1873-S $20 Open 3 MS(PCGS#8979)

1873-S $20 Open 3 MS (PCGS#8979)

June 2018 Baltimore U.S. Coins Auction

Auctioneer
Stack's Bowers
Lot Number
229
Grade
MS62
Price
15,600
Lot Description
Scarce 1873-S Open 3 Double Eagle Condition Census MS-62 1873-S Liberty Head Double Eagle. Open 3. MS-62 (PCGS). A smartly impressed, fully frosted example that boasts lovely rose-orange patina on both sides. The mintage for the 1873-S double eagle of 1,040,600 pieces includes both Close 3 and Open 3 date logotypes, and it was higher than the previous year's San Francisco Mint delivery by more than a quarter-million pieces. Face value totaled a hefty $20,812,000. Much of this mintage later went overseas in banking transactions, and many are the Mint State pieces that have come back home, especially during the 1990s. Most of the Uncirculated survivors are examples of the Close 3 variety, however, Open 3 coins such as this in the distinct minority in today's market. This is a Condition Census MS-62 that would serve as a focal point in any high quality double eagle set. Provenance: From the Fairmont Collection. PCGS Population: 10; 0 finer. PCGS# 8979. NGC ID: 26AM. Click here for certification details from PCGS.
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