1865-S $20 MS(PCGS#8944)

December 2025 Showcase Auction - The James A. Stack, Sr. Collection Part I

Auctioneer

Stack's Bowers

Lot Number

21025

Grade

AU50

Price

5,040

Lot Description

Lustrous About Uncirculated quality with universally bold detail and richly original honey-orange color. The mintage for this issue is 1,042,500 pieces, one of the largest production figures for the denomination during the Civil War and Reconstruction eras. These circulated freely on the West Coast, where most became well-worn in a relatively short time. Among the survivors at the AU level, this is certainly one of the nicest and most visually appealing the collector is likely to find even after considerable searching in today's market. The digits 186 in the date are repunched, seen most clearly at the flag of the 1.