Skip to main content
Go to accessibility notice

    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)


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    June, 2008
    26th-29th Thursday-Sunday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 650

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

    Sold for: Sign-in or Join (free & quick)

    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 28 days left to consign to the 2020 February 20 - 24 Long Beach Expo US Coins Signature Auction - Long Beach!

    Learn about consigning with us

    You guys are top shelf for professionalism. Miles ahead of your competitors.
    John P.,
    Santa Fe, NM
    View More Testimonials

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

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 December 5-7 US Coins Signature Auction - Dallas
    2019 December 5-7 US Coins Signature Auction - Dallas
    REALIZED $9,491,556
    2019 December 5 - 6 HKINF World & Ancient Coins Signature Auction - Hong Kong
    2019 December 5 - 6 HKINF World & Ancient Coins Signature Auction - Hong Kong
    REALIZED SO FAR $3,848,428
    2019 December 4 - 6 HKINF World Paper Money Signature Auction - Hong Kong
    2019 December 4 - 6 HKINF World Paper Money Signature Auction - Hong Kong
    REALIZED SO FAR $1,667,425