1866-S $20 No Motto MS(PCGS#8945)

The Regency Auction 29

拍卖行

Legend Rare Coin Auctions

批号

359

等级

AU55

价格

407,680

详细说明

A very RARE and highly desirable double eagle issue, the last of the Type Ones. While the reported mintage was 120,000, many experts believe that a large number were melted and never released and while we may never know for sure how many were released into circulation, what we know is there are very few to go around in all grades (PCGS CoinFacts estimates about 300, while Doug Winter estimates 175-225). Regardless, this GEM AU55 ranks among the top 20 graded by PCGS. These were all struck in February 1866, before the new With Motto dies arrived. The surfaces show a light friction in the fields and the highest portions of the devices, artifacts of a brief stay in commerce. A few ancient stray ticks can be noted, but they do not detract the eye. A bold satiny mint frost blooms on the obverse, while the luster on the reverse is distinctly reflective with a very attractive, semi-prooflike flash. PCGS 10, NGC 24, CAC 3. The other PCGS/CAC sold in auction in November 2013 for $88,125 and that is the only other recorded auction price for a PCGS AU55. The current PCGS Price Guide value is listed at $87,500. There are only eight coins graded finer at PCGS; a PCGS AU58 is a six-figure coin, the last one sold back in 2009 and the finest is the ex Saddle Ridge Hoard example that graded MS62. This is a real prize for any advanced double eagle specialist, among the finest PCGS coins available in the open market. We wish every interested bidder luck as there will be intense bidding competition for this beauty--and we offer, in advance, a hearty congratulations to the successful bidder! Cert. Number 34359222 PCGS # 8945