1891-S $20 MS(PCGS#9018)

August 2019 ANA U.S. Coins Auction Rosemont, IL

Auctioneer

Stack's Bowers

Lot Number

2478

Grade

MS64

Price

3,360

Lot Description

1891-S Liberty Head Double Eagle. MS-64 (PCGS). CAC. This beautiful example exhibits subtle pink highlights to otherwise medium gold surfaces. Sharply struck, lustrous and sure to please. Mintage for the 1891-S double eagle amounted to 1,288,125 pieces, up more than 485,000 coins from the preceding year. We estimate that 6,000 to 8,000 or even more Mint State coins are extant, most in the MS-60 to 62 grade range, but with enough forays into MS-63 or marginally finer to go around. As with so many issues in the Liberty Head $20 series, the 1891-S is rare in higher Mint State grades, and the present example ranks among the finest certified. If you had been collecting double eagles 60 years ago a Mint State 1891-S would have been a scarcity if not a rarity. Today we are fortunate to have many double eagles available in Uncirculated preservation. The same can be said for Morgan and Peace dollars - due to hoards they are much easier to collect now than they were two or three generations ago. PCGS# 9018. NGC ID: 26C4. Click herefor certification details from PCGS.