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    Description

    1859 Gilt Double Eagle Pattern
    Judd-257, PR64
    Anthony Paquet's Design

    1859 P$20 Twenty Dollar, Judd-257, Pollock-305, High R.6, PR64 Gilt NGC. CAC.
    Design.
    The obverse features Paquet's design with a seated figure of Liberty facing left, a fasces supported by her right hand and a shield by her left hand. Around the margin are 13 stars and below is the date. An eagle is partially hidden by the shield. The reverse design has a heavy wreath that encloses the date, the denomination 20 DOLLARS, and legend UNITED STATES OF AMERICA. The lettering is Paquet's distinctive style, apparently not used by any other engravers. Struck in copper and gilt with a reeded edge.

    Commentary. Our auction archives record 15 appearances of this pattern variety, including nine gilt examples. This example is tied with one other piece for the finest gilt specimen we have handled.

    Physical Description. Sharply struck with bright yellow surfaces showing a few spots and marks on each side, including die striations and faint hairlines. The appearance suggests the planchet was gilt prior to striking, unlike others that were plated afterward.
    From The Eric P. Newman Collection. (NGC ID# 29D6, PCGS# 12024)


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    Auction Info

    Auction Dates
    April, 2013
    24th-28th Wednesday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 813

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    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.

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    I would like to take this opportunity to express dea's appreciation for the outstanding work and expertise your office provided in handling this sale.
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    Thomas Dolan, Assistant Special Agent in Charge, Drug Enforcement Agency,
    Denver, CO
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