had ever been graded at either service. Proof is in the 2006 edition of the Garrett-Guth Gold Encyclopedia: "Choice pieces are scarce but offered at auction with regularity. The number of examples that have been graded MS-64 is surprisingly high for the mint and era. There are no known examples in Gem condition."
This since-certified issue is the single finest and only 1888-S at either service in MS65 condition (6/10), and a marvelous coin it is. Both sides show swirling cartwheel luster emanating from the peach-gold surfaces. Extensive perusal with a loupe only confirms the initial impression that the coin is remarkably clean and abrasion-free. The coin is fully struck throughout, with no visible weakness. Finally, the eye appeal is enormous. In an auction full of incredible coins, this piece must be seen as a highlight among highlights.
As enthusiasts of the Liberty Head double eagle coinage are acutely aware, there are many issues in the series for which lower-Mint State coins are plentiful, and higher-grade Uncirculated pieces are either rare or nonexistent. With the number of later Type Three twenties in Gem condition is substantial, the earlier era, including the first decade or so of S-mints, remains underrated. The knowledgeable collector will pursue this beauty with a strong bid.(Registry values: N1)

Coin Index Numbers: (NGC ID# 26BU, PCGS# 9009, GSID# 9944)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 859,600

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 NGC