Menu
Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

Description

Mint State 1853 Assay Office Twenty, K-18

1853 $20 Assay Office Twenty Dollar, 900 Thous. MS61 NGC. K-18, R.2. All of the 1853 U.S. Assay Office twenties are actually 900/880 THOUS., but the underlying 880 faded from the dies as more pieces were struck. The .900 THOUS. pieces are not as elusive as the .884 THOUS. variety (K-17, low R.7) that was issued. These pieces were issued because of a lack of parting acids and in their naturally alloyed state, in defiance of the Congressional edict that mandated that only .900 fine gold coins were acceptable for payment of customs duties. Kagin's Private Gold Coins and Patterns of the United States asserts that 2.5 million of the K-18 coins were struck between March and October 1853, but most were either circulated or melted. Today the average grade for certified survivors--the top end of the total extant population--is a bit less than AU55. NGC and PCGS together document 254 survivors of the K-18 pairing(s) in the various Mint State grades, from which an appropriate amount may be subtracted for resubmissions.
This is an exceptionally well struck example that shows full feather definition in the center of the obverse and no weakness on the letters on the reverse. Rich orange-gold color is seen on each side as well as surprising mint luster. A few widely scattered field marks on both sides account for the MS61 grade.
Listed on page 365 of the 2009 Guide Book. (NGC ID# ANHD, PCGS# 10013)


Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
June, 2008
26th-29th Thursday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 522

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
Consign now
  • Cash Advances
  • More Bidders
  • Trusted Experts
  • Over 200,000 Satisfied Consignors Since 1976
Only 12 days left to consign to the 2016 December 8 - 9 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

I'm very pleased with how you run the auctions and am certain to consign coins at future events.
Jeff H.,
Talking Rock, GA
View More Testimonials

HA.com receives more traffic than any other auction house website. (Source: Compete.com)

Video tutorial

Getting the most out of search

Recent auctions

2016 September 9 - 12 The Twelve Oaks Collection Signature Auction
2016 September 9 - 12 The Twelve Oaks Collection Signature Auction
REALIZED $8,541,600
2016 September 8 - 13 Long Beach Expo World Coins & Ancient Coins Signature Auction - Long Beach
2016 September 8 - 13 Long Beach Expo World Coins & Ancient Coins Signature Auction - Long Beach
REALIZED $4,499,482
2016 September 8 - 12 Long Beach Expo World Currency Signature Auction - Long Beach
2016 September 8 - 12 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,023,060

© 2016 Heritage Auctions | All Rights Reserved