1858-S $20 MS (PCGS# 8925)

2011 June Long Beach Signature US Coin Auction #1156

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4898
  • Grade:
    MS61
  • Price:
    $11,500.00
Lot Description
1858-S $20 MS61 PCGS. The 1858-S Liberty double eagle was produced in large quantities, with a reported mintage of 846,710 pieces. The issue circulated heavily during the 19th century, and most examples seen today are in lower grades, with abraded surfaces. In the words of Jeff Garrett and Ron Guth, "Very few examples were saved, and in Mint State this issue is very rare." The present coin is a well-detailed MS61 example, with vivid green and orange-gold surfaces. A number of minor contact marks are scattered about each side, none worthy of individual mention. Original mint luster remains vibrant in sheltered areas. Population: 10 in 61, 1 finer (5/11).
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