1858 $20 MS(PCGS#8923)

August 2023 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

6647

Grade

AU55

Price

4,320

Lot Description

1858 Liberty Head Double Eagle. AU-55 (PCGS). Appealing honey-gold surfaces are sharply struck with ample mint frost remaining, the reverse on its own suggestive of a Mint State grade. The mintage for the date was just 211,714 pieces, down more than 227,000 pieces from the previous year's tally at the Philadelphia Mint. Face value for this elusive issue is $4,234,280. Even circulated examples are scarce for an 1850s double eagle, and we estimate that some 900 to 1,200 examples are extant. The present piece is superior for the assigned grade and would do justice to an advanced gold cabinet. PCGS# 8923. NGC ID: 2697. Click here for certification details from PCGS.