1860 $20 MS (PCGS# 8929)
The March 2010 Baltimore Auction
Auctioneer: Bowers & Merena
Lot Number: 3932
View the Original Auction
Unlike many other Type I Double Eagles from the 1850s and 1860s, the 1860-P has not benefited to a great degree through the discovery and conservation of shipwreck coins. In fact, we know of not more than 100 examples that have come to light with the excavation of the <em>S.S. Republic </em>shipwreck. High-grade Uncs were conspicuous by their absence, thus confirming the continued rarity of the 1860 in the finest Mint State grades.<br /> This lovely near-Gem is one of the finest examples to originate with the <em>S.S. Republic </em>shipwreck, and it has gone straight to the upper reaches of Condition Census for the issue. Bright with a softly frosted texture, both sides exhibit even color in a rose-gold shade. Minimally abraded, sharply struck and eagerly awaiting inclusion in an advanced Double Eagle collection.