1891 $20 MS(PCGS#9016)

Summer 2025 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

3401

Grade

XF45

Price

31,200

Lot Description

An historic rarity whose above average technical quality is matched by pleasing eye appeal. The color is rich and handsome with vivid pinkish-rose highlights to dominant deep honey-orange. Traces of the original mint finish remain, as does ample evidence of bold to sharp detail delivered by the dies. Desirable in all respects.<p>The 1891 is a significant rarity among the Type III Liberty Head double eagles, rivaling some of the legendary dates of the 1880s. During this era, the resources of the U.S. Mint were evidently focused on production of the new Morgan silver dollar, pursuant to the Bland-Allison Act of 1878. As such, minting of double eagles dwindled, and what little was produced was often sent to Europe, where much of it was eventually melted. Only 1,390 coins were struck for 1891 and fewer than 10% survive for collectors today. The vast majority of these are in circulated grades, often with surface impairments and nowhere near as problem free or attractive as this NGC EF-45 offering. The significance of this numismatic treasure can hardly be overstated.