1854 $20 Kellogg & Co. MS(PCGS#10222)

August 2021 ANA U.S. Coins Auction

拍卖行

Stack's Bowers

批号

4306

等级

MS61

价格

248,772

详细说明

Exceptional Mint State 1854 Kellogg $20 1854 Kellogg & Co. $20. K-1a. Rarity-4. Short Arrows. MS-61 (PCGS). A remarkably sharp and attractive example of the privately minted Kellogg & Co. "double eagle." Traces of apricot patina gleam from around the devices, accenting the otherwise pale lemon-yellow surfaces. Very well composed for this grade level and free of distracting hairlines or significant blemishes. A minor mark at the tip of the bust serves as the most convenient pedigree marker and the devices remain sharp and untroubled. Truly superior quality for this challenging issue from the historic California Gold Rush. Just 6 coins have been grade finer by PCGS. Kellogg & Co. produced some 300,000 $20 gold pieces in 1854 and 1855, the firm's coining activities filling a critical void in the commerce of Gold Rush California since it came between the dissolution of the United States Assay Office of Gold in 1853 and the delivery of the first double eagles from the San Francisco Mint. Even though the federal Mint placed its first double eagles into circulation in 1854, and operations continued apace through 1855 and beyond, the Kellogg & Co. pieces of both years were eagerly sought by local businesses. On the other hand, once San Francisco Mint gold coinage became firmly established in commercial channels, many of their privately produced predecessors were melted for their bullion content. Survivors of both Kellogg & Co. $20 issues are certainly scarce in an absolute sense, and they are rare with the quality and eye appeal offered here. PCGS Population: 7; 6 finer. PCGS# 10222. Click here for certification details from PCGS. Click here to see Coins in Motion.[“Coins]