1892 $20 MS66 ★ Deep Prooflike NGC....

Description

Extraordinary 1892 Double Eagle
MS66 ★ Deep Prooflike

1892 $20 MS66 ★ Deep Prooflike NGC. The 1892 is a well-known and highly respected issue in the Type Three series. Only 4,523 business strikes were produced, with another 93 proofs struck. The rarity and value of this issue are such that the mintmark has been removed from 1892-S coins in the past. It is reliably estimated that some 130-140 coins survive today in all grades. Most survivors are in XF-AU and Mint State coins are quite rare, especially above MS62.
The 1892 is generally seen with numerous and heavy abrasions, which makes this coin all the more special. This piece is similar in overall texture and appearance to the 1976 ANA example, but the pedigree identifiers on that coin do not exactly match this one. The strike is full, as usually seen, with complete radial lines on the stars and fully defined hair detail on Liberty. The fields are fully and deeply prooflike on each side, this coin apparently being one of the first struck from the new (polished) dies from this year. Additionally, the devices are heavily frosted, with the result that both obverse and reverse have a pronounced cameo effect. Abrasions are minimal, aside from several tiny marks in the left obverse field. Please note, quite a few scuffs appear on the holder; they are not on the coin. A speck of copper color appears in the field in front of the juncture of Liberty's throat and neck. Needless to say, this is a very rare offering with this degree of technical merit, one equally rare with this amount of aesthetic appeal. The finest certified at PCGS are three examples in MS64; at NGC this is the only MS66 Deep Prooflike, although a couple of non-Prooflike coins are numerically finer (11/09).
Ex: 2004 FUN Signature (Heritage, 1/2004), lot 3188, which brought $36,800.
From The Atherton Family Collection.(Registry values: N1)

Coin Index Numbers: (NGC ID# 26C5, PCGS# 9019, GSID# 9827)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 4,430

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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