1857 $20 MS(PCGS#8920)

1857 $20 MS (PCGS#8920)

November 2017 Baltimore U.S. Coins Auction

Auctioneer
Stack's Bowers
Lot Number
2234
Grade
AU58+
Price
6,000
Lot Description
1857 Liberty Head Double Eagle. AU-58+ (PCGS). This is a thoroughly PQ example, the surfaces sharply defined with nearly complete satin luster. Awash in handsome medium gold patina, and uncommonly smooth for the assigned grade, this coin is superior to many Mint State survivors of the issue that we have handled over the years. Overshadowed by the rare 1857-O and the popular 1857-S, the 1857 has not always been recognized for the scarce to rare double eagle that it is. Survivors from the mintage of 439,375 pieces typically grade VF or EF, with Choice AU examples very scarce and Mint State survivors highly elusive in a market that includes an ever-growing number of Liberty double eagle enthusiasts. An important find for the advanced specialist, and sure to see spirited bidding. PCGS# 8920. NGC ID: 2693.
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