1861 $20 MS (PCGS# 8932)
The August 2010 Boston Rarities Sale
Auctioneer: Bowers & Merena
Lot Number: 1834
View the Original Auction
Prior to the discovery of several important shipwrecks such as those of the <em>S.S. Central America </em>and the <em>S.S. Republic</em>, the 1861-P was the most plentiful Type I Double Eagle. While now ranked ahead of issues such as the 1857-S in overall and high-grade rarity, the 1861 remains one of the more plentiful coins of its type in Mint State. Even so, high-grade Uncs are rare when viewed in the wider context of U.S. numismatics. The present example easily qualifies as Condition Census.<br /> This is a handsome near-Gem with exceptionally smooth surfaces for both the type and the issue. There are none but a few extremely minor abrasions scattered about, none of which are worthy of undue concern. Sharply struck and frosty, with an overlay of rich reddish-rose patina that further enhances an already lovely appearance.