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    Description

    1854 Kellogg & Co. Twenty, AU58
    Scarce K-2 Example

    1854 $20 Kellogg & Co. Twenty Dollar AU58 NGC. K-2, R.4. The California economy suffered from an acute shortage of coinage after the United States Assay Office closed in late 1853, until the San Francisco Mint began coinage operations on a large scale in 1854. Even after the Mint was officially established, shortages sometimes limited production, putting extreme pressure on the small supply of coinage available to meet the needs of the burgeoning economy. To fill the gap, Kellogg & Co. produced 20 dollar gold pieces in large numbers during 1954 and 1855.

    The Long Arrows on the reverse and the position of CO in the coronet centered under two beads identifies the scarce K-2 variety. This attractive near-Mint example shows just a trace of actual wear on the sharply detailed design elements and the pleasing orange-gold surfaces retain traces of original mint luster. Aside from a few contact marks on Liberty's cheek, the surfaces are remarkably free of large or distracting abrasions. A minor rim bruise is evident on the reverse at 4 o'clock.

    Coin Index Numbers: (NGC ID# ANHZ, PCGS# 10222)


    View Certification Details from NGC

    Auction Info

    Auction Dates
    August, 2016
    10th-14th Wednesday-Sunday
    Bids + Registered Phone Bidders: 21
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