1865-S $20 MS(PCGS#8944)

August 2023 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

6666

Grade

MS61

Price

6,000

Lot Description

1865-S Liberty Head Double Eagle. MS-61 (NGC). Light golden-rose patina mingles with a vibrant frosty texture, the surfaces sharply struck with outstanding eye appeal in a BU Type One double eagle. In the early 1980s, when David Akers wrote his reference book on double eagles, the 1865-S was regarded as a rarity in AU, and all but unobtainable in Mint State. Since that time, examples have turned up in overseas hoards -- undoubtedly from gold reserves in various European banks -- and now perhaps 800 to 1,000 Mint State pieces can be accounted for, much to the delight of specialists who have the opportunity to acquire pieces in grades that would have been unimaginable just three or four decades ago. PCGS# 8944. NGC ID: 269V. Click here for certification details from NGC.