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1875-S 20C MS67 PCGS. BF-9, R.2....
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Sold on Sep 6, 2018 for:
$33,600.00
Bid Source: Internet bidder
Description
1875-S Twenty Cent, MS67
Brilliant and Frosty Type Coin
Only Two Examples Finer
1875-S 20C MS67 PCGS. BF-9, R.2. The twenty cent
denomination is one of the great failures in American numismatics.
There was never any great need for it. Its use was limited to the
West, where consumers would often pay a quarter for items worth a
bit (one reale, or 12.5 cents) and receive a dime back in change.
Copper did not circulate in the Pacific states, so consumers were
often shortchanged by two cents. The twenty cent denomination was
suggested by Nevada Senator John P. Jones as a way of solving that
problem. It never caught on, and the denomination was abandoned for
circulation in 1876, one year after it was first introduced. The
1875-S is the most plentiful issue in the short-lived series,
claiming a mintage of 1.1 million coins.This Superb Gem nearly ranks among the finest survivors, surpassed by one example each at PCGS and NGC. Both sides are totally brilliant and brightly frosted with just a couple of microscopic ticks and a few wisps of pale gold color. Some stars are razor-sharp, others less so, and while the eagle's talons are fully defined, the upper-left wing tip lacks detail. No matter, the overall quality is practically unimprovable. This variety features a die chip in the dentils below the 8. The mintmark is high and ever so slightly recut. Population: 5 in 67, 1 finer (7/18).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 23R7, PCGS# 5298, GSID# 5040)
Metal: 90% Silver, 10% Copper
Weight: 5.00 grams
ASW: 0.16oz
Mintage: 1,155,000
Auction Info
2018 September 6 - 9 Long Beach Expo US Coins Signature Auction - Long Beach #1279 (go to Auction Home page)
Auction Dates
September, 2018
6th-9th
Thursday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 864
Buyer's Premium per Lot:
20% of the successful bid per lot.
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