1876-S $20 MS(PCGS#8978)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

Auctioneer

Stack's Bowers

Lot Number

1365

Grade

MS63+

Price

6,900

Lot Description

Choice Uncirculated 1876-S Twenty Among the Finest Known to PCGS 1876-S Liberty Head Double Eagle. MS-63+ (PCGS). CAC. Gold Shield Holder. Lively mint frost swirls around handsome rose-gold surfaces on both sides of this smartly impressed, exceptionally well preserved example. The mintage for this plentiful San Francisco Mint issue is 1,597,000 pieces, up more than 250,000 pieces from the previous year's total at the West Coast facility. Face value amounted to $31,940,000. Many were exported, beginning in a significant way in 1879. We estimate a Mint State population for the 1876-S of 2,000 to 3,000 pieces, if not more. Most of these are at MS-60 to MS-61, though MS-62 pieces can be found with a modicum of patience. Beginning at the MS-63 level, offered here, your chances of obtaining a specimen thin dramatically despite the certified population reports. A rare coin in an absolute sense, and even rarer from a market availability standpoint, this impressive piece represents a significant find for the quality conscious gold enthusiast. Provenance: From the Fairmont Collection. PCGS Population: 5; 17 finer (MS-65 finest). PCGS# 8978. NGC ID: 26AX. Click here for certification details from PCGS.