1859 $20 MS(PCGS#8926)

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

Auctioneer

Stack's Bowers

Lot Number

4438

Grade

XF40

Price

6,300

Lot Description

1859 Liberty Head Double Eagle. EF-40 (PCGS). CAC. Rich olive-khaki patina with glints of iridescent rose greeting the viewer as the surfaces dip into a light. Well defined despite overall light wear and some softness to the strike. The 1859 is one of the scarcest and most underrated Philadelphia Mint double eagles from the 1850s. The circulation strike mintage for the date is a scant 43,597 pieces, survivors of which are only infrequently offered in any grade. There were only two examples in the treasure of the S.S. Republic, and the National Numismatic Collection in the Smithsonian Institution does not include a circulation strike 1859. Clearly this offering represents a significant opportunity for the astute double eagle enthusiast. Provenance: From the Paisley Acres Collection. PCGS# 8926. NGC ID: 269A. Click here for certification details from PCGS.