1885-S $20 MS(PCGS#9005)

Spring 2022 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

5456

等级

MS65

价格

282,735

详细说明

Marvelous Gem Mint State 1885-S $20 1885-S Liberty Head Double Eagle. MS-65 (PCGS). A landmark condition rarity among circulation strike 1880s double eagles. Beautiful rose-gold surfaces are originally and expertly preserved with eye appeal to spare. Lustrous and frosty, as well, with a razor sharp strike throughout the design. The mintage for this issue is 683,500 coins. Similar to contemporary San Francisco Mint twenties most 1885-S examples promptly entered circulation; many others were shipped overseas as a component of international trade, and still others were set aside for the backing of Gold Certificates. David W. Akers, writing in 1982, enumerated a few dozen Uncirculated examples that he found listed in a survey of major auction sales going back to the 1940s. By 2004, when Q. David Bowers penned his Guide Book of Double Eagles, the supply was estimated at between 2,000 and 4,000 examples, this being in a different era after significant quantities of classic U.S. Mint gold coins had been repatriated from foreign bank hoards. While plentiful in lower grades, the 1885-S remains rare at the Choice Mint State level, as here. It is exceedingly rare as a Gem, this being one of only three grading events in MS-65 listed at PCGS. (There are no examples graded higher than MS-64 at NGC.) This is the first auction appearance ever for the 1885-S in MS-65, and this extraordinary Fairmont specimen is poised to set a new price record for the issue. Provenance: From the Fairmont Collection-Hendricks Set. PCGS Population: 3; 0 finer. PCGS# 9005. NGC ID: 26BP. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. Click here to see Coins in Motion.[“Coins]