1891 $20 AU53 NGC....

Description

1891 Twenty Dollar, AU53
Low-Mintage Philadelphia Issue

1891 $20 AU53 NGC. Any discussion of the 1891 double eagle's place in U.S. numismatics must begin with its business strike mintage, just 1,390 pieces. (This coin's 2009 auction appearance listed below, gives a figure of 1,442 coins, but this tally erroneously includes the 52 proofs of the year.) Modestly rubbed surfaces are pale yellow-gold with considerable remaining reflectivity. Scattered light to moderate digs, including a handful of rim cuts, affect the obverse more heavily, though the decently detailed reverse is attractive for the grade. Census: 3 in 53, 28 finer (7/22).
Ex: Bowers and Merena (9/2009), lot 1639; New York Signature (Heritage, 3/2012), lot 4306, where it realized $28,750.
From The Saranne Collection. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 26C2, PCGS# 9016, GSID# 9826)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 1,390

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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