1899 $20 MS(PCGS#9035)

November 2017 Baltimore U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

10218

Grade

MS65+

Price

7,500

Lot Description

Remarkable Premium Gem 1899 Double Eagle 1899 Liberty Head Double Eagle. MS-65+ (NGC). The lovely rose-orange surfaces of this 1899 double eagle are silky smooth with attractive satin luster. The strike is bold in most areas of this very well preserved survivor from a mintage of 1,669,300 circulation strikes. Much of the mintage was used in overseas business and banking transactions. By this time paper money was used in preference to gold coins domestically, except in certain areas of the West. We estimate that 25,000 to 45,000 or more Uncirculated examples of this issue are available to today's collectors, mainly in the MS-60 to MS-63 range, with coins graded up to MS-65 moderately scarce. The 1899 is a noteworthy condition rarity any finer, however, and the present example numbers among the finest known. It is ideally suited for inclusion in an advanced gold type or date set. PCGS# 9035. NGC ID: 26CM. NGC Census: 2; 2 finer (both MS-66).