1858 $20 MS(PCGS#8923)

Winter 2022 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

7315

Grade

AU58

Price

5,520

Lot Description

1858 Liberty Head Double Eagle. AU-58 (PCGS). The lustrous and vivid surfaces of this coin are remarkably well preserved in a survivor of this scarce, conditionally challenging Type I double eagle issue. The strike is sharp, luster nearly full, and the eye appeal is strong. The mintage for this issue was just 211,714 pieces, down more than 227,000 pieces from the previous year's tally at the Philadelphia Mint. Even circulated examples are scarce for an 1850s double eagle, and we estimate that some 900 to 1,200 examples are extant. The present piece is a superior Choice AU and destined for an advanced gold cabinet, where it will surely be a highlight. Provenance: From the Fairmont Collection - CBL Set. PCGS# 8923. NGC ID: 2697. Click here for certification details from PCGS.