1893 $20, PL MS (PCGS#881969)
August 2021 ANA U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 6208
- 等级
- MS62PL
- 价格
- 18,658
- 详细说明
- 1893 Liberty Head Double Eagle. MS-62 PL (PCGS).
Uncommonly reflective in the fields, this inviting Mint State 1893 double eagle also offers sharp striking detail and vivid honey-rose color. The mintage for this issue is 344,280 coins, up some 340,000 pieces from the low of the preceding year at the Philadelphia Mint. Face value amounted to $6,885,600. Perhaps 6,000 to 10,000 or more Uncirculated examples of the issue are available today. Most are MS-60 to MS-63 with limited examples in MS-64 and just a handful finer. In 1982 David W. Akers recorded that he had never found an auction record for a Mint State example of this issue prior to 1965. This variety was VF and EF in most collections formed before the mid-1960s. Today, the rarity of Mint State examples is particularly pronounced in grades above MS-64, as above, and with a Prooflike finish, as here.
The Panic of 1893 caused problems nationwide. The migration of double eagles to foreign countries increased. Treasury reserves were very low and, while undoubtedly a problem for the nation at the time, mass exports laid the groundwork for later repatriations that have provided many of the Mint State Liberty Head double eagles in today's market.
PCGS Population: just 2 in all grades in the PL category, both MS-62 PL, and both offered in this sale.
PCGS# 881969.
Click here for certification details from PCGS.
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