1880-S $20 MS (PCGS#8993)
March 2021 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 4180
- 等级
- MS62+
- 价格
- 70,978
- 详细说明
- Wonderfully Original Mint State 1880-S $20 Gold
1880-S Liberty Head Double Eagle. MS-62+ (PCGS). CAC.
Superior Mint State preservation for this scarce and conditionally challenging Type III Liberty Head double eagle issue. Both sides are bathed in a handsome blend of rose-gold patina and frosty mint luster. Fully struck and nearly in the Choice Mint State category.
836,000 double eagles, equal to $16,720,000 in face value, were coined at the San Francisco Mint in 1880, eclipsing the Philadelphia Mint production figure by a wide margin. It is likely that large numbers immediately entered the channels of commerce, as gold coins were very popular on the West Coast for day-to-day transactions. Many others may have been kept on hand in Treasury vaults for the redemption of Gold Certificates. Q. David Bowers in his 2004 Guide Book of Double Eaglesestimated a population of 200 to 300, or perhaps even more Uncirculated examples. This estimate represents a vast increase in supply since the early 1980s, the result of repatriations from foreign bank hoards. The 1880-S is still rare in comparison to many other late date San Francisco Mint Liberty Head double eagles, however, especially at and above the grade level offered here.
PCGS Population: 1; 19 finer (MS-65+ finest).
PCGS# 8993. NGC ID: 26BB.
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