1888 $20 MS(PCGS#9008)

1888 $20 MS (PCGS#9008)

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

Lot Description: It has been nearly two decades since we last offered a MS-63 example of this low mintage, conditionally challenged Philadelphia Mint double eagle. Wisps of iridescent pinkish-rose patina are seen on otherwise orange-gold surfaces that offer exceptionally vivid color. The strike is razor sharp, all design elements crisply rendered. Full satiny mint luster rounds out an impressive list of physical attributes, ensuring that this lovely piece will endear itself to even the most discerning gold enthusiast.<p>226,161 double eagles were coined at the Philadelphia Mint in 1888, the largest production at this facility during the 1880s. Many served in commerce and others were used to make gold payments overseas. Back in 1982, when David W. Akers wrote his reference book on double eagles, he characterized the 1888 as "very scarce in full Mint State." Repeating a familiar refrain, in subsequent years as European gold reserves were examined in detail, many previously unknown examples were uncovered, and the Mint State population surged from dozens to thousands. Current high-end estimates place the Mint State supply in excess of 3,500 pieces, although few have been certified above the MS-62 grade level. Here, then, is a significant condition rarity that will serve with distinction in another advanced double eagle collection, as it has in that of Mr. James A. Stack, Sr.